Counterpoint Mutual Funds LLC Buys Shares of 30,765 SunCoke Energy, Inc. (NYSE:SXC)

Counterpoint Mutual Funds LLC bought a new stake in shares of SunCoke Energy, Inc. (NYSE:SXC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 30,765 shares of the energy company’s stock, valued at approximately $329,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Natixis Advisors LLC acquired a new stake in SunCoke Energy during the 4th quarter valued at approximately $243,000. Moran Wealth Management LLC acquired a new stake in shares of SunCoke Energy during the 4th quarter worth approximately $1,873,000. AlphaQuest LLC grew its position in shares of SunCoke Energy by 1,881,950.0% during the 4th quarter. AlphaQuest LLC now owns 37,641 shares of the energy company’s stock worth $403,000 after buying an additional 37,639 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of SunCoke Energy during the 4th quarter worth approximately $469,000. Finally, Bank of New York Mellon Corp grew its position in shares of SunCoke Energy by 4.5% during the 4th quarter. Bank of New York Mellon Corp now owns 1,030,196 shares of the energy company’s stock worth $11,023,000 after buying an additional 44,009 shares during the period. Institutional investors and hedge funds own 90.45% of the company’s stock.

SunCoke Energy Stock Performance

Shares of SXC stock opened at $9.05 on Tuesday. The company has a market cap of $762.96 million, a price-to-earnings ratio of 8.08 and a beta of 0.98. SunCoke Energy, Inc. has a 52 week low of $7.47 and a 52 week high of $12.82. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71. The firm has a 50 day moving average of $9.64 and a 200-day moving average of $9.96.

SunCoke Energy (NYSE:SXC) last announced its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.24 by $0.04. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. On average, equities analysts forecast that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 5.31%. The ex-dividend date was Friday, February 14th. SunCoke Energy’s dividend payout ratio (DPR) is 42.86%.

SunCoke Energy Company Profile

SunCoke Energy, Inc operates as an independent producer of coke in the Americas and Brazil. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.