Fox Run Management L.L.C. Acquires 21,943 Shares of SunCoke Energy, Inc. (NYSE:SXC)

Fox Run Management L.L.C. raised its holdings in SunCoke Energy, Inc. (NYSE:SXC) by 73.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 51,642 shares of the energy company’s stock after buying an additional 21,943 shares during the period. Fox Run Management L.L.C.’s holdings in SunCoke Energy were worth $553,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SXC. GAMMA Investing LLC boosted its stake in shares of SunCoke Energy by 71.3% during the fourth quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company’s stock valued at $44,000 after purchasing an additional 1,730 shares during the period. KBC Group NV lifted its holdings in SunCoke Energy by 61.1% during the 4th quarter. KBC Group NV now owns 6,082 shares of the energy company’s stock valued at $65,000 after buying an additional 2,307 shares in the last quarter. Tocqueville Asset Management L.P. bought a new position in SunCoke Energy in the 4th quarter worth about $118,000. XTX Topco Ltd purchased a new position in shares of SunCoke Energy during the third quarter worth approximately $120,000. Finally, Navellier & Associates Inc. raised its stake in shares of SunCoke Energy by 11.3% during the fourth quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company’s stock valued at $121,000 after acquiring an additional 1,152 shares in the last quarter. Institutional investors own 90.45% of the company’s stock.

SunCoke Energy Stock Up 2.7 %

Shares of NYSE:SXC opened at $9.36 on Tuesday. The business’s 50 day moving average is $9.55 and its 200 day moving average is $9.99. The stock has a market cap of $789.11 million, a P/E ratio of 8.35 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.

SunCoke Energy (NYSE:SXC) last posted its earnings results on Thursday, January 30th. The energy company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. Sell-side analysts predict that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a yield of 5.13%. SunCoke Energy’s dividend payout ratio is currently 42.86%.

SunCoke Energy 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.