Proficio Capital Partners LLC Purchases New Shares in SunCoke Energy, Inc. (NYSE:SXC)

Proficio Capital Partners LLC acquired a new position in SunCoke Energy, Inc. (NYSE:SXC) in the fourth quarter, Holdings Channel reports. The fund acquired 43,827 shares of the energy company’s stock, valued at approximately $469,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC increased its position in shares of SunCoke Energy by 257.0% during the third quarter. Barclays PLC now owns 202,890 shares of the energy company’s stock valued at $1,763,000 after acquiring an additional 146,065 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of SunCoke Energy by 450.3% in the 3rd quarter. Jane Street Group LLC now owns 665,054 shares of the energy company’s stock worth $5,773,000 after buying an additional 544,194 shares during the last quarter. Dynamic Technology Lab Private Ltd grew its position in SunCoke Energy by 182.4% during the third quarter. Dynamic Technology Lab Private Ltd now owns 127,344 shares of the energy company’s stock valued at $1,105,000 after buying an additional 82,244 shares during the period. JPMorgan Chase & Co. increased its holdings in SunCoke Energy by 28.9% during the third quarter. JPMorgan Chase & Co. now owns 852,051 shares of the energy company’s stock worth $7,396,000 after buying an additional 191,235 shares during the last quarter. Finally, FMR LLC raised its position in SunCoke Energy by 27.5% in the third quarter. FMR LLC now owns 327,724 shares of the energy company’s stock worth $2,845,000 after acquiring an additional 70,786 shares during the period. Hedge funds and other institutional investors own 90.45% of the company’s stock.

SunCoke Energy Stock Up 2.7 %

SXC opened at $9.36 on Tuesday. The company’s 50-day moving average price is $9.55 and its two-hundred day moving average price is $9.99. 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, Inc. has a twelve month low of $7.47 and a twelve month high of $12.82. The stock has a market cap of $789.11 million, a price-to-earnings ratio of 8.35 and a beta of 0.98.

SunCoke Energy (NYSE:SXC) last released its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 EPS for the quarter, beating 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%. As a group, equities analysts expect that SunCoke Energy, Inc. will post 0.71 earnings per share 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. This represents a $0.48 dividend on an annualized basis and a yield of 5.13%. The ex-dividend date of this dividend was Friday, February 14th. SunCoke Energy’s payout ratio is presently 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.