SunCoke Energy, Inc. (NYSE:SXC) Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. increased its stake in SunCoke Energy, Inc. (NYSE:SXC) by 1.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,468 shares of the energy company’s stock after purchasing an additional 2,054 shares during the period. Victory Capital Management Inc.’s holdings in SunCoke Energy were worth $950,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in SunCoke Energy by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 6,843,301 shares of the energy company’s stock worth $77,124,000 after purchasing an additional 77,649 shares in the last quarter. Pacer Advisors Inc. boosted its stake in SunCoke Energy by 3.1% in the 2nd quarter. Pacer Advisors Inc. now owns 4,708,272 shares of the energy company’s stock worth $46,141,000 after purchasing an additional 139,971 shares in the last quarter. American Century Companies Inc. boosted its stake in SunCoke Energy by 13.2% in the 2nd quarter. American Century Companies Inc. now owns 2,512,292 shares of the energy company’s stock worth $24,620,000 after purchasing an additional 292,050 shares in the last quarter. Federated Hermes Inc. boosted its stake in SunCoke Energy by 0.3% in the 2nd quarter. Federated Hermes Inc. now owns 820,731 shares of the energy company’s stock worth $8,043,000 after purchasing an additional 2,335 shares in the last quarter. Finally, Public Sector Pension Investment Board boosted its stake in SunCoke Energy by 6.4% in the 2nd quarter. Public Sector Pension Investment Board now owns 184,991 shares of the energy company’s stock worth $1,813,000 after purchasing an additional 11,184 shares in the last quarter. 90.45% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Stock Performance

Shares of NYSE SXC opened at $12.48 on Thursday. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. SunCoke Energy, Inc. has a 12 month low of $7.47 and a 12 month high of $12.82. The company has a 50 day simple moving average of $9.85 and a two-hundred day simple moving average of $9.72. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 12.43 and a beta of 1.02.

SunCoke Energy (NYSE:SXC) last posted its earnings results on Thursday, October 31st. The energy company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.14. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%. The firm had revenue of $490.10 million during the quarter, compared to analysts’ expectations of $412.70 million. During the same period in the previous year, the business posted $0.08 EPS. The business’s revenue was down 5.8% compared to the same quarter last year. As a group, analysts predict that SunCoke Energy, Inc. will post 1.14 earnings per share for the current year.

SunCoke Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 14th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 3.85%. The ex-dividend date is Thursday, November 14th. SunCoke Energy’s dividend payout ratio is currently 48.00%.

Analyst Upgrades and Downgrades

SXC has been the subject of several research reports. StockNews.com upgraded shares of SunCoke Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, October 16th. Benchmark restated a “buy” rating and set a $13.00 price objective on shares of SunCoke Energy in a research note on Tuesday, November 5th.

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.