630,240 Shares in SunCoke Energy, Inc. (NYSE:SXC) Acquired by Hotchkis & Wiley Capital Management LLC

Hotchkis & Wiley Capital Management LLC purchased a new position in shares of SunCoke Energy, Inc. (NYSE:SXC) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 630,240 shares of the energy company’s stock, valued at approximately $5,470,000. Hotchkis & Wiley Capital Management LLC owned about 0.75% of SunCoke Energy as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of SXC. nVerses Capital LLC lifted its stake in shares of SunCoke Energy by 488.9% during the 3rd quarter. nVerses Capital LLC now owns 5,300 shares of the energy company’s stock worth $46,000 after acquiring an additional 4,400 shares during the last quarter. Innealta Capital LLC bought a new stake in shares of SunCoke Energy during the 2nd quarter worth approximately $70,000. Optas LLC bought a new stake in shares of SunCoke Energy during the 3rd quarter worth approximately $88,000. Algert Global LLC bought a new stake in shares of SunCoke Energy during the 2nd quarter worth approximately $107,000. Finally, Retirement Investment Advisors Inc. bought a new stake in shares of SunCoke Energy during the 2nd quarter worth approximately $110,000. 90.45% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on SXC shares. StockNews.com raised SunCoke Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, October 16th. Benchmark reaffirmed a “buy” rating and set a $13.00 target price on shares of SunCoke Energy in a research report on Tuesday, November 5th.

SunCoke Energy Trading Down 0.2 %

Shares of NYSE SXC opened at $12.46 on Friday. The firm has a market cap of $1.05 billion, a PE ratio of 12.46 and a beta of 1.07. 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 business has a fifty day simple moving average of $10.45 and a two-hundred day simple moving average of $9.83.

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

SunCoke Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 14th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 3.85%. The ex-dividend date of this dividend was Thursday, November 14th. SunCoke Energy’s payout ratio is 48.00%.

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.