Prudential Financial Inc. Purchases 121,600 Shares of SunCoke Energy, Inc. (NYSE:SXC)

Prudential Financial Inc. lifted its holdings in SunCoke Energy, Inc. (NYSE:SXC) by 59.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 324,664 shares of the energy company’s stock after purchasing an additional 121,600 shares during the period. Prudential Financial Inc. owned about 0.39% of SunCoke Energy worth $3,474,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Navellier & Associates Inc. raised its position in SunCoke Energy by 11.3% in the fourth quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company’s stock worth $121,000 after acquiring an additional 1,152 shares during the period. Sanctuary Advisors LLC raised its holdings in SunCoke Energy by 3.6% in the 4th quarter. Sanctuary Advisors LLC now owns 46,022 shares of the energy company’s stock worth $492,000 after purchasing an additional 1,592 shares during the period. GAMMA Investing LLC lifted its position in 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 in the last quarter. KBC Group NV grew its holdings in SunCoke Energy by 61.1% during the fourth quarter. KBC Group NV now owns 6,082 shares of the energy company’s stock valued at $65,000 after purchasing an additional 2,307 shares during the period. Finally, Van ECK Associates Corp raised its stake in shares of SunCoke Energy by 3.7% in the fourth quarter. Van ECK Associates Corp now owns 83,393 shares of the energy company’s stock worth $892,000 after buying an additional 2,945 shares during the period. Hedge funds and other institutional investors own 90.45% of the company’s stock.

SunCoke Energy Trading Up 0.9 %

Shares of NYSE:SXC opened at $9.29 on Wednesday. The stock has a 50 day moving average of $9.43 and a 200 day moving average of $10.05. The company has a market cap of $783.21 million, a PE ratio of 8.29 and a beta of 0.98. SunCoke Energy, Inc. has a 12-month low of $7.47 and a 12-month high of $12.82. 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 (NYSE:SXC) last announced its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 earnings per share (EPS) for the quarter, topping 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%. As a group, equities research analysts expect that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Dividend Announcement

The firm also recently declared 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 of this dividend was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a yield of 5.17%. SunCoke Energy’s dividend payout ratio is presently 42.86%.

About SunCoke Energy

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.