GAMMA Investing LLC Has $44,000 Stock Holdings in SunCoke Energy, Inc. (NYSE:SXC)

GAMMA Investing LLC grew its position in SunCoke Energy, Inc. (NYSE:SXC) by 71.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,156 shares of the energy company’s stock after purchasing an additional 1,730 shares during the period. GAMMA Investing LLC’s holdings in SunCoke Energy were worth $44,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in shares of SunCoke Energy by 28.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 852,051 shares of the energy company’s stock valued at $7,396,000 after purchasing an additional 191,235 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in shares of SunCoke Energy by 11.7% in the 3rd quarter. Sanctuary Advisors LLC now owns 44,430 shares of the energy company’s stock valued at $386,000 after purchasing an additional 4,649 shares in the last quarter. Barclays PLC boosted its stake in shares of SunCoke Energy by 257.0% in the 3rd quarter. Barclays PLC now owns 202,890 shares of the energy company’s stock valued at $1,763,000 after purchasing an additional 146,065 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of SunCoke Energy by 2.1% in the 3rd quarter. Geode Capital Management LLC now owns 1,984,605 shares of the energy company’s stock valued at $17,230,000 after purchasing an additional 40,801 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd boosted its stake in shares of SunCoke Energy by 90.3% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 64,867 shares of the energy company’s stock valued at $563,000 after purchasing an additional 30,785 shares in the last quarter. Institutional investors and hedge funds own 90.45% of the company’s stock.

Wall Street Analyst Weigh In

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

SunCoke Energy Stock Up 1.9 %

Shares of NYSE SXC opened at $10.17 on Tuesday. The firm’s 50-day simple moving average is $11.66 and its 200 day simple moving average is $10.02. The company has a market cap of $855.22 million, a price-to-earnings ratio of 10.17 and a beta of 1.08. 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 12-month low of $7.47 and a 12-month high of $12.82.

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

SunCoke Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 14th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.48 annualized dividend and a yield of 4.72%. SunCoke Energy’s dividend payout ratio is currently 48.00%.

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.