KBC Group NV Buys 2,307 Shares of SunCoke Energy, Inc. (NYSE:SXC)

KBC Group NV increased its stake in shares of SunCoke Energy, Inc. (NYSE:SXC) by 61.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,082 shares of the energy company’s stock after purchasing an additional 2,307 shares during the period. KBC Group NV’s holdings in SunCoke Energy were worth $65,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SXC. GSA Capital Partners LLP lifted its holdings in SunCoke Energy by 112.5% in the third quarter. GSA Capital Partners LLP now owns 176,855 shares of the energy company’s stock valued at $1,535,000 after acquiring an additional 93,644 shares during the period. Barclays PLC increased its position in shares of SunCoke Energy by 257.0% during 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 during the last quarter. Jane Street Group LLC lifted its stake 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 purchasing an additional 544,194 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of SunCoke Energy by 28.9% in 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, 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. 90.45% of the stock is currently owned by hedge funds and other institutional investors.

SunCoke Energy Stock Up 3.0 %

NYSE SXC opened at $9.79 on Tuesday. SunCoke Energy, Inc. has a 52 week low of $7.47 and a 52 week high of $12.82. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $822.84 million, a P/E ratio of 8.74 and a beta of 1.06. The stock’s 50-day moving average price is $10.67 and its 200-day moving average price is $9.96.

SunCoke Energy (NYSE:SXC) last released its earnings results on Thursday, January 30th. The energy company reported $0.28 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%. On average, equities research analysts predict that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 17th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.91%. The ex-dividend date of this dividend is Friday, February 14th. SunCoke Energy’s dividend payout ratio (DPR) is 42.86%.

Analyst Upgrades and Downgrades

A number of analysts have commented on SXC shares. Benchmark reiterated a “buy” rating and issued a $13.00 price target on shares of SunCoke Energy in a research report on Tuesday, November 5th. StockNews.com upgraded SunCoke Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, October 16th.

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.