SunCoke Energy, Inc. (NYSE:SXC) Shares Sold by Gallacher Capital Management LLC

Gallacher Capital Management LLC decreased its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC) by 12.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,046 shares of the energy company’s stock after selling 1,491 shares during the quarter. Gallacher Capital Management LLC’s holdings in SunCoke Energy were worth $107,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Pacer Advisors Inc. purchased a new stake in SunCoke Energy in the fourth quarter valued at $27,164,000. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of SunCoke Energy in the 3rd quarter valued at about $5,470,000. Jane Street Group LLC boosted its position 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 valued at $5,773,000 after purchasing an additional 544,194 shares during the period. Weiss Asset Management LP purchased a new position in SunCoke Energy during the 3rd quarter worth approximately $1,926,000. Finally, JPMorgan Chase & Co. increased its position in SunCoke Energy by 28.9% during 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 period. Institutional investors and hedge funds own 90.45% of the company’s stock.

SunCoke Energy Price Performance

SXC stock opened at $9.38 on Monday. The business has a 50 day simple moving average of $9.67 and a 200-day simple moving average of $9.96. The company has a market capitalization of $790.80 million, a P/E ratio of 8.37 and a beta of 0.98. SunCoke Energy, Inc. has a twelve month low of $7.47 and a twelve 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 issued its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts anticipate that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 5.12%. The ex-dividend date was Friday, February 14th. SunCoke Energy’s dividend payout ratio is presently 42.86%.

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.