Strs Ohio Has $688,000 Holdings in SunCoke Energy, Inc. (NYSE:SXC)

Strs Ohio cut its holdings in SunCoke Energy, Inc. (NYSE:SXC) by 10.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 64,100 shares of the energy company’s stock after selling 7,300 shares during the period. Strs Ohio owned approximately 0.08% of SunCoke Energy worth $688,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Swiss National Bank grew its stake in shares of SunCoke Energy by 0.9% in the third quarter. Swiss National Bank now owns 184,050 shares of the energy company’s stock valued at $1,868,000 after acquiring an additional 1,700 shares in the last quarter. Paulson Wealth Management Inc. lifted its position in SunCoke Energy by 17.8% during the third quarter. Paulson Wealth Management Inc. now owns 14,387 shares of the energy company’s stock worth $146,000 after purchasing an additional 2,172 shares during the period. Catalyst Capital Advisors LLC bought a new stake in SunCoke Energy during the third quarter worth about $30,000. Millburn Ridgefield Corp bought a new stake in SunCoke Energy during the third quarter worth about $30,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in SunCoke Energy by 10.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 37,622 shares of the energy company’s stock worth $404,000 after purchasing an additional 3,413 shares during the period. 90.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at SunCoke Energy

In other news, CEO Michael G. Rippey sold 122,533 shares of the stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $11.11, for a total value of $1,361,341.63. Following the completion of the transaction, the chief executive officer now owns 521,073 shares of the company’s stock, valued at $5,789,121.03. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Michael G. Rippey sold 78,714 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $11.06, for a total value of $870,576.84. Following the completion of the transaction, the chief executive officer now owns 342,359 shares of the company’s stock, valued at $3,786,490.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Michael G. Rippey sold 122,533 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $11.11, for a total value of $1,361,341.63. Following the completion of the transaction, the chief executive officer now directly owns 521,073 shares of the company’s stock, valued at approximately $5,789,121.03. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 251,572 shares of company stock valued at $2,781,834. 1.73% of the stock is currently owned by insiders.

SunCoke Energy Trading Up 0.9 %

SXC opened at $10.47 on Friday. SunCoke Energy, Inc. has a twelve month low of $6.71 and a twelve month high of $11.48. The company has a 50-day simple moving average of $10.90 and a 200 day simple moving average of $10.28. The company has a quick ratio of 1.05, a current ratio of 1.86 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $880.21 million, a price-to-earnings ratio of 15.63 and a beta of 1.17.

SunCoke Energy (NYSE:SXC) last posted its earnings results on Thursday, February 1st. The energy company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.03. The firm had revenue of $520.60 million during the quarter, compared to analysts’ expectations of $406.40 million. SunCoke Energy had a net margin of 2.79% and a return on equity of 8.99%. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.14 earnings per share. Analysts predict that SunCoke Energy, Inc. will post 0.86 EPS for the current fiscal year.

SunCoke Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were issued a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.82%. SunCoke Energy’s dividend payout ratio (DPR) is currently 59.70%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of SunCoke Energy from a “buy” rating to a “strong-buy” rating in a research report on Monday, February 5th.

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.