Acadian Asset Management LLC bought a new stake in SunCoke Energy Inc (NYSE:SXC) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 44,849 shares of the energy company’s stock, valued at approximately $538,000.

Several other hedge funds and other institutional investors have also modified their holdings of SXC. Alliancebernstein L.P. raised its position in shares of SunCoke Energy by 52.5% in the second quarter. Alliancebernstein L.P. now owns 114,971 shares of the energy company’s stock valued at $1,253,000 after buying an additional 39,598 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of SunCoke Energy by 34.7% in the second quarter. Ameriprise Financial Inc. now owns 622,114 shares of the energy company’s stock valued at $6,781,000 after purchasing an additional 160,329 shares during the period. Thrivent Financial For Lutherans grew its holdings in shares of SunCoke Energy by 7.5% in the second quarter. Thrivent Financial For Lutherans now owns 38,687 shares of the energy company’s stock valued at $422,000 after purchasing an additional 2,710 shares during the period. UBS Asset Management Americas Inc. grew its holdings in shares of SunCoke Energy by 1.0% in the second quarter. UBS Asset Management Americas Inc. now owns 24,492 shares of the energy company’s stock valued at $267,000 after purchasing an additional 233 shares during the period. Finally, Citigroup Inc. grew its holdings in shares of SunCoke Energy by 14.1% in the second quarter. Citigroup Inc. now owns 87,405 shares of the energy company’s stock valued at $952,000 after purchasing an additional 10,795 shares during the period. Institutional investors and hedge funds own 91.07% of the company’s stock.

Shares of SunCoke Energy Inc (SXC) opened at $9.75 on Friday. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.74 and a quick ratio of 1.04. SunCoke Energy Inc has a 1-year low of $7.66 and a 1-year high of $13.43. The stock has a market cap of $667.37, a PE ratio of 5.21 and a beta of 1.16.

SunCoke Energy (NYSE:SXC) last announced its quarterly earnings data on Wednesday, January 31st. The energy company reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.02). The firm had revenue of $359.60 million during the quarter, compared to analysts’ expectations of $353.60 million. SunCoke Energy had a net margin of 9.19% and a return on equity of 3.13%. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.26 EPS. research analysts expect that SunCoke Energy Inc will post 0.08 EPS for the current fiscal year.

A number of equities research analysts recently issued reports on the stock. Zacks Investment Research lowered shares of SunCoke Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 27th. B. Riley reissued a “buy” rating on shares of SunCoke Energy in a report on Wednesday, November 1st.

In other SunCoke Energy news, insider Phillip Michael Hardesty sold 4,444 shares of the stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $11.37, for a total transaction of $50,528.28. Following the completion of the transaction, the insider now owns 70,161 shares of the company’s stock, valued at $797,730.57. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 3.85% of the company’s stock.

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SunCoke Energy Profile

SunCoke Energy, Inc is a producer of coke in the Americas. The Company’s segments include Domestic Coke, Brazil Coke, Coal Logistics, and Corporate and Other. The Domestic Coke segment consists of its Jewell Coke Company, L.P. (Jewell), Indiana Harbor Coke Company (Indiana Harbor), Haverhill Coke Company LLC (Haverhill), Gateway Energy and Coke Company, LLC (Granite City) and Middletown Coke Company, LLC (Middletown) cokemaking and heat recovery operations.

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Institutional Ownership by Quarter for SunCoke Energy (NYSE:SXC)

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