New York State Teachers Retirement System grew its stake in shares of SunCoke Energy Inc (NYSE:SXC) by 36.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 55,481 shares of the energy company’s stock after acquiring an additional 14,800 shares during the period. New York State Teachers Retirement System’s holdings in SunCoke Energy were worth $743,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Schwab Charles Investment Management Inc. boosted its position in shares of SunCoke Energy by 1.8% during the first quarter. Schwab Charles Investment Management Inc. now owns 803,176 shares of the energy company’s stock valued at $8,643,000 after buying an additional 14,166 shares during the last quarter. MetLife Investment Advisors LLC purchased a new stake in shares of SunCoke Energy during the fourth quarter valued at $390,000. Wells Fargo & Company MN boosted its position in shares of SunCoke Energy by 1.7% during the first quarter. Wells Fargo & Company MN now owns 503,417 shares of the energy company’s stock valued at $5,417,000 after buying an additional 8,221 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of SunCoke Energy during the first quarter valued at $175,000. Finally, Prudential Financial Inc. boosted its position in shares of SunCoke Energy by 38.0% during the first quarter. Prudential Financial Inc. now owns 707,609 shares of the energy company’s stock valued at $7,614,000 after buying an additional 194,882 shares during the last quarter. Hedge funds and other institutional investors own 91.14% of the company’s stock.

Several research analysts have issued reports on SXC shares. Zacks Investment Research cut SunCoke Energy from a “buy” rating to a “hold” rating in a research report on Thursday, May 3rd. B. Riley dropped their target price on SunCoke Energy from $15.00 to $14.00 and set a “buy” rating on the stock in a research report on Monday, April 30th. Finally, ValuEngine raised SunCoke Energy from a “sell” rating to a “hold” rating in a research report on Friday, April 27th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $14.00.

Shares of NYSE:SXC opened at $10.86 on Monday. The stock has a market capitalization of $725.60 million, a price-to-earnings ratio of 38.79 and a beta of 0.98. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.25 and a current ratio of 1.86. SunCoke Energy Inc has a 52-week low of $8.36 and a 52-week high of $14.32.

SunCoke Energy (NYSE:SXC) last announced its earnings results on Thursday, July 26th. The energy company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.04. The business had revenue of $367.00 million for the quarter, compared to analysts’ expectations of $313.95 million. SunCoke Energy had a return on equity of 5.36% and a net margin of 11.19%. The business’s revenue for the quarter was up 13.6% on a year-over-year basis. During the same period last year, the firm posted ($0.38) earnings per share. equities analysts anticipate that SunCoke Energy Inc will post 0.28 EPS for the current year.

About SunCoke Energy

SunCoke Energy, Inc operates as an independent producer of coke in the Americas. 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.

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

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