SunCoke Energy, Inc. (SXC) Holdings Decreased by Aperio Group LLC
Aperio Group LLC lowered its holdings in SunCoke Energy, Inc. (NYSE:SXC) by 17.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,322 shares of the energy company’s stock after selling 4,920 shares during the period. Aperio Group LLC’s holdings in SunCoke Energy were worth $213,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of SunCoke Energy by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 4,936,265 shares of the energy company’s stock valued at $53,804,000 after acquiring an additional 82,674 shares in the last quarter. Boston Partners raised its holdings in shares of SunCoke Energy by 30.0% in the 2nd quarter. Boston Partners now owns 3,901,699 shares of the energy company’s stock valued at $42,528,000 after acquiring an additional 900,669 shares in the last quarter. State Street Corp raised its holdings in shares of SunCoke Energy by 16.9% in the 1st quarter. State Street Corp now owns 3,062,681 shares of the energy company’s stock valued at $27,445,000 after acquiring an additional 443,774 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of SunCoke Energy by 287.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 944,307 shares of the energy company’s stock valued at $10,293,000 after acquiring an additional 700,860 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its holdings in shares of SunCoke Energy by 11.3% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 802,052 shares of the energy company’s stock valued at $7,187,000 after acquiring an additional 81,492 shares in the last quarter. 90.90% of the stock is currently owned by hedge funds and other institutional investors.
Several analysts have weighed in on SXC shares. Zacks Investment Research raised SunCoke Energy from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. BidaskClub raised SunCoke Energy from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. B. Riley reaffirmed a “buy” rating on shares of SunCoke Energy in a report on Wednesday, November 1st. Finally, TheStreet cut SunCoke Energy from a “c-” rating to a “d+” rating in a report on Friday, August 4th.
Shares of SunCoke Energy, Inc. (SXC) traded up $0.20 during midday trading on Wednesday, hitting $11.25. The company had a trading volume of 507,300 shares, compared to its average volume of 692,334. The stock has a market cap of $733.66, a PE ratio of 29.23 and a beta of 1.30. The company has a current ratio of 1.58, a quick ratio of 1.04 and a debt-to-equity ratio of 1.69. SunCoke Energy, Inc. has a 52 week low of $7.66 and a 52 week high of $13.14.
SunCoke Energy (NYSE:SXC) last announced its quarterly earnings data on Thursday, October 26th. The energy company reported $0.18 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.08) by $0.26. The company had revenue of $339.00 million for the quarter, compared to analysts’ expectations of $344.40 million. SunCoke Energy had a return on equity of 4.60% and a net margin of 0.42%. SunCoke Energy’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same period last year, the firm posted $0.10 EPS. sell-side analysts anticipate that SunCoke Energy, Inc. will post -0.16 earnings per share for the current fiscal year.
In related news, Director James E. Sweetnam sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $8.76, for a total transaction of $175,200.00. Following the transaction, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $87,600. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director James E. Sweetnam sold 11,715 shares of the firm’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $9.09, for a total value of $106,489.35. Following the transaction, the director now directly owns 20,000 shares in the company, valued at $181,800. The disclosure for this sale can be found here. 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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