SunCoke Energy, Inc. (SXC) Position Reduced by Boston Partners

Boston Partners cut its stake in SunCoke Energy, Inc. (NYSE:SXC) by 8.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,575,188 shares of the energy company’s stock after selling 326,511 shares during the period. Boston Partners owned 5.56% of SunCoke Energy worth $32,677,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its stake in SunCoke Energy by 8.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,449,617 shares of the energy company’s stock worth $48,829,000 after purchasing an additional 437,458 shares in the last quarter. Vanguard Group Inc. boosted its stake in SunCoke Energy by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 4,936,265 shares of the energy company’s stock worth $53,804,000 after purchasing an additional 82,674 shares in the last quarter. State Street Corp boosted its stake in SunCoke Energy by 16.9% in the 1st quarter. State Street Corp now owns 3,062,681 shares of the energy company’s stock worth $27,445,000 after purchasing an additional 443,774 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in SunCoke Energy by 287.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 944,307 shares of the energy company’s stock worth $10,293,000 after purchasing an additional 700,860 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its stake in 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 worth $7,187,000 after purchasing an additional 81,492 shares in the last quarter. Institutional investors own 89.28% of the company’s stock.

A number of analysts recently commented on SXC shares. B. Riley reiterated a “buy” rating on shares of SunCoke Energy in a research note on Wednesday, November 1st. Zacks Investment Research upgraded shares of SunCoke Energy from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research note on Wednesday, July 19th. TheStreet cut shares of SunCoke Energy from a “c-” rating to a “d+” rating in a research note on Friday, August 4th. Finally, BidaskClub cut shares of SunCoke Energy from a “hold” rating to a “sell” rating in a research note on Friday, July 28th.

In other SunCoke Energy news, Director James E. Sweetnam sold 11,715 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $9.09, for a total transaction of $106,489.35. Following the completion of the transaction, the director now directly owns 20,000 shares of the company’s stock, valued at approximately $181,800. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director James E. Sweetnam sold 20,000 shares of the firm’s stock in a transaction that occurred on 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 $87,600. 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, Inc. (SXC) opened at $10.73 on Monday. SunCoke Energy, Inc. has a 1 year low of $7.66 and a 1 year high of $13.14. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.04 and a current ratio of 1.58. The stock has a market cap of $690.54, a P/E ratio of 27.51 and a beta of 1.30.

SunCoke Energy (NYSE:SXC) last posted its quarterly earnings results on Thursday, October 26th. The energy company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.26. SunCoke Energy had a net margin of 0.42% and a return on equity of 4.60%. The company had revenue of $339.00 million during the quarter, compared to analyst estimates of $344.40 million. During the same period last year, the firm posted $0.10 EPS. SunCoke Energy’s revenue for the quarter was up 15.3% compared to the same quarter last year. equities analysts predict that SunCoke Energy, Inc. will post -0.16 earnings per share for the current fiscal year.

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.

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

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