SunCoke Energy, Inc. (NYSE:SXC) Shares Sold by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. reduced its position in shares of SunCoke Energy, Inc. (NYSE:SXC) by 7.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 289,292 shares of the energy company’s stock after selling 23,663 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned 0.34% of SunCoke Energy worth $3,095,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of SXC. State Street Corp increased its holdings in shares of SunCoke Energy by 3.5% during the 3rd quarter. State Street Corp now owns 4,848,334 shares of the energy company’s stock worth $42,084,000 after buying an additional 163,839 shares during the last quarter. Pacer Advisors Inc. acquired a new stake in SunCoke Energy during the fourth quarter worth $27,164,000. Geode Capital Management LLC increased its stake in SunCoke Energy by 2.1% during the third quarter. Geode Capital Management LLC now owns 1,984,605 shares of the energy company’s stock worth $17,230,000 after acquiring an additional 40,801 shares during the last quarter. Bank of New York Mellon Corp raised its position in SunCoke Energy by 4.5% in the fourth quarter. Bank of New York Mellon Corp now owns 1,030,196 shares of the energy company’s stock valued at $11,023,000 after purchasing an additional 44,009 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of SunCoke Energy by 28.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 852,051 shares of the energy company’s stock valued at $7,396,000 after purchasing an additional 191,235 shares during the last quarter. 90.45% of the stock is owned by hedge funds and other institutional investors.

SunCoke Energy Stock Down 3.5 %

Shares of NYSE:SXC opened at $9.05 on Tuesday. The company has a market capitalization of $762.96 million, a price-to-earnings ratio of 8.08 and a beta of 0.98. SunCoke Energy, Inc. has a 12-month low of $7.47 and a 12-month high of $12.82. The business has a 50-day moving average price of $9.64 and a 200 day moving average price of $9.96. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71.

SunCoke Energy (NYSE:SXC) last released its quarterly earnings results on Thursday, January 30th. The energy company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. Sell-side analysts expect that SunCoke Energy, Inc. will post 0.71 EPS for the current year.

SunCoke Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.48 annualized dividend and a dividend yield of 5.31%. SunCoke Energy’s dividend payout ratio is currently 42.86%.

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.