Russell Investments Group Ltd. purchased a new position in SunCoke Energy Inc (NYSE:SXC) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 322,194 shares of the company’s stock, valued at approximately $3,760,000. Russell Investments Group Ltd. owned approximately 0.50% of SunCoke Energy as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. Numeric Investors LLC bought a new position in shares of SunCoke Energy during the second quarter worth approximately $236,000. Wedge Capital Management L L P NC bought a new position in shares of SunCoke Energy during the second quarter worth approximately $149,000. Schwab Charles Investment Management Inc. boosted its position in shares of SunCoke Energy by 5.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 630,817 shares of the company’s stock worth $3,672,000 after buying an additional 31,646 shares during the period. Public Employees Retirement System of Ohio boosted its position in shares of SunCoke Energy by 23.5% in the second quarter. Public Employees Retirement System of Ohio now owns 17,992 shares of the company’s stock worth $105,000 after buying an additional 3,427 shares during the period. Finally, Eqis Capital Management Inc. boosted its position in shares of SunCoke Energy by 1.5% in the third quarter. Eqis Capital Management Inc. now owns 15,063 shares of the company’s stock worth $121,000 after buying an additional 224 shares during the period. 86.04% of the stock is currently owned by institutional investors and hedge funds.
SunCoke Energy Inc (NYSE:SXC) opened at 8.30 on Monday. The firm has a 50-day moving average price of $9.60 and a 200-day moving average price of $9.67. The stock has a market capitalization of $533.10 million, a PE ratio of 37.73 and a beta of 1.22. SunCoke Energy Inc has a 52 week low of $5.14 and a 52 week high of $13.14.
SunCoke Energy (NYSE:SXC) last issued its quarterly earnings results on Thursday, January 26th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by $0.04. The company earned $325.60 million during the quarter, compared to analysts’ expectations of $456.90 million. SunCoke Energy had a return on equity of 3.51% and a net margin of 1.18%. The business’s quarterly revenue was down 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.30 EPS. Equities research analysts predict that SunCoke Energy Inc will post ($0.01) EPS for the current fiscal year.
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Separately, Zacks Investment Research cut SunCoke Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 28th.
In related news, major shareholder Mangrove Partners Fund (Cayman sold 100,500 shares of the stock in a transaction dated Thursday, March 2nd. The stock was sold at an average price of $10.06, for a total transaction of $1,011,030.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 381,184 shares of company stock valued at $3,822,927 in the last quarter. 3.27% of the stock is currently owned by company insiders.
About SunCoke Energy
SunCoke Energy, Inc is an independent producer of coke in the Americas. The Company also provides coal handling and/or mixing services at its Coal Logistics terminals. The Company’s segments include Domestic Coke, Brazil Coke, India Coke, Coal Logistics, and Corporate and Other. The Domestic Coke segment consists of its Jewell, Indiana Harbor, Haverhill, Granite City and Middletown cokemaking and heat recovery operations located in Vansant, Virginia; East Chicago, Indiana; Franklin Furnace, Ohio; Granite City, Illinois, and Middletown, Ohio, respectively.
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