ClariVest Asset Management LLC Boosts Holdings in SunCoke Energy Inc (NYSE:SXC)

ClariVest Asset Management LLC raised its stake in SunCoke Energy Inc (NYSE:SXC) by 6.1% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 78,800 shares of the energy company’s stock after acquiring an additional 4,500 shares during the period. ClariVest Asset Management LLC’s holdings in SunCoke Energy were worth $669,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. BlackRock Inc. increased its holdings in shares of SunCoke Energy by 5.1% in the fourth quarter. BlackRock Inc. now owns 9,968,807 shares of the energy company’s stock valued at $85,233,000 after buying an additional 487,414 shares in the last quarter. Boston Partners grew its position in SunCoke Energy by 2.0% during the 1st quarter. Boston Partners now owns 4,856,229 shares of the energy company’s stock worth $41,229,000 after purchasing an additional 96,387 shares in the last quarter. Nuveen Asset Management LLC grew its position in SunCoke Energy by 3.7% during the 4th quarter. Nuveen Asset Management LLC now owns 3,000,806 shares of the energy company’s stock worth $25,657,000 after purchasing an additional 106,253 shares in the last quarter. Gendell Jeffrey L grew its position in SunCoke Energy by 6.2% during the 4th quarter. Gendell Jeffrey L now owns 936,853 shares of the energy company’s stock worth $8,010,000 after purchasing an additional 54,912 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in SunCoke Energy by 1.6% during the 4th quarter. Bank of New York Mellon Corp now owns 834,899 shares of the energy company’s stock worth $7,138,000 after purchasing an additional 13,226 shares in the last quarter. 93.38% of the stock is currently owned by institutional investors.

NYSE SXC opened at $7.61 on Friday. SunCoke Energy Inc has a twelve month low of $7.29 and a twelve month high of $14.32. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.08 and a current ratio of 1.78. The company has a market cap of $495.42 million, a price-to-earnings ratio of 18.12 and a beta of 1.12.

SunCoke Energy (NYSE:SXC) last posted its quarterly earnings data on Wednesday, April 24th. The energy company reported $0.15 earnings per share for the quarter, hitting the consensus estimate of $0.15. SunCoke Energy had a net margin of 1.83% and a return on equity of 4.01%. The firm had revenue of $391.30 million for the quarter, compared to analysts’ expectations of $357.85 million. During the same period in the previous year, the company posted $0.13 EPS. The company’s quarterly revenue was up 11.6% compared to the same quarter last year. As a group, equities analysts expect that SunCoke Energy Inc will post 0.62 earnings per share for the current year.

SXC has been the topic of several research analyst reports. ValuEngine cut shares of SunCoke Energy from a “hold” rating to a “sell” rating in a research report on Friday, March 1st. Zacks Investment Research cut shares of SunCoke Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 1st.

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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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