EMC Capital Management Has $205,000 Stock Holdings in SunCoke Energy, Inc. (NYSE:SXC)

EMC Capital Management raised its stake in SunCoke Energy, Inc. (NYSE:SXC) by 430.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,186 shares of the energy company’s stock after buying an additional 15,566 shares during the period. EMC Capital Management’s holdings in SunCoke Energy were worth $205,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SXC. Pacer Advisors Inc. acquired a new stake in shares of SunCoke Energy during the 4th quarter valued at $27,164,000. Hotchkis & Wiley Capital Management LLC bought a new position in SunCoke Energy in the third quarter valued at about $5,470,000. Jane Street Group LLC boosted its stake in shares of SunCoke Energy by 450.3% during the third quarter. Jane Street Group LLC now owns 665,054 shares of the energy company’s stock valued at $5,773,000 after purchasing an additional 544,194 shares in the last quarter. Weiss Asset Management LP bought a new stake in shares of SunCoke Energy during the third quarter worth about $1,926,000. Finally, JPMorgan Chase & Co. increased its stake in shares of SunCoke Energy by 28.9% in the third quarter. JPMorgan Chase & Co. now owns 852,051 shares of the energy company’s stock valued at $7,396,000 after buying an additional 191,235 shares during the period. Institutional investors own 90.45% of the company’s stock.

Wall Street Analyst Weigh In

SXC has been the topic of a number of research reports. Benchmark reissued a “buy” rating and set a $13.00 target price on shares of SunCoke Energy in a report on Tuesday, November 5th. StockNews.com upgraded shares of SunCoke Energy from a “hold” rating to a “buy” rating in a report on Wednesday, October 16th.

SunCoke Energy Price Performance

SunCoke Energy stock opened at $9.63 on Friday. The stock’s 50 day moving average is $11.08 and its 200 day moving average is $10.03. SunCoke Energy, Inc. has a one year low of $7.47 and a one year high of $12.82. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.22 and a quick ratio of 1.27. The firm has a market cap of $809.37 million, a P/E ratio of 9.63 and a beta of 1.08.

SunCoke Energy (NYSE:SXC) last released its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.04. SunCoke Energy had a net margin of 4.37% and a return on equity of 12.95%. As a group, research analysts expect that SunCoke Energy, Inc. will post 1.14 EPS for the current year.

SunCoke Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 17th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 4.99%. SunCoke Energy’s dividend payout ratio (DPR) is presently 48.00%.

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.