Olympiad Research LP Has $156,000 Stock Holdings in SunCoke Energy, Inc. (NYSE:SXC)

Olympiad Research LP decreased its position in shares of SunCoke Energy, Inc. (NYSE:SXC) by 67.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,585 shares of the energy company’s stock after selling 30,733 shares during the quarter. Olympiad Research LP’s holdings in SunCoke Energy were worth $156,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SXC. Semanteon Capital Management LP acquired a new stake in SunCoke Energy in the third quarter worth $802,000. Optas LLC acquired a new stake in SunCoke Energy during the 3rd quarter worth $88,000. CWA Asset Management Group LLC bought a new position in SunCoke Energy during the third quarter worth about $497,000. Entropy Technologies LP bought a new position in SunCoke Energy during the third quarter worth about $178,000. Finally, GSA Capital Partners LLP grew its stake in SunCoke Energy by 112.5% in the third quarter. GSA Capital Partners LLP now owns 176,855 shares of the energy company’s stock valued at $1,535,000 after acquiring an additional 93,644 shares during the period. Institutional investors and hedge funds own 90.45% of the company’s stock.

SunCoke Energy Stock Performance

Shares of SXC opened at $9.19 on Monday. The firm has a market cap of $772.39 million, a P/E ratio of 8.20 and a beta of 1.06. SunCoke Energy, Inc. has a twelve month low of $7.47 and a twelve month high of $12.82. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.27 and a current ratio of 2.22. The firm’s 50 day moving average price is $10.20 and its two-hundred day moving average price is $9.92.

SunCoke Energy (NYSE:SXC) last posted its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.24 by $0.04. SunCoke Energy had a net margin of 4.95% and a return on equity of 14.31%. On average, analysts forecast that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.

SunCoke Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 17th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.48 annualized dividend and a dividend yield of 5.23%. SunCoke Energy’s dividend payout ratio is currently 42.86%.

Analysts Set New Price Targets

Separately, Benchmark reaffirmed a “buy” rating and set a $13.00 price target on shares of SunCoke Energy in a research report on Tuesday, November 5th.

SunCoke Energy 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.