American Century Companies Inc. Grows Position in SunCoke Energy, Inc. (NYSE:SXC)

American Century Companies Inc. grew its stake in SunCoke Energy, Inc. (NYSE:SXC) by 11.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,082,691 shares of the energy company’s stock after buying an additional 306,356 shares during the period. American Century Companies Inc. owned 3.67% of SunCoke Energy worth $32,985,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC raised its stake in SunCoke Energy by 257.0% in the 3rd quarter. Barclays PLC now owns 202,890 shares of the energy company’s stock worth $1,763,000 after acquiring an additional 146,065 shares during the last quarter. Jane Street Group LLC raised its stake in shares of SunCoke Energy by 450.3% in the third quarter. Jane Street Group LLC now owns 665,054 shares of the energy company’s stock worth $5,773,000 after purchasing an additional 544,194 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of SunCoke Energy during the fourth quarter worth about $469,000. JPMorgan Chase & Co. boosted its position in 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 last quarter. Finally, FMR LLC increased its holdings in SunCoke Energy by 27.5% in the 3rd quarter. FMR LLC now owns 327,724 shares of the energy company’s stock worth $2,845,000 after buying an additional 70,786 shares during the period. 90.45% of the stock is currently owned by institutional investors and hedge funds.

SunCoke Energy Stock Performance

Shares of NYSE SXC opened at $9.12 on Friday. The company has a 50 day simple moving average of $9.48 and a two-hundred day simple moving average of $9.99. The stock has a market cap of $768.87 million, a price-to-earnings ratio of 8.14 and a beta of 0.98. 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, Inc. has a 12 month low of $7.47 and a 12 month high of $12.82.

SunCoke Energy (NYSE:SXC) last posted its 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%. As a group, analysts predict that SunCoke Energy, Inc. will post 0.71 earnings per share for the current year.

SunCoke Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 5.27%. The ex-dividend date was Friday, February 14th. SunCoke Energy’s dividend payout ratio (DPR) is 42.86%.

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.