CANADA LIFE ASSURANCE Co Sells 1,096 Shares of SunCoke Energy, Inc. (NYSE:SXC)

CANADA LIFE ASSURANCE Co trimmed its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC) by 1.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 90,806 shares of the energy company’s stock after selling 1,096 shares during the period. CANADA LIFE ASSURANCE Co owned approximately 0.11% of SunCoke Energy worth $971,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of SXC. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of SunCoke Energy by 835.6% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,630 shares of the energy company’s stock worth $38,000 after purchasing an additional 3,242 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of SunCoke Energy by 71.3% in the 4th quarter. GAMMA Investing LLC now owns 4,156 shares of the energy company’s stock worth $44,000 after purchasing an additional 1,730 shares in the last quarter. KBC Group NV lifted its holdings in shares of SunCoke Energy by 61.1% in the 4th quarter. KBC Group NV now owns 6,082 shares of the energy company’s stock worth $65,000 after purchasing an additional 2,307 shares in the last quarter. Tocqueville Asset Management L.P. bought a new position in shares of SunCoke Energy in the 4th quarter worth $118,000. Finally, Navellier & Associates Inc. lifted its holdings in shares of SunCoke Energy by 11.3% in the 4th quarter. Navellier & Associates Inc. now owns 11,323 shares of the energy company’s stock worth $121,000 after purchasing an additional 1,152 shares in the last quarter. 90.45% of the stock is currently owned by institutional investors.

SunCoke Energy Price Performance

Shares of NYSE:SXC opened at $9.70 on Tuesday. The company has a current ratio of 2.22, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. The stock has a market cap of $821.07 million, a PE ratio of 8.66 and a beta of 0.90. The stock’s fifty day simple moving average is $9.12 and its two-hundred day simple moving average is $10.13. SunCoke Energy, Inc. has a 1-year low of $7.47 and a 1-year high of $12.82.

SunCoke Energy (NYSE:SXC) last released its quarterly earnings results on Thursday, January 30th. The energy company reported $0.28 earnings per share for the quarter, topping 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%. As a group, analysts forecast that SunCoke Energy, Inc. will post 0.71 EPS for the current fiscal year.

SunCoke Energy Dividend Announcement

The company also recently declared 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 4.95%. The ex-dividend date was Friday, February 14th. SunCoke Energy’s dividend payout ratio (DPR) is presently 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.