American Century Companies Inc. lifted its holdings in shares of SunCoke Energy, Inc. (NYSE:SXC) by 25.8% during the third quarter, Holdings Channel.com reports. The firm owned 315,129 shares of the energy company’s stock after acquiring an additional 64,690 shares during the quarter. American Century Companies Inc.’s holdings in SunCoke Energy were worth $1,979,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of SXC. Royal Bank of Canada lifted its holdings in shares of SunCoke Energy by 40.6% during the second quarter. Royal Bank of Canada now owns 11,199 shares of the energy company’s stock worth $80,000 after purchasing an additional 3,235 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of SunCoke Energy during the third quarter worth $85,000. Mackenzie Financial Corp acquired a new position in shares of SunCoke Energy during the second quarter worth $91,000. State of Wisconsin Investment Board acquired a new position in SunCoke Energy in the second quarter valued at $108,000. Finally, One Wealth Advisors LLC acquired a new position in SunCoke Energy in the second quarter valued at $126,000. Institutional investors own 80.68% of the company’s stock.
SXC opened at $6.92 on Wednesday. SunCoke Energy, Inc. has a 1-year low of $5.26 and a 1-year high of $8.15. The company has a current ratio of 1.37, a quick ratio of 0.66 and a debt-to-equity ratio of 1.14. The company has a market capitalization of $574.92 million, a P/E ratio of 23.07 and a beta of 1.26. The firm has a fifty day moving average of $6.73.
SunCoke Energy (NYSE:SXC) last posted its quarterly earnings results on Tuesday, February 1st. The energy company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.07). SunCoke Energy had a net margin of 1.83% and a return on equity of 9.16%. During the same quarter in the prior year, the company earned ($0.08) earnings per share. As a group, analysts forecast that SunCoke Energy, Inc. will post 0.9 earnings per share for the current fiscal year.
Several equities analysts recently issued reports on SXC shares. Zacks Investment Research lowered shares of SunCoke Energy from a “buy” rating to a “hold” rating in a report on Friday, January 7th. B. Riley restated a “buy” rating on shares of SunCoke Energy in a report on Tuesday, November 2nd. Finally, TheStreet upgraded shares of SunCoke Energy from a “c” rating to a “b-” rating in a report on Monday, November 1st.
SunCoke Energy Company Profile
SunCoke Energy, Inc is engaged in the production of coke through heating metallurgical coal in a refractory oven. It operates through the following segments: Domestic Coke, Brazil Coke, and Logistics. The Domestic Coke segment consists of Jewell facility located in Vansant, Virginia; Indiana Harbor facility located in East Chicago, Indiana; Haverhill facility located in Franklin Furnace, Ohio; Granite City facility located in Granite City, Illinois; and Middletown facility located in Middletown, Ohio.
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