KBC Group NV boosted its position in SunCoke Energy Inc (NYSE:SXC) by 74.7% during the first quarter, Holdings Channel reports. The fund owned 200,010 shares of the energy company’s stock after buying an additional 85,532 shares during the period. KBC Group NV’s holdings in SunCoke Energy were worth $1,792,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Advisor Partners LLC raised its stake in SunCoke Energy by 3.1% in the first quarter. Advisor Partners LLC now owns 11,724 shares of the energy company’s stock worth $105,000 after buying an additional 356 shares during the last quarter. WFG Advisors LP raised its stake in SunCoke Energy by 1,606.7% in the fourth quarter. WFG Advisors LP now owns 11,998 shares of the energy company’s stock worth $785,000 after buying an additional 11,295 shares during the last quarter. Mason Street Advisors LLC raised its stake in SunCoke Energy by 6.9% in the first quarter. Mason Street Advisors LLC now owns 15,007 shares of the energy company’s stock worth $134,000 after buying an additional 975 shares during the last quarter. Boothbay Fund Management LLC purchased a new stake in SunCoke Energy during the fourth quarter worth $175,000. Finally, Allianz Asset Management AG purchased a new stake in SunCoke Energy during the fourth quarter worth $188,000. Hedge funds and other institutional investors own 86.04% of the company’s stock.

Institutional Ownership by Quarter for SunCoke Energy (NYSE:SXC)

Shares of SunCoke Energy Inc (NYSE:SXC) traded up 1.33% during trading on Thursday, reaching $9.14. 35,251 shares of the company’s stock traded hands. The company has a 50 day moving average price of $8.80 and a 200 day moving average price of $9.91. The stock has a market capitalization of $587.88 million, a PE ratio of 30.57 and a beta of 1.22. SunCoke Energy Inc has a 1-year low of $5.18 and a 1-year high of $13.14.

SunCoke Energy (NYSE:SXC) last posted its quarterly earnings data on Thursday, April 20th. The energy company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.12. SunCoke Energy had a return on equity of 3.51% and a net margin of 1.18%. The company had revenue of $309.70 million for the quarter, compared to the consensus estimate of $410.60 million. During the same period in the previous year, the business earned ($0.06) EPS. SunCoke Energy’s revenue for the quarter was down .5% compared to the same quarter last year. On average, equities analysts forecast that SunCoke Energy Inc will post ($0.01) EPS for the current fiscal year.

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Separately, Zacks Investment Research upgraded shares of SunCoke Energy from a “hold” rating to a “strong-buy” rating and set a $11.00 target price on the stock in a research note on Saturday, April 29th.

In other news, insider Gary P. Yeaw purchased 10,000 shares of the stock in a transaction dated Tuesday, May 9th. The stock was acquired at an average cost of $8.08 per share, for a total transaction of $80,800.00. Following the acquisition, the insider now owns 40,973 shares of the company’s stock, valued at $331,061.84. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Mangrove Partners Fund (Cayman sold 284,484 shares of the business’s stock in a transaction that occurred on Thursday, March 16th. The shares were sold at an average price of $10.11, for a total value of $2,876,133.24. The disclosure for this sale can be found here. 3.27% of the stock is owned by insiders.

SunCoke Energy Company Profile

SunCoke Energy, Inc is a producer of coke in the Americas. The Company’s segments include Domestic Coke, Brazil Coke, Coal Logistics, and Corporate and Other. The Domestic Coke segment consists of its Jewell Coke Company, L.P. (Jewell), Indiana Harbor Coke Company (Indiana Harbor), Haverhill Coke Company LLC (Haverhill), Gateway Energy and Coke Company, LLC (Granite City) and Middletown Coke Company, LLC (Middletown) cokemaking and heat recovery operations.

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