The Manufacturers Life Insurance Company increased its position in SunCoke Energy, Inc. (NYSE:SXC) by 1.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,357 shares of the energy company’s stock after acquiring an additional 615 shares during the quarter. The Manufacturers Life Insurance Company owned about 0.08% of SunCoke Energy worth $549,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SXC. Vanguard Group Inc. increased its holdings in SunCoke Energy by 25.9% in the 1st quarter. Vanguard Group Inc. now owns 4,853,591 shares of the energy company’s stock worth $43,488,000 after acquiring an additional 999,209 shares in the last quarter. Boston Partners boosted its stake in SunCoke Energy by 30.0% in the 2nd quarter. Boston Partners now owns 3,901,699 shares of the energy company’s stock worth $42,528,000 after purchasing an additional 900,669 shares during the period. JPMorgan Chase & Co. boosted its stake in SunCoke Energy by 287.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 944,307 shares of the energy company’s stock worth $10,293,000 after purchasing an additional 700,860 shares during the period. State Street Corp boosted its stake in SunCoke Energy by 16.9% in the 1st quarter. State Street Corp now owns 3,062,681 shares of the energy company’s stock worth $27,445,000 after purchasing an additional 443,774 shares during the period. Finally, Prudential Financial Inc. boosted its stake in SunCoke Energy by 181.4% in the 2nd quarter. Prudential Financial Inc. now owns 420,550 shares of the energy company’s stock worth $4,584,000 after purchasing an additional 271,100 shares during the period. 90.20% of the stock is owned by institutional investors.

In other news, Director James E. Sweetnam sold 20,000 shares of the stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $8.76, for a total transaction of $175,200.00. Following the completion of the transaction, the director now directly owns 10,000 shares in the company, valued at approximately $87,600. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James E. Sweetnam sold 11,715 shares of the stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $9.09, for a total value of $106,489.35. Following the transaction, the director now owns 20,000 shares of the company’s stock, valued at $181,800. The disclosure for this sale can be found here. 3.85% of the stock is currently owned by corporate insiders.

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SXC has been the subject of several recent analyst reports. Zacks Investment Research upgraded SunCoke Energy from a “hold” rating to a “strong-buy” rating and set a $13.00 price target for the company in a research note on Wednesday, November 1st. TheStreet downgraded SunCoke Energy from a “c-” rating to a “d+” rating in a research note on Friday, August 4th. BidaskClub downgraded SunCoke Energy from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Finally, B. Riley restated a “buy” rating on shares of SunCoke Energy in a research note on Wednesday, November 1st.

SunCoke Energy, Inc. (NYSE:SXC) opened at $11.26 on Thursday. SunCoke Energy, Inc. has a 52 week low of $7.66 and a 52 week high of $13.14. The company has a quick ratio of 1.04, a current ratio of 1.58 and a debt-to-equity ratio of 1.69. The firm has a market capitalization of $719.50, a P/E ratio of 28.67 and a beta of 1.30.

SunCoke Energy (NYSE:SXC) last posted its quarterly earnings results on Thursday, October 26th. The energy company reported $0.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.26. The business had revenue of $339.00 million during the quarter, compared to the consensus estimate of $344.40 million. SunCoke Energy had a return on equity of 4.60% and a net margin of 0.42%. The firm’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.10 EPS. equities analysts anticipate that SunCoke Energy, Inc. will post -0.16 earnings per share for the current fiscal year.

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.

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

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