Fox Run Management L.L.C. purchased a new position in SunCoke Energy Inc (NYSE:SXC) in the 3rd quarter, Holdings Channel reports. The fund purchased 33,715 shares of the energy company’s stock, valued at approximately $392,000.

Other large investors have also bought and sold shares of the company. Bank of New York Mellon Corp grew its stake in shares of SunCoke Energy by 3.8% in the second quarter. Bank of New York Mellon Corp now owns 794,747 shares of the energy company’s stock worth $10,650,000 after acquiring an additional 28,746 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in shares of SunCoke Energy by 1.8% in the first quarter. Schwab Charles Investment Management Inc. now owns 803,176 shares of the energy company’s stock worth $8,643,000 after acquiring an additional 14,166 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of SunCoke Energy in the second quarter worth $183,000. BlackRock Inc. grew its stake in shares of SunCoke Energy by 8.3% in the second quarter. BlackRock Inc. now owns 9,215,417 shares of the energy company’s stock worth $123,487,000 after acquiring an additional 706,312 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of SunCoke Energy by 7.4% in the second quarter. Wells Fargo & Company MN now owns 540,611 shares of the energy company’s stock worth $7,244,000 after acquiring an additional 37,194 shares in the last quarter. Institutional investors and hedge funds own 89.18% of the company’s stock.

Separately, Zacks Investment Research upgraded shares of SunCoke Energy from a “hold” rating to a “strong-buy” rating and set a $15.00 price target for the company in a research note on Thursday, June 28th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $14.00.

SunCoke Energy stock opened at $11.21 on Thursday. The firm has a market cap of $752.14 million, a PE ratio of 40.04 and a beta of 0.95. SunCoke Energy Inc has a 12-month low of $9.08 and a 12-month high of $14.32. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.86 and a quick ratio of 1.25.

SunCoke Energy (NYSE:SXC) last released its quarterly earnings data on Thursday, July 26th. The energy company reported $0.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.04. The business had revenue of $367.00 million during the quarter, compared to analysts’ expectations of $313.95 million. SunCoke Energy had a net margin of 11.19% and a return on equity of 5.36%. The company’s revenue for the quarter was up 13.6% on a year-over-year basis. During the same period in the previous year, the company earned ($0.38) EPS. As a group, sell-side analysts forecast that SunCoke Energy Inc will post 0.28 earnings per share for the current year.

About SunCoke Energy

SunCoke Energy, Inc operates as an independent producer of coke in the Americas. 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.

Further Reading: Short Selling

Want to see what other hedge funds are holding SXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SunCoke Energy Inc (NYSE:SXC).

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

Receive News & Ratings for SunCoke Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SunCoke Energy and related companies with MarketBeat.com's FREE daily email newsletter.