Teachers Advisors LLC Reduces Stake in SunCoke Energy, Inc. (SXC)

Teachers Advisors LLC lowered its stake in SunCoke Energy, Inc. (NYSE:SXC) by 3.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 116,069 shares of the energy company’s stock after selling 3,696 shares during the quarter. Teachers Advisors LLC owned approximately 0.18% of SunCoke Energy worth $1,265,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of SXC. Bank of New York Mellon Corp lifted its holdings in shares of SunCoke Energy by 2.9% in the first quarter. Bank of New York Mellon Corp now owns 839,705 shares of the energy company’s stock worth $7,525,000 after acquiring an additional 24,046 shares during the last quarter. UBS Asset Management Americas Inc. lifted its holdings in shares of SunCoke Energy by 97.3% in the first quarter. UBS Asset Management Americas Inc. now owns 24,259 shares of the energy company’s stock worth $217,000 after acquiring an additional 11,962 shares during the last quarter. Karp Capital Management Corp bought a new position in shares of SunCoke Energy in the first quarter worth about $191,000. Ameriprise Financial Inc. lifted its holdings in shares of SunCoke Energy by 30.8% in the first quarter. Ameriprise Financial Inc. now owns 461,785 shares of the energy company’s stock worth $4,136,000 after acquiring an additional 108,695 shares during the last quarter. Finally, Prudential Financial Inc. lifted its holdings in shares of SunCoke Energy by 1.1% in the first quarter. Prudential Financial Inc. now owns 149,450 shares of the energy company’s stock worth $1,339,000 after acquiring an additional 1,600 shares during the last quarter. 90.26% of the stock is owned by hedge funds and other institutional investors.

In other news, Director James E. Sweetnam sold 20,000 shares of the business’s 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 transaction, the director now directly owns 10,000 shares of the company’s stock, valued at $87,600. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director James E. Sweetnam sold 11,715 shares of the business’s 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 directly owns 20,000 shares in the company, valued at $181,800. The disclosure for this sale can be found here. Insiders own 3.85% of the company’s stock.

SXC has been the subject of a number of research reports. Zacks Investment Research raised SunCoke Energy from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. BidaskClub raised SunCoke Energy from a “strong sell” rating to a “sell” rating in a research note on Friday, August 25th. Finally, TheStreet downgraded SunCoke Energy from a “c-” rating to a “d+” rating in a research note on Friday, August 4th.

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SunCoke Energy, Inc. (SXC) opened at 11.20 on Monday. The firm’s market cap is $720.48 million. SunCoke Energy, Inc. has a 1-year low of $7.66 and a 1-year high of $13.14. The stock has a 50 day moving average price of $9.41 and a 200 day moving average price of $9.37.

SunCoke Energy (NYSE:SXC) last announced its quarterly earnings data on Thursday, October 26th. The energy company reported $0.18 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.26. SunCoke Energy had a return on equity of 4.60% and a net margin of 0.42%. The firm had revenue of $339.00 million during the quarter, compared to the consensus estimate of $344.40 million. During the same quarter in the previous year, the company posted $0.10 earnings per share. The business’s revenue was up 15.3% on a year-over-year basis. On average, analysts anticipate that SunCoke Energy, Inc. will post ($0.34) EPS for the current year.

About SunCoke Energy

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

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