BNP Paribas Arbitrage SA Has $303,000 Stake in SunCoke Energy, Inc. (SXC)

BNP Paribas Arbitrage SA lifted its stake in shares of SunCoke Energy, Inc. (NYSE:SXC) by 68.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 33,137 shares of the energy company’s stock after acquiring an additional 13,510 shares during the period. BNP Paribas Arbitrage SA owned 0.05% of SunCoke Energy worth $303,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Arizona State Retirement System raised its holdings in shares of SunCoke Energy by 0.3% during the 2nd quarter. Arizona State Retirement System now owns 33,530 shares of the energy company’s stock worth $365,000 after acquiring an additional 100 shares during the period. Louisiana State Employees Retirement System raised its holdings in shares of SunCoke Energy by 0.4% during the 2nd quarter. Louisiana State Employees Retirement System now owns 26,200 shares of the energy company’s stock worth $286,000 after acquiring an additional 100 shares during the period. UBS Asset Management Americas Inc. raised its holdings in shares of SunCoke Energy by 1.0% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 24,492 shares of the energy company’s stock worth $267,000 after acquiring an additional 233 shares during the period. IHT Wealth Management LLC purchased a new stake in SunCoke Energy in the 2nd quarter valued at about $831,000. Finally, Texas Permanent School Fund raised its holdings in SunCoke Energy by 1.0% in the 2nd quarter. Texas Permanent School Fund now owns 46,951 shares of the energy company’s stock valued at $512,000 after buying an additional 484 shares during the period. Institutional investors and hedge funds own 90.96% of the company’s stock.

SXC has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of SunCoke Energy from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. BidaskClub upgraded shares of SunCoke Energy from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. Finally, B. Riley restated a “buy” rating on shares of SunCoke Energy in a report on Wednesday, November 1st.

Shares of SunCoke Energy, Inc. (NYSE:SXC) traded up $0.02 on Wednesday, reaching $11.22. 319,000 shares of the company traded hands, compared to its average volume of 681,468. The stock has a market cap of $720.78, a price-to-earnings ratio of 28.72 and a beta of 1.31. SunCoke Energy, Inc. has a 12-month low of $7.66 and a 12-month high of $12.29. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.04 and a current ratio of 1.58.

SunCoke Energy (NYSE:SXC) last issued its quarterly earnings data on Thursday, October 26th. The energy company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.26. The firm had revenue of $339.00 million for the quarter, compared to analyst estimates of $344.40 million. SunCoke Energy had a net margin of 0.42% and a return on equity of 4.60%. SunCoke Energy’s revenue was up 15.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.10 EPS. research analysts anticipate that SunCoke Energy, Inc. will post -0.16 earnings per share for the current year.

In related news, insider Phillip Michael Hardesty sold 4,444 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $11.37, for a total value of $50,528.28. Following the sale, the insider now directly owns 70,161 shares in the company, valued at approximately $797,730.57. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.85% of the stock is currently owned by insiders.

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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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