Citadel Advisors LLC grew its holdings in shares of SunCoke Energy Inc (NYSE:SXC) by 112.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 143,201 shares of the energy company’s stock after buying an additional 75,650 shares during the quarter. Citadel Advisors LLC’s holdings in SunCoke Energy were worth $1,718,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also added to or reduced their stakes in SXC. Boston Partners boosted its holdings in shares of SunCoke Energy by 28.5% in the fourth quarter. Boston Partners now owns 4,594,984 shares of the energy company’s stock valued at $55,094,000 after purchasing an additional 1,019,796 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of SunCoke Energy by 81.3% in the third quarter. JPMorgan Chase & Co. now owns 1,711,619 shares of the energy company’s stock valued at $15,353,000 after purchasing an additional 767,312 shares during the period. BlackRock Inc. boosted its holdings in shares of SunCoke Energy by 2.4% in the fourth quarter. BlackRock Inc. now owns 8,444,996 shares of the energy company’s stock valued at $101,256,000 after purchasing an additional 193,985 shares during the period. Assenagon Asset Management S.A. purchased a new stake in shares of SunCoke Energy in the fourth quarter valued at approximately $1,832,000. Finally, First Quadrant L P CA boosted its holdings in shares of SunCoke Energy by 4,618.6% in the fourth quarter. First Quadrant L P CA now owns 86,303 shares of the energy company’s stock valued at $1,035,000 after purchasing an additional 84,474 shares during the period. 93.91% of the stock is currently owned by hedge funds and other institutional investors.
Shares of SunCoke Energy Inc (NYSE:SXC) opened at $10.68 on Thursday. The company has a current ratio of 1.74, a quick ratio of 1.12 and a debt-to-equity ratio of 1.31. The firm has a market capitalization of $691.90, a price-to-earnings ratio of -21.80 and a beta of 1.16. SunCoke Energy Inc has a twelve month low of $7.66 and a twelve month high of $13.43.
A number of analysts recently issued reports on the company. Clarkson Capital upgraded SunCoke Energy from a “neutral” rating to a “buy” rating in a report on Thursday, February 15th. Zacks Investment Research upgraded SunCoke Energy from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a report on Friday, February 9th. Finally, B. Riley reiterated a “buy” rating on shares of SunCoke Energy in a report on Wednesday, November 1st. One research analyst has rated the stock with a sell rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $11.00.
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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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