SunCoke Energy, Inc. (NYSE:SXC) major shareholder Mangrove Partners Fund (Cayman sold 86,605 shares of the business’s stock in a transaction that occurred on Monday, July 10th. The stock was sold at an average price of $11.00, for a total value of $952,655.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Mangrove Partners Fund (Cayman also recently made the following trade(s):

  • On Friday, July 7th, Mangrove Partners Fund (Cayman sold 10,658 shares of SunCoke Energy stock. The stock was sold at an average price of $11.00, for a total value of $117,238.00.
  • On Thursday, July 6th, Mangrove Partners Fund (Cayman sold 265,742 shares of SunCoke Energy stock. The stock was sold at an average price of $11.06, for a total value of $2,939,106.52.
  • On Monday, July 3rd, Mangrove Partners Fund (Cayman sold 45,900 shares of SunCoke Energy stock. The stock was sold at an average price of $11.03, for a total value of $506,277.00.
  • On Friday, June 30th, Mangrove Partners Fund (Cayman sold 5,530 shares of SunCoke Energy stock. The stock was sold at an average price of $11.00, for a total value of $60,830.00.
  • On Thursday, June 29th, Mangrove Partners Fund (Cayman sold 215,157 shares of SunCoke Energy stock. The stock was sold at an average price of $11.01, for a total value of $2,368,878.57.
  • On Wednesday, June 28th, Mangrove Partners Fund (Cayman sold 179,828 shares of SunCoke Energy stock. The stock was sold at an average price of $11.22, for a total value of $2,017,670.16.

Shares of SunCoke Energy, Inc. (SXC) traded down 0.12% on Tuesday, hitting $8.36. The stock had a trading volume of 561,804 shares. The company has a 50-day moving average of $10.20 and a 200 day moving average of $9.47. SunCoke Energy, Inc. has a 52 week low of $6.28 and a 52 week high of $13.14. The company’s market capitalization is $537.79 million.

SunCoke Energy (NYSE:SXC) last issued its quarterly earnings results on Thursday, July 27th. The energy company reported ($0.07) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.14) by $0.07. The company had revenue of $323.20 million during the quarter, compared to the consensus estimate of $347.90 million. SunCoke Energy had a positive return on equity of 3.27% and a negative net margin of 0.01%. SunCoke Energy’s revenue was up 10.4% on a year-over-year basis. During the same period last year, the business posted ($0.07) earnings per share. On average, equities research analysts predict that SunCoke Energy, Inc. will post ($0.34) EPS for the current year.

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SXC has been the subject of several research analyst reports. Zacks Investment Research upgraded SunCoke Energy from a “hold” rating to a “strong-buy” rating and set a $11.00 target price for the company in a research note on Saturday, April 29th. BidaskClub downgraded SunCoke Energy from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Finally, TheStreet downgraded SunCoke Energy from a “c-” rating to a “d+” rating in a research note on Friday.

Hedge funds have recently modified their holdings of the stock. Advisor Partners LLC raised its position in shares of SunCoke Energy by 3.1% in the first quarter. Advisor Partners LLC now owns 11,724 shares of the energy company’s stock worth $105,000 after buying an additional 356 shares during the last quarter. Two Sigma Securities LLC purchased a new position in shares of SunCoke Energy during the first quarter worth approximately $121,000. Mason Street Advisors LLC raised its position in shares of SunCoke Energy by 6.9% in the first quarter. Mason Street Advisors LLC now owns 15,007 shares of the energy company’s stock worth $134,000 after buying an additional 975 shares during the last quarter. State of Alaska Department of Revenue raised its position in shares of SunCoke Energy by 78.5% in the second quarter. State of Alaska Department of Revenue now owns 12,693 shares of the energy company’s stock worth $138,000 after buying an additional 5,583 shares during the last quarter. Finally, Sterneck Capital Management LLC purchased a new position in shares of SunCoke Energy during the first quarter worth approximately $148,000. 96.90% of the stock is owned by institutional investors.

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.

Insider Buying and Selling by Quarter for SunCoke Energy (NYSE:SXC)

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