Westpac Banking Corp bought a new position in SunCoke Energy, Inc. (NYSE:SXC) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 34,598 shares of the energy company’s stock, valued at approximately $377,000. Westpac Banking Corp owned 0.05% of SunCoke Energy as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in SXC. Teachers Advisors LLC raised its holdings in SunCoke Energy by 44.1% in the 4th quarter. Teachers Advisors LLC now owns 161,707 shares of the energy company’s stock worth $1,834,000 after purchasing an additional 49,521 shares during the period. Louisiana State Employees Retirement System raised its holdings in SunCoke Energy by 1.2% in the 1st quarter. Louisiana State Employees Retirement System now owns 26,100 shares of the energy company’s stock worth $234,000 after purchasing an additional 300 shares during the period. Strs Ohio raised its holdings in SunCoke Energy by 15.6% in the 1st quarter. Strs Ohio now owns 79,400 shares of the energy company’s stock worth $711,000 after purchasing an additional 10,700 shares during the period. Russell Investments Group Ltd. raised its holdings in SunCoke Energy by 37.8% in the 1st quarter. Russell Investments Group Ltd. now owns 443,968 shares of the energy company’s stock worth $3,978,000 after purchasing an additional 121,774 shares during the period. Finally, Great West Life Assurance Co. Can raised its holdings in SunCoke Energy by 6.6% in the 1st quarter. Great West Life Assurance Co. Can now owns 88,794 shares of the energy company’s stock worth $794,000 after purchasing an additional 5,464 shares during the period. 90.24% of the stock is currently owned by institutional investors.

Shares of SunCoke Energy, Inc. (NYSE:SXC) opened at 8.44 on Friday. The stock’s market cap is $542.94 million. SunCoke Energy, Inc. has a 52 week low of $6.45 and a 52 week high of $13.14. The firm has a 50-day moving average price of $8.87 and a 200-day moving average price of $9.28.

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

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SXC has been the topic of a number of recent research reports. BidaskClub cut SunCoke Energy from a “hold” rating to a “sell” rating in a report on Friday, July 28th. TheStreet cut SunCoke Energy from a “c-” rating to a “d+” rating in a report on Friday, August 4th. Finally, Zacks Investment Research raised SunCoke Energy from a “sell” rating to a “hold” rating in a report on Saturday, August 19th.

In other SunCoke Energy news, major shareholder Mangrove Partners Fund (Cayman sold 265,742 shares of the company’s stock in a transaction dated Thursday, July 6th. The shares were sold at an average price of $11.06, for a total value of $2,939,106.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James E. Sweetnam sold 11,715 shares of the company’s stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $9.09, for a total transaction of $106,489.35. Following the completion of the transaction, the director now owns 20,000 shares of the company’s stock, valued at approximately $181,800. The disclosure for this sale can be found here. In the last quarter, insiders sold 882,266 shares of company stock valued at $9,697,197. Insiders own 3.85% of the company’s stock.

SunCoke Energy 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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