Gary P. Yeaw Buys 10,000 Shares of SunCoke Energy Inc (SXC) Stock
SunCoke Energy Inc (NYSE:SXC) insider Gary P. Yeaw acquired 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 9th. The shares were purchased at an average price of $8.08 per share, with a total value of $80,800.00. Following the completion of the acquisition, the insider now owns 40,973 shares of the company’s stock, valued at approximately $331,061.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of SunCoke Energy Inc (NYSE:SXC) remained flat at $8.12 during mid-day trading on Wednesday. The company’s stock had a trading volume of 693,269 shares. The firm has a 50 day moving average price of $8.97 and a 200-day moving average price of $10.23. SunCoke Energy Inc has a 52-week low of $5.14 and a 52-week high of $13.14. The firm has a market capitalization of $522.27 million, a P/E ratio of 27.16 and a beta of 1.22.
SunCoke Energy (NYSE:SXC) last issued its quarterly earnings results on Thursday, April 20th. The energy company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.10) by $0.12. SunCoke Energy had a net margin of 1.18% and a return on equity of 3.51%. The firm had revenue of $309.70 million for the quarter, compared to analysts’ expectations of $410.60 million. During the same period in the previous year, the firm posted ($0.06) EPS. The company’s revenue for the quarter was down .5% on a year-over-year basis. Equities analysts forecast that SunCoke Energy Inc will post ($0.01) EPS for the current year.
A number of large investors have recently modified their holdings of the company. Aperio Group LLC boosted its stake in shares of SunCoke Energy by 27.7% in the third quarter. Aperio Group LLC now owns 21,399 shares of the energy company’s stock valued at $172,000 after buying an additional 4,643 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of SunCoke Energy by 480.1% in the third quarter. PNC Financial Services Group Inc. now owns 25,194 shares of the energy company’s stock valued at $203,000 after buying an additional 20,851 shares during the period. Sei Investments Co. boosted its stake in shares of SunCoke Energy by 49.3% in the third quarter. Sei Investments Co. now owns 18,355 shares of the energy company’s stock valued at $148,000 after buying an additional 6,061 shares during the period. BlackRock Fund Advisors boosted its stake in shares of SunCoke Energy by 8.1% in the third quarter. BlackRock Fund Advisors now owns 4,724,053 shares of the energy company’s stock valued at $37,887,000 after buying an additional 352,619 shares during the period. Finally, Municipal Employees Retirement System of Michigan boosted its stake in shares of SunCoke Energy by 1.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 14,190 shares of the energy company’s stock valued at $114,000 after buying an additional 240 shares during the period. 86.04% of the stock is currently owned by hedge funds and other institutional investors.
Separately, Zacks Investment Research lowered SunCoke Energy from a “hold” rating to a “sell” rating in a report on Wednesday, January 25th.
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.
Receive News & Ratings for SunCoke Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SunCoke Energy Inc and related companies with MarketBeat.com's FREE daily email newsletter.