SunCoke Energy, Inc. (NYSE:SXC) major shareholder Mangrove Partners Fund (Cayman sold 265,742 shares of the company’s stock in a transaction dated Thursday, July 6th. The stock was sold at an average price of $11.06, for a total transaction of $2,939,106.52. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% 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 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 transaction 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 transaction 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 transaction 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 transaction of $2,017,670.16.

SunCoke Energy, Inc. (NYSE:SXC) traded down 0.36% on Friday, hitting $10.98. 528,892 shares of the company traded hands. The stock has a market cap of $706.22 million, a PE ratio of 36.72 and a beta of 1.28. SunCoke Energy, Inc. has a 12 month low of $5.52 and a 12 month high of $13.14. The stock’s 50-day moving average is $9.25 and its 200 day moving average is $9.69.

SunCoke Energy (NYSE:SXC) last announced its earnings results on Thursday, April 20th. The energy company reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.12. The company had revenue of $309.70 million during the quarter, compared to analysts’ expectations of $410.60 million. SunCoke Energy had a net margin of 1.60% and a return on equity of 3.29%. The firm’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.06) earnings per share. Equities research analysts expect that SunCoke Energy, Inc. will post ($0.01) earnings per share for the current fiscal year.

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Separately, Zacks Investment Research upgraded shares of SunCoke Energy from a “hold” rating to a “strong-buy” rating and set a $11.00 price target for the company in a research report on Saturday, April 29th.

Institutional investors have recently made changes to their positions in the company. Advisor Partners LLC boosted 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 acquired a new position in shares of SunCoke Energy during the first quarter worth about $121,000. Mason Street Advisors LLC boosted 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. Sterneck Capital Management LLC acquired a new position in shares of SunCoke Energy during the first quarter worth about $148,000. Finally, Eqis Capital Management Inc. boosted its position in shares of SunCoke Energy by 22.6% in the first quarter. Eqis Capital Management Inc. now owns 18,872 shares of the energy company’s stock worth $169,000 after buying an additional 3,473 shares during the last quarter. Institutional investors own 97.44% of the company’s stock.

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.

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

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