SunCoke Energy, Inc. (NYSE:SXC) major shareholder Mangrove Partners Fund (Cayman sold 86,605 shares of SunCoke Energy stock in a transaction that occurred on Monday, July 10th. The stock was sold at an average price of $11.00, for a total transaction of $952,655.00. The sale was disclosed in a document filed with the SEC, which is available at 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 transaction 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 transaction 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 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.

Shares of SunCoke Energy, Inc. (NYSE:SXC) remained flat at $10.96 on Tuesday. 548,899 shares of the company were exchanged. The stock has a 50 day moving average of $9.25 and a 200-day moving average of $9.69. SunCoke Energy, Inc. has a 12 month low of $6.20 and a 12 month high of $13.14. The stock has a market capitalization of $704.94 million, a P/E ratio of 36.66 and a beta of 1.28.

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

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Several hedge funds and other institutional investors have recently modified their holdings of the company. Highbridge Capital Management LLC acquired a new position in shares of SunCoke Energy during the fourth quarter valued at approximately $1,817,000. Thrivent Financial for Lutherans raised its position in shares of SunCoke Energy by 182.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 92,387 shares of the energy company’s stock valued at $1,048,000 after buying an additional 59,700 shares during the last quarter. State Street Corp raised its position in shares of SunCoke Energy by 1.4% in the fourth quarter. State Street Corp now owns 2,618,907 shares of the energy company’s stock valued at $29,702,000 after buying an additional 37,072 shares during the last quarter. Federated Investors Inc. PA acquired a new position in shares of SunCoke Energy during the fourth quarter valued at approximately $514,000. Finally, Russell Investments Group Ltd. acquired a new position in shares of SunCoke Energy during the fourth quarter valued at approximately $3,760,000. 97.44% of the stock is owned by institutional investors.

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.

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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