Parametric Portfolio Associates LLC grew its holdings in shares of Hallador Energy Co (NASDAQ:HNRG) by 33.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,779 shares of the energy company’s stock after purchasing an additional 10,147 shares during the period. Parametric Portfolio Associates LLC owned about 0.13% of Hallador Energy worth $230,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Acadian Asset Management LLC boosted its position in shares of Hallador Energy by 14.6% during the 2nd quarter. Acadian Asset Management LLC now owns 612,016 shares of the energy company’s stock worth $3,445,000 after acquiring an additional 77,810 shares in the last quarter. Alambic Investment Management L.P. acquired a new stake in shares of Hallador Energy during the 2nd quarter worth approximately $81,000. Northern Trust Corp boosted its position in shares of Hallador Energy by 3.0% during the 2nd quarter. Northern Trust Corp now owns 251,843 shares of the energy company’s stock worth $1,418,000 after acquiring an additional 7,395 shares in the last quarter. Jasper Ridge Partners L.P. acquired a new stake in shares of Hallador Energy during the 2nd quarter worth approximately $62,000. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Hallador Energy by 20.9% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 46,411 shares of the energy company’s stock worth $261,000 after acquiring an additional 8,011 shares in the last quarter. Institutional investors and hedge funds own 46.35% of the company’s stock.
Several analysts recently issued reports on HNRG shares. ValuEngine upgraded shares of Hallador Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Zacks Investment Research upgraded shares of Hallador Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, October 9th.
Shares of NASDAQ:HNRG opened at $3.34 on Friday. The company has a market cap of $99.82 million, a price-to-earnings ratio of 9.17 and a beta of 0.06. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.33 and a quick ratio of 0.63. The firm has a 50 day simple moving average of $3.68 and a 200 day simple moving average of $4.92. Hallador Energy Co has a one year low of $3.21 and a one year high of $6.63.
Hallador Energy (NASDAQ:HNRG) last issued its quarterly earnings data on Monday, August 5th. The energy company reported ($0.05) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.17). The company had revenue of $72.31 million during the quarter, compared to the consensus estimate of $81.30 million. Hallador Energy had a net margin of 2.77% and a return on equity of 4.27%. As a group, analysts expect that Hallador Energy Co will post 0.33 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 4.79%. The ex-dividend date of this dividend is Wednesday, October 30th. Hallador Energy’s payout ratio is 64.00%.
In related news, Director David C. Hardie acquired 30,380 shares of the company’s stock in a transaction that occurred on Monday, October 7th. The stock was acquired at an average price of $3.29 per share, with a total value of $99,950.20. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 33.40% of the stock is owned by corporate insiders.
Hallador Energy Company Profile
Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company holds interests in the Oaktown 1 mine underground mine located in Knox County, Indiana; the Oaktown 2 mine located in Knox County, Indiana and Lawrence County, Illinois; Carlisle underground coal mine located near the town of Carlisle, Indiana; and Ace in the Hole mine located near Clay City, Indiana.
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