Tudor Investment Corp Et Al acquired a new stake in Warrior Met Coal, Inc. (NYSE:HCC) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 123,468 shares of the company’s stock, valued at approximately $2,632,000. Tudor Investment Corp Et Al owned 0.24% of Warrior Met Coal at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in HCC. Point72 Asset Management L.P. acquired a new stake in Warrior Met Coal during the 3rd quarter worth $11,046,000. State Street Corp boosted its stake in shares of Warrior Met Coal by 9.6% during the third quarter. State Street Corp now owns 3,105,746 shares of the company’s stock worth $53,046,000 after buying an additional 271,641 shares during the period. BlackRock Inc. grew its holdings in shares of Warrior Met Coal by 2.8% during the fourth quarter. BlackRock Inc. now owns 7,184,068 shares of the company’s stock worth $153,165,000 after buying an additional 192,694 shares during the last quarter. Key Group Holdings Cayman LTD. increased its position in Warrior Met Coal by 6.1% in the 3rd quarter. Key Group Holdings Cayman LTD. now owns 1,064,321 shares of the company’s stock valued at $18,179,000 after acquiring an additional 61,546 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in Warrior Met Coal by 6.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 940,225 shares of the company’s stock valued at $20,046,000 after acquiring an additional 53,574 shares during the last quarter. Institutional investors and hedge funds own 98.18% of the company’s stock.
Shares of NYSE:HCC opened at $17.13 on Friday. The firm has a market capitalization of $879.68 million, a price-to-earnings ratio of 46.30 and a beta of 1.25. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.60 and a quick ratio of 2.49. The business’s 50 day simple moving average is $20.49 and its 200-day simple moving average is $19.29. Warrior Met Coal, Inc. has a 12 month low of $9.46 and a 12 month high of $25.90.
Warrior Met Coal (NYSE:HCC) last posted its earnings results on Tuesday, February 23rd. The company reported ($0.63) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.33) by ($0.30). The firm had revenue of $212.25 million for the quarter, compared to analysts’ expectations of $194.55 million. Warrior Met Coal had a return on equity of 1.04% and a net margin of 2.41%. On average, equities analysts anticipate that Warrior Met Coal, Inc. will post -0.31 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 8th. Investors of record on Monday, March 1st were given a $0.05 dividend. The ex-dividend date of this dividend was Friday, February 26th. This represents a $0.20 annualized dividend and a dividend yield of 1.17%. Warrior Met Coal’s dividend payout ratio is presently 3.62%.
HCC has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft cut Warrior Met Coal from a “buy” rating to a “hold” rating and cut their price target for the stock from $26.00 to $21.00 in a research note on Wednesday, January 13th. BMO Capital Markets cut shares of Warrior Met Coal from an “outperform” rating to a “market perform” rating and set a $22.00 target price for the company. in a research note on Thursday, December 17th. Smith Barney Citigroup lowered shares of Warrior Met Coal from a “buy” rating to a “neutral” rating in a research note on Monday, December 7th. B. Riley raised their price objective on shares of Warrior Met Coal from $25.00 to $28.00 and gave the company a “buy” rating in a research report on Thursday, February 25th. Finally, Roth Capital boosted their target price on Warrior Met Coal from $20.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, February 26th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Warrior Met Coal currently has an average rating of “Hold” and an average target price of $21.57.
Warrior Met Coal Company Profile
Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.
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