184,291 Shares in Peabody Energy Co. (NYSE:BTU) Acquired by Duality Advisers LP

Duality Advisers LP bought a new stake in shares of Peabody Energy Co. (NYSE:BTU) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 184,291 shares of the coal producer’s stock, valued at approximately $4,482,000.

A number of other institutional investors and hedge funds have also modified their holdings of BTU. Vanguard Group Inc. lifted its holdings in shares of Peabody Energy by 49.2% during the first quarter. Vanguard Group Inc. now owns 7,873,533 shares of the coal producer’s stock valued at $193,137,000 after purchasing an additional 2,595,279 shares in the last quarter. First Republic Investment Management Inc. lifted its stake in Peabody Energy by 2,249.0% during the 1st quarter. First Republic Investment Management Inc. now owns 2,104,738 shares of the coal producer’s stock valued at $51,629,000 after acquiring an additional 2,015,138 shares during the period. Bank of America Corp DE lifted its stake in Peabody Energy by 2,630.4% during the 1st quarter. Bank of America Corp DE now owns 1,189,512 shares of the coal producer’s stock valued at $30,452,000 after acquiring an additional 1,145,947 shares during the period. PointState Capital LP purchased a new stake in shares of Peabody Energy during the 1st quarter valued at about $27,379,000. Finally, Assenagon Asset Management S.A. grew its stake in shares of Peabody Energy by 106.1% in the fourth quarter. Assenagon Asset Management S.A. now owns 2,154,535 shares of the coal producer’s stock worth $52,398,000 after acquiring an additional 1,109,261 shares during the period. Institutional investors own 87.44% of the company’s stock.

Analyst Upgrades and Downgrades

BTU has been the topic of a number of research analyst reports. Benchmark restated a “buy” rating and set a $28.00 price objective on shares of Peabody Energy in a research report on Friday, April 12th. B. Riley decreased their target price on shares of Peabody Energy from $34.00 to $32.00 and set a “buy” rating for the company in a research note on Monday, April 15th.

Insider Buying and Selling at Peabody Energy

In other news, Director Nicholas J. Chirekos sold 14,000 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $25.50, for a total value of $357,000.00. Following the transaction, the director now owns 24,279 shares of the company’s stock, valued at $619,114.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Peabody Energy news, Director Nicholas J. Chirekos sold 14,000 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $25.50, for a total value of $357,000.00. Following the completion of the transaction, the director now directly owns 24,279 shares in the company, valued at $619,114.50. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Darren Ronald Yeates sold 31,980 shares of Peabody Energy stock in a transaction on Monday, February 12th. The shares were sold at an average price of $25.48, for a total transaction of $814,850.40. Following the transaction, the chief operating officer now owns 78,307 shares in the company, valued at approximately $1,995,262.36. The disclosure for this sale can be found here. Over the last quarter, insiders sold 52,806 shares of company stock valued at $1,339,565. Company insiders own 0.09% of the company’s stock.

Peabody Energy Stock Performance

Shares of NYSE BTU traded down $0.01 during midday trading on Friday, hitting $24.08. 1,414,867 shares of the company’s stock traded hands, compared to its average volume of 2,622,664. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.70 and a current ratio of 2.06. The stock has a market capitalization of $3.07 billion, a price-to-earnings ratio of 4.84 and a beta of 0.98. The firm has a fifty day moving average of $24.49 and a 200 day moving average of $24.52. Peabody Energy Co. has a 1 year low of $17.71 and a 1 year high of $27.24.

Peabody Energy (NYSE:BTU) last announced its earnings results on Thursday, February 8th. The coal producer reported $1.33 EPS for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.08). The business had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.22 billion. Peabody Energy had a net margin of 15.36% and a return on equity of 21.45%. The firm’s quarterly revenue was down 24.1% on a year-over-year basis. During the same period in the prior year, the company posted $2.65 earnings per share. On average, analysts forecast that Peabody Energy Co. will post 3.07 earnings per share for the current year.

Peabody Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 13th. Investors of record on Thursday, February 22nd were given a dividend of $0.075 per share. The ex-dividend date of this dividend was Wednesday, February 21st. This represents a $0.30 annualized dividend and a yield of 1.25%. Peabody Energy’s dividend payout ratio (DPR) is presently 6.02%.

Peabody Energy Profile

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.