Fox Run Management L.L.C. bought a new position in shares of Warrior Met Coal (NYSE:HCC – Free Report) in the fourth quarter, HoldingsChannel reports. The firm bought 17,206 shares of the company’s stock, valued at approximately $1,517,000.
A number of other large investors have also bought and sold shares of the business. Oregon Public Employees Retirement Fund increased its stake in Warrior Met Coal by 1.3% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 12,027 shares of the company’s stock worth $1,060,000 after purchasing an additional 149 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Warrior Met Coal by 12.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,559 shares of the company’s stock worth $99,000 after purchasing an additional 168 shares in the last quarter. Arizona State Retirement System increased its stake in Warrior Met Coal by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 15,552 shares of the company’s stock worth $990,000 after purchasing an additional 213 shares in the last quarter. Parallel Advisors LLC increased its stake in Warrior Met Coal by 272.1% during the 4th quarter. Parallel Advisors LLC now owns 413 shares of the company’s stock worth $36,000 after purchasing an additional 302 shares in the last quarter. Finally, ProShare Advisors LLC increased its stake in Warrior Met Coal by 3.2% during the 4th quarter. ProShare Advisors LLC now owns 10,143 shares of the company’s stock worth $894,000 after purchasing an additional 312 shares in the last quarter. 92.28% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
HCC has been the subject of a number of research reports. Wall Street Zen raised Warrior Met Coal from a “hold” rating to a “buy” rating in a research note on Sunday, February 15th. UBS Group lowered their target price on Warrior Met Coal from $104.00 to $102.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Citigroup upped their price target on Warrior Met Coal from $80.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, March 18th. Weiss Ratings raised Warrior Met Coal from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, June 3rd. Finally, B. Riley Financial reaffirmed a “buy” rating on shares of Warrior Met Coal in a research report on Friday, February 13th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $102.80.
Warrior Met Coal Trading Down 0.8%
NYSE HCC opened at $99.12 on Tuesday. The company has a market cap of $5.23 billion, a PE ratio of 37.83 and a beta of 0.62. The company has a current ratio of 3.48, a quick ratio of 2.42 and a debt-to-equity ratio of 0.11. Warrior Met Coal has a 12 month low of $40.80 and a 12 month high of $110.39. The stock has a 50 day moving average of $91.15 and a 200-day moving average of $88.70.
Warrior Met Coal (NYSE:HCC – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported $1.37 EPS for the quarter, missing the consensus estimate of $1.41 by ($0.04). The company had revenue of $458.59 million during the quarter, compared to analyst estimates of $467.57 million. Warrior Met Coal had a net margin of 9.36% and a return on equity of 6.44%. The company’s quarterly revenue was up 52.9% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.16) EPS. On average, equities research analysts anticipate that Warrior Met Coal will post 6.78 EPS for the current fiscal year.
Warrior Met Coal Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 7th. Stockholders of record on Friday, May 1st were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, May 1st. Warrior Met Coal’s dividend payout ratio is presently 12.21%.
Insider Activity at Warrior Met Coal
In other news, insider Kelli K. Gant sold 20,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $110.00, for a total value of $2,200,000.00. Following the completion of the sale, the insider owned 67,775 shares of the company’s stock, valued at approximately $7,455,250. This represents a 22.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 2.10% of the company’s stock.
Warrior Met Coal Company Profile
Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.
Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.
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