Oxford Asset Management LLP Takes Position in Peabody Energy Co. (NYSE:BTU)

Oxford Asset Management LLP purchased a new stake in Peabody Energy Co. (NYSE:BTU) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 28,766 shares of the coal producer’s stock, valued at approximately $602,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Barclays PLC increased its holdings in shares of Peabody Energy by 323.5% in the third quarter. Barclays PLC now owns 248,891 shares of the coal producer’s stock valued at $6,605,000 after purchasing an additional 190,120 shares during the period. Franklin Resources Inc. increased its stake in Peabody Energy by 79.2% in the 3rd quarter. Franklin Resources Inc. now owns 175,424 shares of the coal producer’s stock valued at $4,693,000 after buying an additional 77,525 shares during the period. CWA Asset Management Group LLC acquired a new position in Peabody Energy in the 4th quarter valued at $368,000. Adams Asset Advisors LLC purchased a new position in Peabody Energy during the 4th quarter worth $1,361,000. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Peabody Energy in the 4th quarter worth $194,000. 87.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BTU has been the subject of several analyst reports. Benchmark cut their price target on shares of Peabody Energy from $30.00 to $26.00 and set a “buy” rating for the company in a report on Friday, February 7th. Jefferies Financial Group reduced their price target on Peabody Energy from $30.00 to $26.00 and set a “buy” rating for the company in a report on Monday, January 6th. Finally, B. Riley dropped their price objective on Peabody Energy from $27.00 to $19.00 and set a “buy” rating on the stock in a report on Friday, April 11th.

Peabody Energy Stock Down 0.8 %

BTU stock opened at $12.59 on Friday. The company has a current ratio of 2.15, a quick ratio of 1.68 and a debt-to-equity ratio of 0.27. The company’s 50-day moving average price is $13.10 and its 200 day moving average price is $19.02. Peabody Energy Co. has a 52 week low of $9.61 and a 52 week high of $29.94. The company has a market cap of $1.53 billion, a P/E ratio of 4.66 and a beta of 0.52.

Peabody Energy (NYSE:BTU) last announced its quarterly earnings results on Thursday, February 6th. The coal producer reported $0.28 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.25). Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%. On average, research analysts expect that Peabody Energy Co. will post 2.61 earnings per share for the current fiscal year.

Peabody Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Shareholders of record on Wednesday, February 19th were issued a dividend of $0.075 per share. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.30 annualized dividend and a yield of 2.38%. Peabody Energy’s dividend payout ratio (DPR) is currently 11.11%.

About Peabody Energy

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.