Eisler Capital Management Ltd. Takes $381,000 Position in Warrior Met Coal $HCC

Eisler Capital Management Ltd. purchased a new position in shares of Warrior Met Coal (NYSE:HCC) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 8,303 shares of the company’s stock, valued at approximately $381,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HCC. TD Asset Management Inc increased its position in shares of Warrior Met Coal by 48.3% during the first quarter. TD Asset Management Inc now owns 41,820 shares of the company’s stock worth $1,996,000 after acquiring an additional 13,620 shares during the last quarter. Dauntless Investment Group LLC boosted its holdings in Warrior Met Coal by 47.5% in the first quarter. Dauntless Investment Group LLC now owns 16,510 shares of the company’s stock valued at $788,000 after purchasing an additional 5,320 shares during the last quarter. High Ground Investment Management LLP grew its stake in Warrior Met Coal by 55.0% during the 1st quarter. High Ground Investment Management LLP now owns 266,781 shares of the company’s stock valued at $12,731,000 after purchasing an additional 94,668 shares in the last quarter. Foster & Motley Inc. purchased a new stake in Warrior Met Coal during the 1st quarter worth approximately $373,000. Finally, Cynosure Group LLC raised its position in shares of Warrior Met Coal by 27.7% in the 1st quarter. Cynosure Group LLC now owns 6,989 shares of the company’s stock valued at $334,000 after purchasing an additional 1,515 shares in the last quarter. 92.28% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Walter J. Scheller sold 18,966 shares of the company’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $75.00, for a total transaction of $1,422,450.00. Following the completion of the transaction, the chief executive officer directly owned 394,183 shares in the company, valued at $29,563,725. This represents a 4.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. UBS Group set a $80.00 target price on Warrior Met Coal in a research note on Monday. Weiss Ratings reissued a “hold (c-)” rating on shares of Warrior Met Coal in a report on Wednesday, October 8th. Zacks Research raised shares of Warrior Met Coal from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Wall Street Zen upgraded shares of Warrior Met Coal from a “sell” rating to a “hold” rating in a research note on Saturday, October 11th. Finally, BMO Capital Markets lifted their price target on Warrior Met Coal from $65.00 to $72.00 and gave the stock a “market perform” rating in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $72.75.

Warrior Met Coal Trading Up 1.2%

NYSE HCC opened at $75.98 on Tuesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.00 and a current ratio of 4.13. Warrior Met Coal has a one year low of $38.00 and a one year high of $85.86. The company has a 50-day simple moving average of $68.29 and a 200-day simple moving average of $57.75. The firm has a market capitalization of $3.99 billion, a PE ratio of 113.41 and a beta of 0.75.

Warrior Met Coal (NYSE:HCC) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.91. Warrior Met Coal had a net margin of 2.87% and a return on equity of 2.01%. The firm had revenue of $328.59 million for the quarter, compared to analyst estimates of $302.51 million. During the same quarter in the prior year, the business earned $0.80 earnings per share. Warrior Met Coal’s quarterly revenue was up .3% on a year-over-year basis. On average, equities analysts forecast that Warrior Met Coal will post 4.86 earnings per share for the current year.

Warrior Met Coal Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Friday, November 7th were issued a $0.08 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $0.32 annualized dividend and a dividend yield of 0.4%. Warrior Met Coal’s dividend payout ratio (DPR) is 47.76%.

Warrior Met Coal 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.