Bayesian Capital Management LP Buys Shares of 10,665 Warrior Met Coal, Inc. (NYSE:HCC)

Bayesian Capital Management LP acquired a new stake in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 10,665 shares of the company's stock, valued at approximately $578,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. boosted its stake in shares of Warrior Met Coal by 272.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,994,301 shares of the company's stock worth $108,171,000 after buying an additional 1,458,279 shares during the last quarter. Dalal Street LLC boosted its position in Warrior Met Coal by 144.1% during the fourth quarter. Dalal Street LLC now owns 1,704,670 shares of the company's stock valued at $92,461,000 after purchasing an additional 1,006,263 shares during the last quarter. Hartree Partners LP bought a new position in Warrior Met Coal in the fourth quarter valued at approximately $8,760,000. Mercuria Capital Strategies LLC bought a new stake in shares of Warrior Met Coal during the 4th quarter worth approximately $8,354,000. Finally, Forest Avenue Capital Management LP boosted its holdings in shares of Warrior Met Coal by 32.5% in the 4th quarter. Forest Avenue Capital Management LP now owns 545,189 shares of the company's stock valued at $29,571,000 after buying an additional 133,642 shares during the last quarter. 92.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Benchmark reissued a "hold" rating on shares of Warrior Met Coal in a research report on Friday, February 14th. B. Riley reduced their target price on Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating for the company in a research note on Friday, April 11th. Finally, UBS Group dropped their price target on Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating on the stock in a research note on Wednesday.

Warrior Met Coal Stock Performance

Shares of Warrior Met Coal stock traded down $0.09 on Friday, hitting $45.20. The stock had a trading volume of 652,199 shares, compared to its average volume of 791,222. The stock has a market cap of $2.38 billion, a price-to-earnings ratio of 9.44 and a beta of 0.75. The company has a quick ratio of 3.99, a current ratio of 5.20 and a debt-to-equity ratio of 0.09. Warrior Met Coal, Inc. has a twelve month low of $38.00 and a twelve month high of $75.53. The business's 50 day moving average is $47.22 and its two-hundred day moving average is $54.64.

Warrior Met Coal (NYSE:HCC - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.11). Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. The firm had revenue of $299.94 million for the quarter, compared to analyst estimates of $296.39 million. During the same period in the prior year, the business posted $2.63 EPS. The firm's quarterly revenue was down 40.4% compared to the same quarter last year. Analysts forecast that Warrior Met Coal, Inc. will post 4.86 EPS for the current year.

Warrior Met Coal Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 12th. Stockholders of record on Monday, May 5th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, May 5th. This represents a $0.32 annualized dividend and a dividend yield of 0.71%. Warrior Met Coal's dividend payout ratio is presently 15.92%.

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.