Alpha Metallurgical Resources, Inc. (NYSE:AMR) Shares Bought by Dalal Street LLC

Dalal Street LLC increased its holdings in shares of Alpha Metallurgical Resources, Inc. (NYSE:AMR - Free Report) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 487,251 shares of the energy company's stock after purchasing an additional 7,553 shares during the quarter. Alpha Metallurgical Resources makes up approximately 38.5% of Dalal Street LLC's portfolio, making the stock its biggest position. Dalal Street LLC owned approximately 3.74% of Alpha Metallurgical Resources worth $97,509,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. X Square Capital LLC increased its stake in Alpha Metallurgical Resources by 2.9% in the fourth quarter. X Square Capital LLC now owns 3,005 shares of the energy company's stock valued at $601,000 after purchasing an additional 84 shares during the period. Swiss National Bank increased its holdings in Alpha Metallurgical Resources by 0.5% in the fourth quarter. Swiss National Bank now owns 21,700 shares of the energy company's stock valued at $4,343,000 after buying an additional 100 shares in the last quarter. O Shaughnessy Asset Management LLC raised its stake in shares of Alpha Metallurgical Resources by 2.1% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 7,586 shares of the energy company's stock worth $1,518,000 after buying an additional 159 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Alpha Metallurgical Resources by 127.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 289 shares of the energy company's stock worth $58,000 after purchasing an additional 162 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in Alpha Metallurgical Resources by 127.7% during the fourth quarter. GAMMA Investing LLC now owns 312 shares of the energy company's stock worth $62,000 after buying an additional 175 shares in the last quarter. Institutional investors and hedge funds own 84.29% of the company's stock.

Alpha Metallurgical Resources Stock Performance

AMR stock traded down $4.18 during trading on Thursday, hitting $112.13. The stock had a trading volume of 184,584 shares, compared to its average volume of 225,422. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 4.11 and a beta of 1.08. The company's 50 day moving average price is $143.09 and its two-hundred day moving average price is $190.95. Alpha Metallurgical Resources, Inc. has a 1-year low of $100.00 and a 1-year high of $361.17.

Alpha Metallurgical Resources (NYSE:AMR - Get Free Report) last issued its quarterly earnings results on Friday, February 28th. The energy company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.09). Alpha Metallurgical Resources had a return on equity of 22.65% and a net margin of 11.08%. The business had revenue of $617.30 million during the quarter, compared to analyst estimates of $658.20 million. During the same period in the previous year, the business posted $12.88 earnings per share. The firm's quarterly revenue was down 35.7% on a year-over-year basis. As a group, sell-side analysts forecast that Alpha Metallurgical Resources, Inc. will post 14.31 earnings per share for the current fiscal year.

Alpha Metallurgical Resources Company Profile

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.