Aquatic Capital Management LLC Makes New $344,000 Investment in Warrior Met Coal, Inc. (NYSE:HCC)

Aquatic Capital Management LLC acquired a new position in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,335 shares of the company's stock, valued at approximately $344,000.

Several other hedge funds and other institutional investors have also modified their holdings of HCC. Dauntless Investment Group LLC acquired a new position in shares of Warrior Met Coal in the 4th quarter valued at $607,000. Integrated Wealth Concepts LLC bought a new position in Warrior Met Coal during the fourth quarter worth $2,774,000. Adage Capital Partners GP L.L.C. raised its stake in shares of Warrior Met Coal by 6.7% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 160,000 shares of the company's stock valued at $8,678,000 after purchasing an additional 10,000 shares in the last quarter. White Oak Capital Partners Pte. Ltd. acquired a new stake in Warrior Met Coal during the fourth quarter valued at approximately $445,000. Finally, T. Rowe Price Investment Management Inc. increased its stake in shares of Warrior Met Coal by 272.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,994,301 shares of the company's stock valued at $108,171,000 after buying an additional 1,458,279 shares in the last quarter. 92.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Warrior Met Coal Stock Performance

Shares of HCC traded down $0.62 during trading hours on Thursday, hitting $45.22. The company's stock had a trading volume of 410,635 shares, compared to its average volume of 937,383. The company has a market cap of $2.38 billion, a price-to-earnings ratio of 9.44 and a beta of 0.75. The business has a 50 day simple moving average of $47.34 and a two-hundred day simple moving average of $54.88. Warrior Met Coal, Inc. has a 52-week low of $38.00 and a 52-week high of $75.53. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.20 and a quick ratio of 3.99.

Warrior Met Coal (NYSE:HCC - Get Free Report) last announced 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). The business had revenue of $299.94 million during the quarter, compared to the consensus estimate of $296.39 million. Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. Warrior Met Coal's revenue was down 40.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.63 earnings per share. On average, equities analysts expect that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current fiscal year.

Warrior Met Coal Dividend Announcement

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

Warrior Met Coal Company 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.