Barclays PLC Trims Stock Holdings in Warrior Met Coal, Inc. (NYSE:HCC)

Barclays PLC reduced its stake in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 11.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 89,230 shares of the company's stock after selling 12,072 shares during the period. Barclays PLC owned 0.17% of Warrior Met Coal worth $4,840,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Summit Investment Advisors Inc. lifted its holdings in Warrior Met Coal by 5.0% during the fourth quarter. Summit Investment Advisors Inc. now owns 5,424 shares of the company's stock valued at $294,000 after purchasing an additional 260 shares in the last quarter. Graham Capital Wealth Management LLC lifted its stake in shares of Warrior Met Coal by 0.6% during the 4th quarter. Graham Capital Wealth Management LLC now owns 47,818 shares of the company's stock valued at $2,594,000 after buying an additional 273 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in Warrior Met Coal by 2.6% in the 4th quarter. Sanctuary Advisors LLC now owns 10,800 shares of the company's stock worth $577,000 after buying an additional 276 shares during the period. Quadrant Capital Group LLC increased its stake in Warrior Met Coal by 31.0% in the 4th quarter. Quadrant Capital Group LLC now owns 1,179 shares of the company's stock worth $64,000 after buying an additional 279 shares in the last quarter. Finally, HighTower Advisors LLC raised its holdings in Warrior Met Coal by 5.6% during the fourth quarter. HighTower Advisors LLC now owns 5,878 shares of the company's stock valued at $319,000 after acquiring an additional 314 shares during the period. 92.28% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Benchmark reissued a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Jefferies Financial Group reduced their target price on Warrior Met Coal from $75.00 to $65.00 and set a "buy" rating on the stock in a report on Monday, January 6th. Finally, B. Riley dropped their price target 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.

Warrior Met Coal Price Performance

Shares of NYSE:HCC traded down $0.92 on Wednesday, reaching $47.73. The company's stock had a trading volume of 1,139,256 shares, compared to its average volume of 784,185. The company has a 50-day simple moving average of $47.62 and a 200 day simple moving average of $55.53. 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 quick ratio of 3.99 and a current ratio of 5.20. The company has a market cap of $2.51 billion, a P/E ratio of 9.96 and a beta of 0.80.

Warrior Met Coal (NYSE:HCC - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.28). Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. As a group, equities research analysts anticipate that Warrior Met Coal, Inc. will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Dividend Announcement

The company 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 $0.08 dividend. The ex-dividend date of this dividend is Monday, May 5th. This represents a $0.32 annualized dividend and a dividend yield of 0.67%. Warrior Met Coal's dividend payout ratio (DPR) is presently 6.68%.

About Warrior Met Coal

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.