BNP Paribas Financial Markets Has $5.32 Million Position in Peabody Energy Co. (NYSE:BTU)

BNP Paribas Financial Markets grew its holdings in Peabody Energy Co. (NYSE:BTU - Free Report) by 117.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 254,131 shares of the coal producer's stock after purchasing an additional 137,060 shares during the period. BNP Paribas Financial Markets owned approximately 0.21% of Peabody Energy worth $5,322,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of BTU. Smartleaf Asset Management LLC boosted its stake in shares of Peabody Energy by 167.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,189 shares of the coal producer's stock valued at $25,000 after buying an additional 744 shares during the period. Quarry LP acquired a new position in Peabody Energy in the fourth quarter worth approximately $26,000. Byrne Asset Management LLC increased its holdings in Peabody Energy by 63.3% in the fourth quarter. Byrne Asset Management LLC now owns 1,755 shares of the coal producer's stock worth $37,000 after buying an additional 680 shares during the last quarter. Altshuler Shaham Ltd increased its holdings in Peabody Energy by 45.0% in the fourth quarter. Altshuler Shaham Ltd now owns 2,900 shares of the coal producer's stock worth $61,000 after buying an additional 900 shares during the last quarter. Finally, Natixis acquired a new position in Peabody Energy in the fourth quarter worth approximately $67,000. Hedge funds and other institutional investors own 87.44% of the company's stock.

Analysts Set New Price Targets

BTU has been the topic of a number of research reports. Benchmark dropped their price objective on Peabody Energy from $26.00 to $23.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. B. Riley reduced their price target on Peabody Energy from $27.00 to $19.00 and set a "buy" rating for the company in a research report on Friday, April 11th.

Peabody Energy Stock Up 3.0%

Shares of NYSE:BTU traded up $0.44 on Friday, reaching $14.75. The company had a trading volume of 4,579,715 shares, compared to its average volume of 3,421,277. Peabody Energy Co. has a twelve month low of $9.61 and a twelve month high of $29.94. The stock has a 50-day moving average price of $13.11 and a 200 day moving average price of $17.87. The stock has a market capitalization of $1.79 billion, a P/E ratio of 5.46 and a beta of 0.49. The company has a quick ratio of 1.68, a current ratio of 2.15 and a debt-to-equity ratio of 0.27.

Peabody Energy (NYSE:BTU - Get Free Report) last released its earnings results on Tuesday, May 6th. The coal producer reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.20. The firm had revenue of $937.00 million during the quarter, compared to analyst estimates of $976.57 million. Peabody Energy had a net margin of 8.75% and a return on equity of 10.33%. The business's revenue was down 4.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.30 EPS. On average, equities analysts expect that Peabody Energy Co. will post 2.61 EPS for the current year.

Peabody Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.075 per share. The ex-dividend date is Thursday, May 15th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.03%. Peabody Energy's dividend payout ratio (DPR) is presently 11.19%.

Peabody Energy Profile

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.