Chiron Investment Management LLC Has $863,000 Stock Position in Peabody Energy Co. (NYSE:BTU)

Chiron Investment Management LLC grew its holdings in Peabody Energy Co. (NYSE:BTU - Free Report) by 368.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 41,222 shares of the coal producer's stock after purchasing an additional 32,422 shares during the quarter. Chiron Investment Management LLC's holdings in Peabody Energy were worth $863,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Mariner LLC lifted its position in Peabody Energy by 40.1% during the 4th quarter. Mariner LLC now owns 32,549 shares of the coal producer's stock valued at $682,000 after purchasing an additional 9,316 shares during the period. Summit Investment Advisors Inc. lifted its holdings in Peabody Energy by 5.5% in the fourth quarter. Summit Investment Advisors Inc. now owns 13,234 shares of the coal producer's stock valued at $277,000 after buying an additional 693 shares during the period. Townsquare Capital LLC acquired a new position in Peabody Energy in the fourth quarter valued at approximately $247,000. Rockefeller Capital Management L.P. boosted its stake in Peabody Energy by 1.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 278,081 shares of the coal producer's stock valued at $5,823,000 after acquiring an additional 4,552 shares during the last quarter. Finally, Sterling Capital Management LLC grew its holdings in Peabody Energy by 808.0% during the 4th quarter. Sterling Capital Management LLC now owns 3,986 shares of the coal producer's stock worth $83,000 after acquiring an additional 3,547 shares during the period. 87.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently weighed in on BTU. Jefferies Financial Group cut their price target on Peabody Energy from $30.00 to $26.00 and set a "buy" rating on the stock in a research note on Monday, January 6th. B. Riley cut their target price on Peabody Energy from $27.00 to $19.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Finally, Benchmark decreased their target price on Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a research report on Friday, February 7th.

Peabody Energy Trading Up 5.4 %

Shares of BTU stock traded up $0.66 on Friday, hitting $12.89. The stock had a trading volume of 3,847,850 shares, compared to its average volume of 3,202,324. The firm has a market cap of $1.57 billion, a P/E ratio of 4.77 and a beta of 0.52. Peabody Energy Co. has a twelve month low of $9.61 and a twelve month high of $29.94. The company has a current ratio of 2.15, a quick ratio of 1.68 and a debt-to-equity ratio of 0.27. The company has a fifty day moving average price of $13.50 and a two-hundred day moving average price of $19.54.

Peabody Energy (NYSE:BTU - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The coal producer reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.53 by ($0.25). Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%. As a group, analysts forecast that Peabody Energy Co. will post 2.61 earnings per share for the current fiscal year.

Peabody Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Wednesday, February 19th were issued a $0.075 dividend. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.33%. Peabody Energy's dividend payout ratio (DPR) is presently 11.11%.

Peabody Energy Company 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.