Dauntless Investment Group LLC Invests $607,000 in Warrior Met Coal, Inc. (NYSE:HCC)

Dauntless Investment Group LLC bought a new position in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,190 shares of the company's stock, valued at approximately $607,000. Warrior Met Coal comprises 0.6% of Dauntless Investment Group LLC's investment portfolio, making the stock its 16th biggest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HCC. FNY Investment Advisers LLC purchased a new position in shares of Warrior Met Coal in the 4th quarter valued at approximately $43,000. GAMMA Investing LLC increased its stake in Warrior Met Coal by 56.7% in the 4th quarter. GAMMA Investing LLC now owns 989 shares of the company's stock valued at $54,000 after buying an additional 358 shares during the period. Quadrant Capital Group LLC lifted its stake in shares of 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 acquiring an additional 279 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of Warrior Met Coal by 304.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company's stock valued at $75,000 after acquiring an additional 1,040 shares in the last quarter. Finally, Sterling Capital Management LLC increased its stake in shares of Warrior Met Coal by 818.0% during the fourth quarter. Sterling Capital Management LLC now owns 1,634 shares of the company's stock worth $89,000 after acquiring an additional 1,456 shares during the period. 92.28% of the stock is owned by institutional investors and hedge funds.

Warrior Met Coal Price Performance

Shares of NYSE:HCC traded down $0.56 during midday trading on Tuesday, hitting $48.31. 346,550 shares of the stock were exchanged, compared to its average volume of 780,082. Warrior Met Coal, Inc. has a twelve month low of $38.00 and a twelve month high of $75.53. The company has a current ratio of 5.20, a quick ratio of 3.99 and a debt-to-equity ratio of 0.09. The company has a 50 day moving average price of $47.62 and a 200-day moving average price of $55.58. The stock has a market cap of $2.54 billion, a P/E ratio of 10.06 and a beta of 0.80.

Warrior Met Coal (NYSE:HCC - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.34). Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. The business had revenue of $297.47 million during the quarter, compared to analysts' expectations of $331.70 million. On average, research analysts forecast that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current year.

Warrior Met Coal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, May 12th. Shareholders of record on Monday, May 5th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.66%. The ex-dividend date is Monday, May 5th. Warrior Met Coal's payout ratio is 6.68%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on HCC. Jefferies Financial Group lowered their price objective 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. Benchmark restated a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Finally, B. Riley cut their price objective on Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating for the company in a research report on Friday, April 11th.

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.