Deutsche Bank AG Has $8.08 Million Stake in Peabody Energy Co. (NYSE:BTU)

Deutsche Bank AG increased its stake in shares of Peabody Energy Co. (NYSE:BTU - Free Report) by 9.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 385,988 shares of the coal producer's stock after purchasing an additional 34,425 shares during the quarter. Deutsche Bank AG owned approximately 0.32% of Peabody Energy worth $8,083,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in BTU. Smartleaf Asset Management LLC lifted its stake in Peabody Energy by 167.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,189 shares of the coal producer's stock valued at $25,000 after acquiring an additional 744 shares during the last quarter. Quarry LP bought a new position in Peabody Energy during the fourth quarter worth $26,000. Byrne Asset Management LLC increased its position in Peabody Energy by 63.3% during the fourth quarter. Byrne Asset Management LLC now owns 1,755 shares of the coal producer's stock worth $37,000 after acquiring an additional 680 shares during the period. Altshuler Shaham Ltd increased its position in Peabody Energy by 45.0% during the fourth quarter. Altshuler Shaham Ltd now owns 2,900 shares of the coal producer's stock worth $61,000 after acquiring an additional 900 shares during the period. Finally, Natixis bought a new position in shares of Peabody Energy during the 4th quarter worth about $67,000. 87.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on BTU. Benchmark lowered their target price on shares of 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 shares of Peabody Energy from $27.00 to $19.00 and set a "buy" rating on the stock in a research report on Friday, April 11th.

Peabody Energy Stock Down 0.2%

Shares of NYSE BTU traded down $0.03 during midday trading on Tuesday, reaching $14.04. The company's stock had a trading volume of 2,409,736 shares, compared to its average volume of 3,425,246. The company has a current ratio of 2.15, a quick ratio of 1.68 and a debt-to-equity ratio of 0.27. Peabody Energy Co. has a fifty-two week low of $9.61 and a fifty-two week high of $29.94. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 5.20 and a beta of 0.49. The stock has a 50 day simple moving average of $13.14 and a 200-day simple moving average of $17.68.

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, beating the consensus estimate of $0.07 by $0.20. Peabody Energy had a net margin of 8.75% and a return on equity of 10.33%. The business had revenue of $937.00 million during the quarter, compared to analysts' expectations of $976.57 million. During the same period last year, the business earned $0.30 earnings per share. The firm's revenue was down 4.7% on a year-over-year basis. Equities research analysts predict that Peabody Energy Co. will post 2.61 earnings per share for the current year.

Peabody Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Thursday, May 15th will be given a $0.075 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.14%. Peabody Energy's payout ratio is presently 11.19%.

About Peabody Energy

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.