Dimensional Fund Advisors LP Sells 11,901 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

Dimensional Fund Advisors LP reduced its stake in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,838,083 shares of the company's stock after selling 11,901 shares during the quarter. Dimensional Fund Advisors LP owned about 3.51% of Warrior Met Coal worth $99,700,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. River Road Asset Management LLC lifted its position in shares of Warrior Met Coal by 2.1% in the fourth quarter. River Road Asset Management LLC now owns 888,388 shares of the company's stock worth $48,186,000 after buying an additional 18,031 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Warrior Met Coal by 14.2% in the third quarter. JPMorgan Chase & Co. now owns 671,427 shares of the company's stock valued at $42,904,000 after purchasing an additional 83,331 shares in the last quarter. Hosking Partners LLP increased its holdings in shares of Warrior Met Coal by 9.6% in the 4th quarter. Hosking Partners LLP now owns 524,833 shares of the company's stock worth $28,467,000 after buying an additional 45,868 shares during the last quarter. Forest Avenue Capital Management LP grew its position in Warrior Met Coal by 32.5% in the fourth quarter. Forest Avenue Capital Management LP now owns 545,189 shares of the company's stock worth $29,571,000 after acquiring an additional 133,642 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in Warrior Met Coal during the fourth quarter worth approximately $1,300,000. Hedge funds and other institutional investors own 92.28% of the company's stock.

Warrior Met Coal Trading Down 1.9 %

HCC traded down $0.92 during trading hours on Wednesday, reaching $47.73. 1,139,256 shares of the company's stock traded hands, compared to its average volume of 784,185. The company has a quick ratio of 3.99, a current ratio of 5.20 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average price of $47.62 and a 200 day moving average price of $55.53. Warrior Met Coal, Inc. has a 52-week low of $38.00 and a 52-week high of $75.53. The firm has a market capitalization of $2.51 billion, a PE ratio of 9.96 and a beta of 0.80.

Warrior Met Coal (NYSE:HCC - Get Free Report) last issued its earnings results 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, sell-side analysts predict that Warrior Met Coal, Inc. will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 12th. Stockholders of record on Monday, May 5th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Monday, May 5th. Warrior Met Coal's dividend payout ratio is presently 6.68%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on HCC. Jefferies Financial Group lowered their price objective on Warrior Met Coal from $75.00 to $65.00 and set a "buy" rating for the company in a research note on Monday, January 6th. Benchmark reaffirmed a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Finally, B. Riley reduced their target price on shares of Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating on the stock in a research note on Friday, April 11th.

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.