Allianz Asset Management GmbH Has $68.86 Million Holdings in Warrior Met Coal (NYSE:HCC)

Allianz Asset Management GmbH boosted its stake in Warrior Met Coal (NYSE:HCC - Free Report) by 4.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,442,933 shares of the company's stock after buying an additional 64,288 shares during the period. Allianz Asset Management GmbH owned 2.75% of Warrior Met Coal worth $68,857,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC increased its position in Warrior Met Coal by 31.0% in the fourth quarter. Quadrant Capital Group LLC now owns 1,179 shares of the company's stock worth $64,000 after buying an additional 279 shares during the period. Sterling Capital Management LLC grew its stake in shares of Warrior Met Coal by 818.0% in the fourth quarter. Sterling Capital Management LLC now owns 1,634 shares of the company's stock worth $89,000 after purchasing an additional 1,456 shares in the last quarter. Covestor Ltd grew its stake in shares of Warrior Met Coal by 46.6% in the fourth quarter. Covestor Ltd now owns 2,287 shares of the company's stock worth $124,000 after purchasing an additional 727 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Warrior Met Coal by 5,565.4% in the first quarter. Farther Finance Advisors LLC now owns 2,946 shares of the company's stock worth $142,000 after purchasing an additional 2,894 shares in the last quarter. Finally, KBC Group NV grew its stake in shares of Warrior Met Coal by 41.8% in the first quarter. KBC Group NV now owns 3,033 shares of the company's stock worth $145,000 after purchasing an additional 894 shares in the last quarter. 92.28% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently issued reports on HCC. UBS Group decreased their price target on Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating for the company in a research note on Wednesday, May 7th. B. Riley reduced their target price on Warrior Met Coal from $76.00 to $74.00 and set a "buy" rating for the company in a report on Tuesday.

Warrior Met Coal Stock Down 1.7%

Shares of NYSE HCC traded down $1.03 during mid-day trading on Thursday, reaching $58.12. 1,018,247 shares of the company traded hands, compared to its average volume of 979,057. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.00 and a current ratio of 5.14. The stock has a market cap of $3.05 billion, a PE ratio of 28.87 and a beta of 0.67. The company's fifty day moving average is $47.75 and its two-hundred day moving average is $48.88. Warrior Met Coal has a fifty-two week low of $38.00 and a fifty-two week high of $75.15.

Warrior Met Coal (NYSE:HCC - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.11). The business had revenue of $299.94 million during the quarter, compared to analyst estimates of $296.39 million. Warrior Met Coal had a net margin of 7.98% and a return on equity of 5.41%. The business's quarterly revenue was down 40.4% compared to the same quarter last year. During the same period last year, the business earned $2.63 EPS. On average, analysts expect that Warrior Met Coal will post 4.86 earnings per share for the current year.

Warrior Met Coal 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.