BNP Paribas Financial Markets Buys 25,665 Shares of Hallador Energy (NASDAQ:HNRG)

BNP Paribas Financial Markets lifted its position in Hallador Energy (NASDAQ:HNRG - Free Report) by 517.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 30,629 shares of the energy company's stock after buying an additional 25,665 shares during the quarter. BNP Paribas Financial Markets owned about 0.07% of Hallador Energy worth $351,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in HNRG. Bleakley Financial Group LLC bought a new stake in shares of Hallador Energy in the 4th quarter valued at approximately $171,000. Empowered Funds LLC grew its stake in shares of Hallador Energy by 5.1% in the 4th quarter. Empowered Funds LLC now owns 233,185 shares of the energy company's stock valued at $2,670,000 after buying an additional 11,288 shares in the last quarter. Savant Capital LLC grew its stake in shares of Hallador Energy by 9.1% in the 4th quarter. Savant Capital LLC now owns 24,717 shares of the energy company's stock valued at $283,000 after buying an additional 2,055 shares in the last quarter. Rhumbline Advisers grew its stake in shares of Hallador Energy by 3.0% in the 4th quarter. Rhumbline Advisers now owns 36,672 shares of the energy company's stock valued at $420,000 after buying an additional 1,068 shares in the last quarter. Finally, Peloton Wealth Strategists bought a new stake in shares of Hallador Energy in the 4th quarter valued at approximately $218,000. Institutional investors own 61.38% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on HNRG. Northland Securities began coverage on Hallador Energy in a report on Monday, May 19th. They issued an "outperform" rating and a $23.00 target price for the company. B. Riley boosted their target price on Hallador Energy from $13.00 to $15.00 and gave the stock a "buy" rating in a report on Tuesday, April 1st. Northland Capmk upgraded Hallador Energy to a "strong-buy" rating in a report on Monday, May 19th. Finally, Wall Street Zen lowered Hallador Energy from a "buy" rating to a "hold" rating in a report on Wednesday, May 21st. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $18.33.

Hallador Energy Stock Performance

Shares of HNRG stock traded down $0.39 during trading hours on Thursday, reaching $17.55. 550,134 shares of the company's stock were exchanged, compared to its average volume of 599,941. Hallador Energy has a fifty-two week low of $4.86 and a fifty-two week high of $19.71. The stock has a market capitalization of $754.23 million, a P/E ratio of -31.91 and a beta of 0.42. The business has a fifty day moving average price of $14.67 and a 200-day moving average price of $12.60. The company has a quick ratio of 0.17, a current ratio of 0.58 and a debt-to-equity ratio of 0.16.

Hallador Energy (NASDAQ:HNRG - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The energy company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of ($0.16) by $0.39. The company had revenue of $117.79 million during the quarter, compared to analyst estimates of $98.70 million. Hallador Energy had a negative return on equity of 6.71% and a negative net margin of 4.85%. Analysts predict that Hallador Energy will post -0.31 EPS for the current fiscal year.

Insider Activity

In other news, Director David C. Hardie sold 97,837 shares of the business's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $19.05, for a total transaction of $1,863,794.85. Following the sale, the director now directly owns 139,089 shares in the company, valued at approximately $2,649,645.45. The trade was a 41.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 23.73% of the stock is currently owned by company insiders.

Hallador Energy Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.