Boston Partners Makes New $938,000 Investment in Peabody Energy Corporation $BTU

Boston Partners bought a new stake in Peabody Energy Corporation (NYSE:BTU - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 69,207 shares of the coal producer's stock, valued at approximately $938,000. Boston Partners owned about 0.06% of Peabody Energy as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of BTU. Quarry LP acquired a new stake in Peabody Energy in the 4th quarter valued at approximately $26,000. Allworth Financial LP increased its position in shares of Peabody Energy by 315.0% during the 1st quarter. Allworth Financial LP now owns 2,125 shares of the coal producer's stock worth $27,000 after purchasing an additional 1,613 shares during the last quarter. Harbor Capital Advisors Inc. increased its position in shares of Peabody Energy by 70.7% during the 1st quarter. Harbor Capital Advisors Inc. now owns 3,092 shares of the coal producer's stock worth $42,000 after purchasing an additional 1,281 shares during the last quarter. Byrne Asset Management LLC increased its position in shares of Peabody Energy by 84.9% during the 1st quarter. Byrne Asset Management LLC now owns 3,245 shares of the coal producer's stock worth $44,000 after purchasing an additional 1,490 shares during the last quarter. Finally, Garde Capital Inc. acquired a new position in shares of Peabody Energy during the 1st quarter worth approximately $46,000. Institutional investors and hedge funds own 87.44% of the company's stock.

Peabody Energy Trading Up 3.9%

Shares of BTU stock traded up $0.6220 on Friday, hitting $16.6420. The company had a trading volume of 2,204,513 shares, compared to its average volume of 4,768,216. Peabody Energy Corporation has a twelve month low of $9.61 and a twelve month high of $29.94. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.64 and a current ratio of 2.21. The stock's 50-day moving average is $15.42 and its two-hundred day moving average is $14.33. The firm has a market cap of $2.02 billion, a P/E ratio of 16.15 and a beta of 0.53.

Peabody Energy (NYSE:BTU - Get Free Report) last announced its earnings results on Thursday, July 31st. The coal producer reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.02). The business had revenue of $890.10 million for the quarter, compared to the consensus estimate of $944.27 million. Peabody Energy had a net margin of 3.43% and a return on equity of 4.41%. The firm's revenue for the quarter was down 14.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.42 EPS. On average, equities research analysts anticipate that Peabody Energy Corporation will post 2.61 earnings per share for the current fiscal year.

Peabody Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 3rd. Investors of record on Thursday, August 14th will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Thursday, August 14th. Peabody Energy's dividend payout ratio (DPR) is presently 29.13%.

Analyst Ratings Changes

A number of research firms recently weighed in on BTU. Wall Street Zen lowered Peabody Energy from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. UBS Group boosted their price target on Peabody Energy from $14.00 to $15.50 and gave the company a "neutral" rating in a research note on Wednesday. Finally, Benchmark cut their target price on Peabody Energy from $26.00 to $23.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Peabody Energy presently has an average rating of "Moderate Buy" and an average price target of $21.90.

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.