CenterBook Partners LP bought a new position in shares of Hallador Energy Company (NASDAQ:HNRG - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 31,825 shares of the energy company's stock, valued at approximately $391,000. CenterBook Partners LP owned 0.07% of Hallador Energy as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Hallador Energy by 4.0% during the 1st quarter. Vanguard Group Inc. now owns 1,693,561 shares of the energy company's stock worth $20,797,000 after buying an additional 65,652 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Hallador Energy by 32.5% in the 1st quarter. Exchange Traded Concepts LLC now owns 13,569 shares of the energy company's stock valued at $167,000 after buying an additional 3,330 shares during the period. Pullen Investment Management LLC purchased a new stake in shares of Hallador Energy in the 1st quarter valued at approximately $184,000. SummerHaven Investment Management LLC grew its stake in shares of Hallador Energy by 1.3% in the 1st quarter. SummerHaven Investment Management LLC now owns 106,750 shares of the energy company's stock valued at $1,311,000 after buying an additional 1,340 shares during the period. Finally, Rhumbline Advisers grew its stake in shares of Hallador Energy by 2.5% in the 1st quarter. Rhumbline Advisers now owns 37,607 shares of the energy company's stock valued at $462,000 after buying an additional 935 shares during the period. 61.38% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the stock. Northland Capmk raised shares of Hallador Energy to a "strong-buy" rating in a research note on Monday, May 19th. Wall Street Zen downgraded shares of Hallador Energy from a "buy" rating to a "hold" rating in a research note on Wednesday, May 21st. Northland Securities initiated coverage on shares of Hallador Energy in a research note on Monday, May 19th. They issued an "outperform" rating and a $23.00 price objective for the company. Finally, B. Riley raised their price objective on shares of Hallador Energy from $13.00 to $15.00 and gave the company a "buy" rating in a research note on Tuesday, April 1st. One analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Hallador Energy presently has an average rating of "Buy" and a consensus target price of $18.33.
Get Our Latest Stock Analysis on Hallador Energy
Insider Buying and Selling at Hallador Energy
In other Hallador Energy news, Director David C. Hardie sold 97,837 shares of the firm's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $19.05, for a total value of $1,863,794.85. Following the sale, the director owned 139,089 shares in the company, valued at approximately $2,649,645.45. This trade represents a 41.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 23.73% of the company's stock.
Hallador Energy Price Performance
Hallador Energy stock traded up $0.42 during mid-day trading on Friday, reaching $15.79. The company had a trading volume of 597,379 shares, compared to its average volume of 609,262. Hallador Energy Company has a 1 year low of $4.86 and a 1 year high of $19.71. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.60 and a quick ratio of 0.17. The company has a market capitalization of $678.59 million, a P/E ratio of -2.90 and a beta of 0.47. The stock's 50-day simple moving average is $16.63 and its 200-day simple moving average is $13.61.
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 business had revenue of $117.79 million during the quarter, compared to the consensus estimate of $98.70 million. Hallador Energy had a negative net margin of 52.50% and a positive return on equity of 0.31%. On average, equities analysts predict that Hallador Energy Company will post -0.31 EPS for the current year.
About Hallador Energy
(
Free Report)
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.
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