7,000 Shares in Warrior Met Coal (NYSE:HCC) Purchased by CWA Asset Management Group LLC

CWA Asset Management Group LLC purchased a new position in shares of Warrior Met Coal (NYSE:HCC - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7,000 shares of the company's stock, valued at approximately $334,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. FNY Investment Advisers LLC grew its stake in Warrior Met Coal by 325.0% in the 1st quarter. FNY Investment Advisers LLC now owns 3,400 shares of the company's stock worth $162,000 after acquiring an additional 2,600 shares during the period. SummerHaven Investment Management LLC grew its holdings in Warrior Met Coal by 2.5% in the first quarter. SummerHaven Investment Management LLC now owns 11,350 shares of the company's stock valued at $542,000 after purchasing an additional 272 shares during the period. Farther Finance Advisors LLC increased its stake in Warrior Met Coal by 5,565.4% during the first quarter. Farther Finance Advisors LLC now owns 2,946 shares of the company's stock worth $142,000 after acquiring an additional 2,894 shares during the last quarter. Vest Financial LLC purchased a new position in Warrior Met Coal in the first quarter valued at approximately $2,590,000. Finally, O Keefe Stevens Advisory Inc. lifted its holdings in shares of Warrior Met Coal by 2.9% during the 1st quarter. O Keefe Stevens Advisory Inc. now owns 276,020 shares of the company's stock valued at $13,172,000 after acquiring an additional 7,758 shares in the last quarter. 92.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HCC has been the subject of several analyst reports. UBS Group decreased their target price on Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating for the company in a research report on Wednesday, May 7th. B. Riley decreased their price target on Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating for the company in a report on Friday, April 11th.

Warrior Met Coal Stock Down 3.4%

NYSE:HCC traded down $1.43 on Wednesday, reaching $41.18. The stock had a trading volume of 1,187,380 shares, compared to its average volume of 823,834. The company has a 50-day moving average of $47.06 and a 200 day moving average of $49.97. The company has a current ratio of 5.14, a quick ratio of 4.00 and a debt-to-equity ratio of 0.09. The stock has a market cap of $2.16 billion, a P/E ratio of 19.91 and a beta of 0.69. Warrior Met Coal has a 12-month low of $38.00 and a 12-month high of $75.53.

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

Warrior Met Coal Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, May 12th. Stockholders of record on Monday, May 5th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend was Monday, May 5th. Warrior Met Coal's payout ratio is currently 15.92%.

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.