Exchange Traded Concepts LLC trimmed its position in shares of Warrior Met Coal (NYSE:HCC - Free Report) by 26.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,718 shares of the company's stock after selling 9,196 shares during the period. Exchange Traded Concepts LLC's holdings in Warrior Met Coal were worth $1,227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently modified their holdings of the company. Quadrant Capital Group LLC increased its position in shares of Warrior Met Coal by 31.0% during the 4th quarter. Quadrant Capital Group LLC now owns 1,179 shares of the company's stock valued at $64,000 after purchasing an additional 279 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of Warrior Met Coal by 304.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company's stock valued at $75,000 after purchasing an additional 1,040 shares during the last quarter. Sterling Capital Management LLC increased its position in shares of Warrior Met Coal by 818.0% during the 4th quarter. Sterling Capital Management LLC now owns 1,634 shares of the company's stock valued at $89,000 after purchasing an additional 1,456 shares during the last quarter. Wolverine Asset Management LLC increased its position in shares of Warrior Met Coal by 264.4% during the 4th quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company's stock valued at $94,000 after purchasing an additional 2,800 shares during the last quarter. Finally, Covestor Ltd increased its position in shares of Warrior Met Coal by 46.6% during the 4th quarter. Covestor Ltd now owns 2,287 shares of the company's stock valued at $124,000 after purchasing an additional 727 shares during the last quarter. Institutional investors own 92.28% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. UBS Group cut their target price on Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 7th. B. Riley cut their price objective on Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating on the stock in a research report on Friday, April 11th.
Check Out Our Latest Stock Analysis on Warrior Met Coal
Warrior Met Coal Stock Performance
Shares of Warrior Met Coal stock opened at $46.96 on Thursday. The stock's fifty day moving average is $47.23 and its two-hundred day moving average is $50.73. The company has a market capitalization of $2.47 billion, a PE ratio of 23.36 and a beta of 0.69. The company has a quick ratio of 4.00, a current ratio of 5.14 and a debt-to-equity ratio of 0.09. Warrior Met Coal has a 52 week low of $38.00 and a 52 week high of $75.53.
Warrior Met Coal (NYSE:HCC - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.11). The business had revenue of $299.94 million during the quarter, compared to the consensus estimate 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 revenue was down 40.4% compared to the same quarter last year. During the same period last year, the company earned $2.63 EPS. As a group, analysts expect that Warrior Met Coal will post 4.86 earnings per share for the current year.
Warrior Met Coal Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, May 12th. Shareholders of record on Monday, May 5th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.68%. The ex-dividend date was Monday, May 5th. Warrior Met Coal's dividend payout ratio is 15.92%.
Warrior Met Coal Profile
(
Free Report)
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.
See Also
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