Exchange Traded Concepts LLC Buys 36,558 Shares of Peabody Energy Corporation (NYSE:BTU)

Exchange Traded Concepts LLC grew its holdings in shares of Peabody Energy Corporation (NYSE:BTU - Free Report) by 182.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 56,621 shares of the coal producer's stock after buying an additional 36,558 shares during the quarter. Exchange Traded Concepts LLC's holdings in Peabody Energy were worth $767,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Smartleaf Asset Management LLC lifted its position in shares of Peabody Energy by 167.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,189 shares of the coal producer's stock worth $25,000 after purchasing an additional 744 shares in the last quarter. Quarry LP acquired a new stake in shares of Peabody Energy during the fourth quarter worth $26,000. Altshuler Shaham Ltd grew its position in shares of Peabody Energy by 45.0% during the fourth quarter. Altshuler Shaham Ltd now owns 2,900 shares of the coal producer's stock worth $61,000 after acquiring an additional 900 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in shares of Peabody Energy by 70.7% during the first quarter. Harbor Capital Advisors Inc. now owns 3,092 shares of the coal producer's stock worth $42,000 after acquiring an additional 1,281 shares during the last quarter. Finally, Natixis bought a new position in shares of Peabody Energy during the fourth quarter worth about $67,000. 87.44% of the stock is owned by institutional investors and hedge funds.

Peabody Energy Stock Down 5.9%

Shares of Peabody Energy stock traded down $0.84 during trading on Friday, hitting $13.44. 6,605,133 shares of the stock traded hands, compared to its average volume of 3,557,472. The stock has a market cap of $1.63 billion, a P/E ratio of 5.01 and a beta of 0.53. The company has a fifty day moving average price of $13.49 and a two-hundred day moving average price of $15.63. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.77 and a current ratio of 2.36. Peabody Energy Corporation has a twelve month low of $9.61 and a twelve month high of $29.94.

Peabody Energy (NYSE:BTU - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The coal producer reported $0.27 EPS for the quarter, beating the consensus estimate of $0.07 by $0.20. The company had revenue of $937.00 million for the quarter, compared to the consensus estimate of $976.57 million. Peabody Energy had a return on equity of 10.05% and a net margin of 8.73%. The company's revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.30 earnings per share. Equities research analysts predict that Peabody Energy Corporation will post 2.61 EPS for the current fiscal year.

Peabody Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Thursday, May 15th were paid a $0.075 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $0.30 annualized dividend and a dividend yield of 2.23%. Peabody Energy's payout ratio is 11.19%.

Wall Street Analyst Weigh In

BTU has been the subject of a number of recent analyst reports. B. Riley decreased their target price on shares of Peabody Energy from $27.00 to $19.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Benchmark dropped their target price on shares of Peabody Energy from $26.00 to $23.00 and set a "buy" rating on the stock in a research report on Wednesday, May 7th.

Peabody Energy Profile

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.