GAMMA Investing LLC Has $432,000 Holdings in Peabody Energy Corporation (NYSE:BTU)

GAMMA Investing LLC grew its stake in Peabody Energy Corporation (NYSE:BTU - Free Report) by 1,433.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,883 shares of the coal producer's stock after purchasing an additional 29,804 shares during the period. GAMMA Investing LLC's holdings in Peabody Energy were worth $432,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP lifted its holdings in Peabody Energy by 1.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,346,729 shares of the coal producer's stock valued at $153,841,000 after purchasing an additional 88,466 shares during the last quarter. American Century Companies Inc. lifted its holdings in Peabody Energy by 6.0% during the 4th quarter. American Century Companies Inc. now owns 3,785,337 shares of the coal producer's stock valued at $79,265,000 after purchasing an additional 215,614 shares during the last quarter. Progeny 3 Inc. lifted its holdings in Peabody Energy by 1.1% during the 4th quarter. Progeny 3 Inc. now owns 3,620,014 shares of the coal producer's stock valued at $75,803,000 after purchasing an additional 40,000 shares during the last quarter. Northern Trust Corp lifted its holdings in Peabody Energy by 2.1% during the 4th quarter. Northern Trust Corp now owns 1,620,897 shares of the coal producer's stock valued at $33,942,000 after purchasing an additional 33,742 shares during the last quarter. Finally, Hudson Bay Capital Management LP lifted its holdings in Peabody Energy by 30.4% during the 4th quarter. Hudson Bay Capital Management LP now owns 1,543,915 shares of the coal producer's stock valued at $32,330,000 after purchasing an additional 360,000 shares during the last quarter. 87.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Peabody Energy Trading Down 0.6%

NYSE BTU traded down $0.08 during trading on Monday, reaching $13.34. 4,258,752 shares of the stock traded hands, compared to its average volume of 3,560,303. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 4.98 and a beta of 0.53. The stock's 50-day moving average price is $13.49 and its 200 day moving average price is $15.58. The company has a quick ratio of 1.77, a current ratio of 2.36 and a debt-to-equity ratio of 0.09. Peabody Energy Corporation has a fifty-two week low of $9.61 and a fifty-two week high of $29.94.

Peabody Energy (NYSE:BTU - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The coal producer reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.20. The firm had revenue of $937.00 million during the quarter, compared to analysts' expectations of $976.57 million. Peabody Energy had a net margin of 8.73% and a return on equity of 10.05%. The business's revenue for the quarter was down 4.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.30 earnings per share. Analysts predict that Peabody Energy Corporation will post 2.61 EPS for the current year.

Peabody Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Thursday, May 15th were issued a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend was Thursday, May 15th. Peabody Energy's dividend payout ratio (DPR) is presently 11.19%.

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.