Great Lakes Advisors LLC Invests $3.65 Million in Warrior Met Coal $HCC

Great Lakes Advisors LLC acquired a new stake in Warrior Met Coal (NYSE:HCC - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 44,925 shares of the company's stock, valued at approximately $3,646,000. Great Lakes Advisors LLC owned about 0.09% of Warrior Met Coal as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Maryland State Retirement & Pension System grew its holdings in shares of Warrior Met Coal by 1.6% in the fourth quarter. Maryland State Retirement & Pension System now owns 7,678 shares of the company's stock worth $677,000 after purchasing an additional 121 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in shares of Warrior Met Coal by 1.3% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 12,027 shares of the company's stock valued at $1,060,000 after purchasing an additional 149 shares during the period. Kestra Advisory Services LLC boosted its holdings in shares of Warrior Met Coal by 1.5% in the first quarter. Kestra Advisory Services LLC now owns 11,440 shares of the company's stock valued at $1,066,000 after purchasing an additional 172 shares during the period. BTC Capital Management Inc. grew its stake in Warrior Met Coal by 3.0% in the first quarter. BTC Capital Management Inc. now owns 7,824 shares of the company's stock worth $729,000 after purchasing an additional 225 shares in the last quarter. Finally, Gotham Asset Management LLC increased its holdings in Warrior Met Coal by 1.7% during the 4th quarter. Gotham Asset Management LLC now owns 13,213 shares of the company's stock worth $1,165,000 after purchasing an additional 227 shares during the period. Hedge funds and other institutional investors own 92.28% of the company's stock.

Wall Street Analysts Forecast Growth

HCC has been the subject of a number of research analyst reports. Weiss Ratings raised Warrior Met Coal from a "hold (c)" rating to a "hold (c+)" rating in a research report on Tuesday, August 11th. Zacks Research downgraded Warrior Met Coal from a "strong-buy" rating to a "hold" rating in a report on Friday, August 7th. Wall Street Zen raised shares of Warrior Met Coal from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. UBS Group dropped their target price on shares of Warrior Met Coal from $100.00 to $98.00 and set a "buy" rating on the stock in a report on Thursday, August 6th. Finally, B. Riley Financial boosted their price target on shares of Warrior Met Coal from $117.00 to $123.00 and gave the company a "buy" rating in a report on Wednesday, June 10th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $102.60.

Warrior Met Coal Price Performance

HCC opened at $103.39 on Friday. The firm has a market capitalization of $5.46 billion, a PE ratio of 24.85 and a beta of 0.65. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.93 and a quick ratio of 2.79. The business's 50-day moving average is $86.20 and its two-hundred day moving average is $88.27. Warrior Met Coal has a 1 year low of $54.66 and a 1 year high of $110.39.

Warrior Met Coal (NYSE:HCC - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $1.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.40 by $0.25. The firm had revenue of $509.69 million for the quarter, compared to the consensus estimate of $488.46 million. Warrior Met Coal had a net margin of 13.05% and a return on equity of 10.02%. The company's quarterly revenue was up 71.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.11 EPS. Research analysts anticipate that Warrior Met Coal will post 5.74 earnings per share for the current fiscal year.

Warrior Met Coal Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 10th were given a $0.08 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.3%. Warrior Met Coal's dividend payout ratio (DPR) is presently 7.69%.

Insider Buying and Selling at Warrior Met Coal

In related news, insider Kelli K. Gant sold 20,000 shares of the business's stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $110.00, for a total transaction of $2,200,000.00. Following the transaction, the insider directly owned 67,775 shares in the company, valued at $7,455,250. The trade was a 22.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.10% of the stock is owned by insiders.

About Warrior Met Coal

Warrior Met Coal NYSE: HCC is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama's Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal's product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.

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