GSA Capital Partners LLP Acquires Shares of 13,937 Warrior Met Coal $HCC

GSA Capital Partners LLP acquired a new stake in Warrior Met Coal (NYSE:HCC - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm acquired 13,937 shares of the company's stock, valued at approximately $1,131,000.

Several other hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its position in Warrior Met Coal by 2,821,294.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 987,488 shares of the company's stock worth $87,067,000 after purchasing an additional 987,453 shares during the last quarter. M&T Bank Corp bought a new position in Warrior Met Coal in the 4th quarter valued at $3,045,000. Geode Capital Management LLC increased its position in shares of Warrior Met Coal by 3.0% during the 4th quarter. Geode Capital Management LLC now owns 1,280,332 shares of the company's stock valued at $112,912,000 after purchasing an additional 37,057 shares during the last quarter. Hosking Partners LLP increased its position in shares of Warrior Met Coal by 2.9% during the 4th quarter. Hosking Partners LLP now owns 667,638 shares of the company's stock valued at $58,866,000 after purchasing an additional 19,030 shares during the last quarter. Finally, Capital International Investors raised its stake in shares of Warrior Met Coal by 17.1% during the 4th quarter. Capital International Investors now owns 998,103 shares of the company's stock worth $88,003,000 after purchasing an additional 145,700 shares during the period. Institutional investors own 92.28% of the company's stock.

Insider Buying and Selling

In other Warrior Met Coal news, insider Kelli K. Gant sold 20,000 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $110.00, for a total transaction of $2,200,000.00. Following the completion of the transaction, the insider owned 67,775 shares in the company, valued at $7,455,250. This trade represents a 22.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.10% of the stock is currently owned by company insiders.

Warrior Met Coal Stock Performance

Shares of HCC opened at $98.40 on Tuesday. The firm has a market cap of $5.20 billion, a PE ratio of 23.65 and a beta of 0.65. The stock's fifty day moving average price is $85.77 and its two-hundred day moving average price is $88.02. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.93 and a quick ratio of 2.79. 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 results on Wednesday, August 5th. The company reported $1.65 EPS for the quarter, beating analysts' consensus estimates of $1.40 by $0.25. The firm had revenue of $509.69 million for the quarter, compared to analysts' expectations of $488.46 million. Warrior Met Coal had a return on equity of 10.02% and a net margin of 13.05%.The business's revenue for the quarter was up 71.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.11 EPS. On average, equities research analysts forecast that Warrior Met Coal will post 5.74 EPS for the current year.

Warrior Met Coal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $0.32 annualized dividend and a yield of 0.3%. Warrior Met Coal's dividend payout ratio is 7.69%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on HCC. Wall Street Zen raised shares of Warrior Met Coal from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. B. Riley Financial raised their price objective on shares of Warrior Met Coal from $117.00 to $123.00 and gave the stock a "buy" rating in a report on Wednesday, June 10th. Citigroup reaffirmed a "buy" rating on shares of Warrior Met Coal in a research report on Wednesday, June 10th. 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 research note on Thursday, August 6th. Finally, Weiss Ratings raised shares of Warrior Met Coal from a "hold (c)" rating to a "hold (c+)" rating in a research report on Tuesday, August 11th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, Warrior Met Coal has an average rating of "Moderate Buy" and a consensus price target of $102.60.

Warrior Met Coal Profile

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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