Hallador Energy Company $HNRG Shares Purchased by Militia Capital Partners LP

Key Points

• Militia Capital Partners LP increased its holdings in Hallador Energy Company (NASDAQ:HNRG) by 148.2% in the first quarter, owning 54,600 shares valued at approximately $670,000.
• Several large investors, including BNP Paribas Financial Markets and Point72 Asset Management, also significantly boosted their positions in Hallador Energy during the fourth quarter, illustrating strong interest from institutional investors.
• Analysts have mixed ratings for HNRG, with ratings ranging from "strong-buy" to "neutral," and a consensus price target currently set at $19.00.

Militia Capital Partners LP boosted its holdings in Hallador Energy Company (NASDAQ:HNRG - Free Report) by 148.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,600 shares of the energy company's stock after acquiring an additional 32,600 shares during the quarter. Militia Capital Partners LP owned 0.13% of Hallador Energy worth $670,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in HNRG. BNP Paribas Financial Markets increased its position in Hallador Energy by 517.0% in the 4th quarter. BNP Paribas Financial Markets now owns 30,629 shares of the energy company's stock valued at $351,000 after acquiring an additional 25,665 shares during the period. Deutsche Bank AG increased its position in Hallador Energy by 36.5% in the 4th quarter. Deutsche Bank AG now owns 18,207 shares of the energy company's stock valued at $208,000 after acquiring an additional 4,872 shares during the period. Quantinno Capital Management LP increased its position in Hallador Energy by 17.0% in the 4th quarter. Quantinno Capital Management LP now owns 11,915 shares of the energy company's stock valued at $136,000 after acquiring an additional 1,729 shares during the period. Point72 Asset Management L.P. increased its position in Hallador Energy by 4,460.2% in the 4th quarter. Point72 Asset Management L.P. now owns 1,097,500 shares of the energy company's stock valued at $12,566,000 after acquiring an additional 1,073,433 shares during the period. Finally, Taconic Capital Advisors LP increased its position in Hallador Energy by 5.7% in the 4th quarter. Taconic Capital Advisors LP now owns 464,732 shares of the energy company's stock valued at $5,321,000 after acquiring an additional 25,008 shares during the period. 61.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented on HNRG shares. Northland Securities started coverage on Hallador Energy in a research report on Monday, May 19th. They issued an "outperform" rating and a $23.00 target price on the stock. Northland Capmk upgraded Hallador Energy to a "strong-buy" rating in a research report on Monday, May 19th. Wall Street Zen raised Hallador Energy from a "hold" rating to a "buy" rating in a research note on Saturday, September 6th. B. Riley lowered Hallador Energy from a "buy" rating to a "neutral" rating and increased their price target for the company from $15.00 to $17.00 in a research note on Tuesday, August 12th. Finally, Citigroup lowered Hallador Energy to a "neutral" rating in a research note on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $19.00.

Hallador Energy Stock Performance

HNRG opened at $17.11 on Friday. The firm has a market cap of $735.90 million, a PE ratio of -3.43 and a beta of 0.45. The company has a quick ratio of 0.26, a current ratio of 0.67 and a debt-to-equity ratio of 0.25. The business has a fifty day simple moving average of $16.78 and a 200-day simple moving average of $15.08. Hallador Energy Company has a fifty-two week low of $6.20 and a fifty-two week high of $22.01.

Hallador Energy (NASDAQ:HNRG - Get Free Report) last released its quarterly earnings data on Monday, August 11th. The energy company reported $0.19 earnings per share for the quarter, topping the consensus estimate of ($0.15) by $0.34. The business had revenue of $102.89 million during the quarter, compared to analyst estimates of $91.73 million. Hallador Energy had a positive return on equity of 11.58% and a negative net margin of 46.61%. As a group, equities analysts predict that Hallador Energy Company will post -0.31 EPS for the current fiscal year.

Insider Buying and Selling at Hallador Energy

In other Hallador Energy news, Director Charles Ray Iv Wesley bought 20,000 shares of the firm's stock in a transaction dated Tuesday, August 19th. The stock was acquired at an average price of $15.27 per share, with a total value of $305,400.00. Following the completion of the transaction, the director directly owned 234,914 shares in the company, valued at approximately $3,587,136.78. This represents a 9.31% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 23.73% of the stock is currently owned by corporate insiders.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.

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