Krilogy Financial LLC acquired a new position in shares of Peabody Energy Corporation (NYSE:BTU - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 48,872 shares of the coal producer's stock, valued at approximately $662,000.
A number of other large investors have also recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its holdings in Peabody Energy by 1.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,346,729 shares of the coal producer's stock worth $153,841,000 after buying an additional 88,466 shares in the last quarter. American Century Companies Inc. raised its position in shares of Peabody Energy by 6.0% in the fourth quarter. American Century Companies Inc. now owns 3,785,337 shares of the coal producer's stock worth $79,265,000 after acquiring an additional 215,614 shares during the period. Progeny 3 Inc. boosted its stake in shares of Peabody Energy by 1.1% during the 4th quarter. Progeny 3 Inc. now owns 3,620,014 shares of the coal producer's stock worth $75,803,000 after acquiring an additional 40,000 shares in the last quarter. Northern Trust Corp boosted its stake in shares of Peabody Energy by 2.1% during the 4th quarter. Northern Trust Corp now owns 1,620,897 shares of the coal producer's stock worth $33,942,000 after acquiring an additional 33,742 shares in the last quarter. Finally, Hudson Bay Capital Management LP grew its position in shares of 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 acquiring an additional 360,000 shares during the period. 87.44% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several brokerages recently commented on BTU. B. Riley dropped their price target on 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 decreased their price target on shares of Peabody Energy from $26.00 to $23.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th.
Get Our Latest Stock Report on Peabody Energy
Peabody Energy Stock Performance
BTU traded up $0.19 during trading on Wednesday, hitting $14.26. 2,370,680 shares of the stock were exchanged, compared to its average volume of 3,535,382. 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 1-year low of $9.61 and a 1-year high of $29.94. The stock has a fifty day moving average price of $13.38 and a two-hundred day moving average price of $15.83. The firm has a market capitalization of $1.73 billion, a P/E ratio of 5.32 and a beta of 0.53.
Peabody Energy (NYSE:BTU - Get Free Report) last released its earnings results 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 business had revenue of $937.00 million for the quarter, compared to analyst estimates 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 in the previous year, the company posted $0.30 earnings per share. As a group, sell-side analysts predict that Peabody Energy Corporation will post 2.61 earnings per share for the current year.
Peabody Energy Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Thursday, May 15th were given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date of this dividend was Thursday, May 15th. Peabody Energy's dividend payout ratio is currently 11.19%.
About Peabody Energy
(
Free Report)
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.
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