Mudita Advisors LLP Raises Stock Holdings in Warrior Met Coal $HCC

Key Points

• Mudita Advisors LLP increased its holdings in Warrior Met Coal by 5.8%, acquiring an additional 22,795 shares, bringing its total to 417,165 shares worth approximately $19.9 million.
• A number of institutional investors raised their positions in Warrior Met Coal, resulting in institutional ownership climbing to 92.28% of the company's stock.
• Analysts have mixed ratings on Warrior Met Coal, with a consensus target price of $63.50 and recent price objectives ranging from $55.00 to $76.00, indicating a generally positive outlook.

Mudita Advisors LLP increased its stake in Warrior Met Coal (NYSE:HCC - Free Report) by 5.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 417,165 shares of the company's stock after purchasing an additional 22,795 shares during the quarter. Warrior Met Coal comprises about 10.1% of Mudita Advisors LLP's portfolio, making the stock its 2nd biggest holding. Mudita Advisors LLP owned 0.79% of Warrior Met Coal worth $19,907,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. D. E. Shaw & Co. Inc. lifted its holdings in Warrior Met Coal by 14.4% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 58,877 shares of the company's stock valued at $3,193,000 after acquiring an additional 7,426 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Warrior Met Coal by 4.0% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,509 shares of the company's stock valued at $1,601,000 after acquiring an additional 1,134 shares in the last quarter. Millennium Management LLC purchased a new stake in shares of Warrior Met Coal in the 4th quarter valued at approximately $1,592,000. Numerai GP LLC purchased a new stake in shares of Warrior Met Coal in the 4th quarter valued at approximately $402,000. Finally, Malaga Cove Capital LLC lifted its position in shares of Warrior Met Coal by 153.1% in the 4th quarter. Malaga Cove Capital LLC now owns 8,293 shares of the company's stock valued at $450,000 after acquiring an additional 5,017 shares in the last quarter. Institutional investors and hedge funds own 92.28% of the company's stock.

Warrior Met Coal Trading Up 4.9%

HCC stock traded up $2.81 during midday trading on Monday, reaching $60.68. The stock had a trading volume of 442,798 shares, compared to its average volume of 972,950. The business has a fifty day simple moving average of $56.37 and a two-hundred day simple moving average of $50.24. The company has a quick ratio of 3.44, a current ratio of 4.59 and a debt-to-equity ratio of 0.12. The firm has a market cap of $3.19 billion, a price-to-earnings ratio of 78.84 and a beta of 0.74. Warrior Met Coal has a twelve month low of $38.00 and a twelve month high of $75.15.

Warrior Met Coal (NYSE:HCC - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.11 EPS for the quarter, topping analysts' consensus estimates of ($0.28) by $0.39. The firm had revenue of $297.52 million during the quarter, compared to analyst estimates of $285.63 million. Warrior Met Coal had a return on equity of 2.26% and a net margin of 3.30%.The company's revenue was down 25.0% on a year-over-year basis. During the same period last year, the company earned $1.35 earnings per share. As a group, research analysts expect that Warrior Met Coal will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, August 8th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Friday, August 8th. Warrior Met Coal's dividend payout ratio (DPR) is presently 41.56%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on HCC shares. BMO Capital Markets set a $55.00 price target on shares of Warrior Met Coal and gave the stock a "market perform" rating in a research report on Thursday, August 7th. UBS Group increased their price objective on Warrior Met Coal from $50.00 to $60.00 and gave the stock a "neutral" rating in a report on Wednesday, August 20th. B. Riley dropped their price objective on Warrior Met Coal from $76.00 to $74.00 and set a "buy" rating on the stock in a report on Tuesday, July 22nd. Finally, Wall Street Zen downgraded Warrior Met Coal from a "hold" rating to a "sell" rating in a report on Saturday. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $63.50.

About Warrior Met Coal

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.