Nomura Holdings Inc. Reduces Position in Peabody Energy Co. (NYSE:BTU)

Nomura Holdings Inc. reduced its position in shares of Peabody Energy Co. (NYSE:BTU - Free Report) by 66.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,993 shares of the coal producer's stock after selling 41,231 shares during the period. Nomura Holdings Inc.'s holdings in Peabody Energy were worth $440,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Byrne Asset Management LLC increased its position in Peabody Energy by 63.3% during the fourth quarter. Byrne Asset Management LLC now owns 1,755 shares of the coal producer's stock worth $37,000 after purchasing an additional 680 shares during the last quarter. Summit Investment Advisors Inc. increased its position in shares of Peabody Energy by 5.5% during the fourth quarter. Summit Investment Advisors Inc. now owns 13,234 shares of the coal producer's stock valued at $277,000 after acquiring an additional 693 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of Peabody Energy by 167.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,189 shares of the coal producer's stock valued at $25,000 after acquiring an additional 744 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Peabody Energy by 3.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 24,556 shares of the coal producer's stock valued at $514,000 after acquiring an additional 885 shares during the last quarter. Finally, Altshuler Shaham Ltd increased its position in shares of Peabody Energy by 45.0% during the fourth quarter. Altshuler Shaham Ltd now owns 2,900 shares of the coal producer's stock valued at $61,000 after acquiring an additional 900 shares during the last quarter. 87.44% of the stock is currently owned by institutional investors and hedge funds.

Peabody Energy Trading Up 4.0%

Shares of BTU traded up $0.56 during trading on Tuesday, reaching $14.47. 3,763,102 shares of the company traded hands, compared to its average volume of 3,450,381. The company has a quick ratio of 1.68, a current ratio of 2.15 and a debt-to-equity ratio of 0.27. The stock has a market cap of $1.76 billion, a PE ratio of 5.36 and a beta of 0.49. The stock has a 50-day simple moving average of $13.19 and a 200-day simple moving average of $17.16. Peabody Energy Co. has a twelve month low of $9.61 and a twelve month high of $29.94.

Peabody Energy (NYSE:BTU - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The coal producer reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.20. The firm had revenue of $937.00 million during the quarter, compared to analysts' expectations of $976.57 million. Peabody Energy had a net margin of 8.75% and a return on equity of 10.33%. The business's quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.30 earnings per share. On average, analysts anticipate that Peabody Energy Co. will post 2.61 earnings per share for the current year.

Peabody Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Thursday, May 15th will be issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date of this dividend is Thursday, May 15th. Peabody Energy's dividend payout ratio (DPR) is currently 11.19%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on BTU shares. B. Riley dropped their price target on shares of 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 dropped their price target on shares of Peabody Energy from $26.00 to $23.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th.

Peabody Energy Company Profile

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.