Nuveen LLC Takes $1.09 Million Position in Hallador Energy Company $HNRG

Nuveen LLC bought a new stake in shares of Hallador Energy Company (NASDAQ:HNRG - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 88,739 shares of the energy company's stock, valued at approximately $1,090,000. Nuveen LLC owned about 0.21% of Hallador Energy as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its stake in Hallador Energy by 10.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,883,814 shares of the energy company's stock valued at $21,569,000 after acquiring an additional 173,749 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Hallador Energy by 4.0% in the first quarter. Vanguard Group Inc. now owns 1,693,561 shares of the energy company's stock valued at $20,797,000 after purchasing an additional 65,652 shares during the last quarter. Empyrean Capital Partners LP raised its holdings in shares of Hallador Energy by 71.0% in the fourth quarter. Empyrean Capital Partners LP now owns 1,325,000 shares of the energy company's stock valued at $15,171,000 after purchasing an additional 550,000 shares during the last quarter. Point72 Asset Management L.P. lifted its position in shares of Hallador Energy by 4,460.2% during the fourth quarter. Point72 Asset Management L.P. now owns 1,097,500 shares of the energy company's stock valued at $12,566,000 after purchasing an additional 1,073,433 shares in the last quarter. Finally, Bridgeway Capital Management LLC boosted its holdings in Hallador Energy by 2.1% during the fourth quarter. Bridgeway Capital Management LLC now owns 539,285 shares of the energy company's stock worth $6,175,000 after purchasing an additional 11,288 shares during the last quarter. Institutional investors own 61.38% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on HNRG shares. B. Riley cut shares of Hallador Energy from a "buy" rating to a "neutral" rating and lifted their target price for the stock from $15.00 to $17.00 in a research report on Tuesday, August 12th. Northland Capmk raised Hallador Energy to a "strong-buy" rating in a research report on Monday, May 19th. Citigroup cut Hallador Energy to a "neutral" rating in a research report on Tuesday, August 12th. Wall Street Zen downgraded Hallador Energy from a "buy" rating to a "hold" rating in a research note on Saturday, August 16th. Finally, Northland Securities started coverage on Hallador Energy in a research report on Monday, May 19th. They set an "outperform" rating and a $23.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $19.00.

Insiders Place Their Bets

In other Hallador Energy news, Director Charles Ray Iv Wesley bought 20,000 shares of Hallador Energy stock in a transaction dated Tuesday, August 19th. The stock was purchased at an average price of $15.27 per share, for a total transaction of $305,400.00. Following the completion of the purchase, the director directly owned 234,914 shares of the company's stock, valued at approximately $3,587,136.78. This trade represents a 9.31% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 23.73% of the stock is owned by corporate insiders.

Hallador Energy Stock Performance

Shares of NASDAQ:HNRG traded up $0.11 during mid-day trading on Thursday, reaching $16.45. The company had a trading volume of 462,820 shares, compared to its average volume of 713,992. Hallador Energy Company has a one year low of $5.76 and a one year high of $22.01. The company has a current ratio of 0.67, a quick ratio of 0.26 and a debt-to-equity ratio of 0.25. The company's 50-day moving average price is $16.59 and its 200-day moving average price is $14.83. The firm has a market cap of $707.51 million, a price-to-earnings ratio of -3.30 and a beta of 0.45.

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

About Hallador Energy

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.