Peabody Energy Corporation $BTU Shares Acquired by Kapitalo Investimentos Ltda

Key Points

• Kapitalo Investimentos Ltda increased its stake in Peabody Energy by 77.1%, acquiring 13,062 additional shares, which raised its holdings to 30,000 shares worth $403,000.
• Peabody Energy's recent quarterly earnings report showed a loss of ($0.06) per share, missing estimates and reflecting a 14.6% year-over-year decline in revenue, totaling $890.10 million.
• The company declared a quarterly dividend of $0.075 per share, representing an annualized dividend yield of 1.3% and a payout ratio of 29.13%.

Kapitalo Investimentos Ltda increased its stake in shares of Peabody Energy Corporation (NYSE:BTU - Free Report) by 77.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,000 shares of the coal producer's stock after purchasing an additional 13,062 shares during the quarter. Kapitalo Investimentos Ltda's holdings in Peabody Energy were worth $403,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Long Focus Capital Management LLC grew its holdings in shares of Peabody Energy by 96.7% during the first quarter. Long Focus Capital Management LLC now owns 1,789,858 shares of the coal producer's stock worth $24,253,000 after buying an additional 879,800 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in Peabody Energy by 117.6% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,406,307 shares of the coal producer's stock worth $19,055,000 after acquiring an additional 760,155 shares during the period. Drummond Knight Asset Management Pty Ltd bought a new stake in shares of Peabody Energy during the 1st quarter worth approximately $9,196,000. Bridgeway Capital Management LLC bought a new position in shares of Peabody Energy in the first quarter worth about $9,083,000. Finally, AQR Capital Management LLC increased its holdings in Peabody Energy by 698.4% in the 1st quarter. AQR Capital Management LLC now owns 738,425 shares of the coal producer's stock worth $10,006,000 after purchasing an additional 645,934 shares in the last quarter. 87.44% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on BTU. B. Riley boosted their target price on shares of Peabody Energy from $18.00 to $24.00 and gave the company a "buy" rating in a report on Tuesday, September 9th. Wall Street Zen cut shares of Peabody Energy from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. Finally, UBS Group increased their target price on Peabody Energy from $16.00 to $17.00 and gave the stock a "neutral" rating in a research report on Friday. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $23.20.

Peabody Energy Stock Up 1.8%

Shares of NYSE:BTU traded up $0.41 during trading on Monday, reaching $23.13. 5,185,771 shares of the stock traded hands, compared to its average volume of 4,146,615. Peabody Energy Corporation has a 52-week low of $9.61 and a 52-week high of $29.94. The stock has a 50-day moving average of $17.51 and a two-hundred day moving average of $14.85. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.64 and a current ratio of 2.21. The stock has a market cap of $2.81 billion, a P/E ratio of 22.46 and a beta of 0.64.

Peabody Energy (NYSE:BTU - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The coal producer reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.02). Peabody Energy had a net margin of 3.43% and a return on equity of 4.41%. The firm had revenue of $890.10 million for the quarter, compared to the consensus estimate of $944.27 million. During the same period in the previous year, the company earned $1.42 earnings per share. Peabody Energy's quarterly revenue was down 14.6% compared to the same quarter last year. As a group, sell-side analysts expect that Peabody Energy Corporation will post 2.61 earnings per share for the current fiscal year.

Peabody Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Thursday, August 14th were given a dividend of $0.075 per share. The ex-dividend date was Thursday, August 14th. This represents a $0.30 dividend on an annualized basis and a yield of 1.3%. Peabody Energy's dividend payout ratio is 29.13%.

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.