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 raised its stake in Peabody Energy Corporation (NYSE:BTU - Free Report) by 77.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,000 shares of the coal producer's stock after buying 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 institutional investors and hedge funds have also recently modified their holdings of the company. Long Focus Capital Management LLC raised its holdings in 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 purchasing an additional 879,800 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in Peabody Energy by 117.6% in the first 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 in the last quarter. Drummond Knight Asset Management Pty Ltd acquired a new stake in shares of Peabody Energy during the 1st quarter valued at approximately $9,196,000. Bridgeway Capital Management LLC acquired a new stake in shares of Peabody Energy in the 1st quarter worth approximately $9,083,000. Finally, AQR Capital Management LLC increased its stake 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 valued at $10,006,000 after purchasing an additional 645,934 shares in the last quarter. Hedge funds and other institutional investors own 87.44% of the company's stock.

Peabody Energy Price Performance

Shares of NYSE BTU opened at $22.75 on Monday. The company has a current ratio of 2.21, a quick ratio of 1.64 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 firm has a market cap of $2.77 billion, a PE ratio of 22.09 and a beta of 0.64. The company has a fifty day moving average price of $17.35 and a 200 day moving average price of $14.77.

Peabody Energy (NYSE:BTU - Get Free Report) last released its quarterly earnings data 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). The firm had revenue of $890.10 million for the quarter, compared to analyst estimates of $944.27 million. Peabody Energy had a return on equity of 4.41% and a net margin of 3.43%.The firm's revenue for the quarter was down 14.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.42 earnings per share. Research analysts predict that Peabody Energy Corporation will post 2.61 earnings per share for the current fiscal year.

Peabody Energy Dividend Announcement

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

Analyst Ratings Changes

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

Peabody Energy 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.