PEAK6 LLC Makes New Investment in Hallador Energy Company $HNRG

Key Points

• PEAK6 LLC has invested $272,000 in Hallador Energy Company by acquiring 22,187 shares during the 1st quarter, representing about 0.05% ownership.
• Director Charles Ray Iv Wesley increased his holdings by 9.31% by purchasing 20,000 shares at an average cost of $15.27 per share.
• Research analysts have mixed views on Hallador Energy, with ratings ranging from "strong-buy" to "neutral," and an average target price of $19.00.

PEAK6 LLC acquired a new stake in shares of Hallador Energy Company (NASDAQ:HNRG - Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 22,187 shares of the energy company's stock, valued at approximately $272,000. PEAK6 LLC owned approximately 0.05% of Hallador Energy as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its position in Hallador Energy by 10.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,883,814 shares of the energy company's stock worth $21,569,000 after purchasing an additional 173,749 shares during the last quarter. Vanguard Group Inc. grew its holdings in Hallador Energy by 4.0% in the 1st quarter. Vanguard Group Inc. now owns 1,693,561 shares of the energy company's stock valued at $20,797,000 after buying an additional 65,652 shares during the last quarter. Empyrean Capital Partners LP lifted its position in shares of Hallador Energy by 71.0% in the 4th quarter. Empyrean Capital Partners LP now owns 1,325,000 shares of the energy company's stock worth $15,171,000 after acquiring an additional 550,000 shares during the period. Point72 Asset Management L.P. lifted its position in shares of Hallador Energy by 4,460.2% in the 4th quarter. Point72 Asset Management L.P. now owns 1,097,500 shares of the energy company's stock worth $12,566,000 after acquiring an additional 1,073,433 shares during the period. Finally, American Century Companies Inc. lifted its position in shares of Hallador Energy by 16.4% in the 1st quarter. American Century Companies Inc. now owns 924,812 shares of the energy company's stock worth $11,357,000 after acquiring an additional 130,509 shares during the period. 61.38% of the stock is owned by institutional investors and hedge funds.

Hallador Energy Stock Up 0.7%

HNRG traded up $0.11 on Thursday, hitting $16.45. 462,825 shares of the company were exchanged, compared to its average volume of 713,992. Hallador Energy Company has a 12 month low of $5.76 and a 12 month high of $22.01. The company has a market cap of $707.51 million, a PE ratio of -3.30 and a beta of 0.45. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.26 and a current ratio of 0.67. The stock's fifty day moving average is $16.59 and its 200-day moving average is $14.83.

Hallador Energy (NASDAQ:HNRG - Get Free Report) last announced its quarterly earnings results on Monday, August 11th. The energy company reported $0.19 earnings per share 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 firm had revenue of $102.89 million for the quarter, compared to the consensus estimate of $91.73 million. Equities research analysts predict that Hallador Energy Company will post -0.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Charles Ray Iv Wesley purchased 20,000 shares of the company's stock in a transaction dated Tuesday, August 19th. The stock was bought at an average cost of $15.27 per share, for a total transaction of $305,400.00. Following the purchase, the director owned 234,914 shares of the company's stock, valued at approximately $3,587,136.78. The trade was a 9.31% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 23.73% of the stock is owned by insiders.

Analysts Set New Price Targets

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

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.