ProShare Advisors LLC Has $848,000 Stake in Warrior Met Coal, Inc. (NYSE:HCC)

ProShare Advisors LLC lessened its stake in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 27.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,634 shares of the company's stock after selling 6,018 shares during the period. ProShare Advisors LLC's holdings in Warrior Met Coal were worth $848,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of HCC. T. Rowe Price Investment Management Inc. increased its holdings in shares of Warrior Met Coal by 272.1% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,994,301 shares of the company's stock valued at $108,171,000 after purchasing an additional 1,458,279 shares during the period. Dalal Street LLC boosted its position in Warrior Met Coal by 144.1% during the fourth quarter. Dalal Street LLC now owns 1,704,670 shares of the company's stock worth $92,461,000 after purchasing an additional 1,006,263 shares during the period. Hartree Partners LP bought a new stake in Warrior Met Coal during the fourth quarter worth approximately $8,760,000. Lloyd Harbor Capital Management LLC bought a new stake in Warrior Met Coal during the fourth quarter worth approximately $8,407,000. Finally, Mercuria Capital Strategies LLC bought a new stake in Warrior Met Coal during the fourth quarter worth approximately $8,354,000. Institutional investors and hedge funds own 92.28% of the company's stock.

Warrior Met Coal Stock Performance

Shares of HCC traded up $3.07 during mid-day trading on Tuesday, hitting $48.36. The company's stock had a trading volume of 979,695 shares, compared to its average volume of 811,757. Warrior Met Coal, Inc. has a one year low of $38.00 and a one year high of $75.53. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20. The firm has a market capitalization of $2.54 billion, a PE ratio of 10.10 and a beta of 0.75. The stock's 50-day moving average is $46.94 and its two-hundred day moving average is $53.10.

Warrior Met Coal (NYSE:HCC - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.11). Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. The business had revenue of $299.94 million during the quarter, compared to the consensus estimate of $296.39 million. During the same period in the prior year, the company posted $2.63 earnings per share. The firm's revenue was down 40.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Warrior Met Coal, Inc. will post 4.86 EPS for the current year.

Warrior Met Coal Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, May 12th. Investors of record on Monday, May 5th were paid a $0.08 dividend. The ex-dividend date was Monday, May 5th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.66%. Warrior Met Coal's payout ratio is 15.92%.

Analyst Upgrades and Downgrades

HCC has been the subject of a number of recent analyst reports. B. Riley decreased their target price on Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Benchmark reissued a "hold" rating on shares of Warrior Met Coal in a research report on Friday, February 14th. Finally, UBS Group reduced their price objective on Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating for the company in a research report on Wednesday, May 7th.

About Warrior Met Coal

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.