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

ProShare Advisors LLC reduced its position in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 27.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,634 shares of the company's stock after selling 6,018 shares during the quarter. ProShare Advisors LLC's holdings in Warrior Met Coal were worth $848,000 at the end of the most recent quarter.

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

Warrior Met Coal Price Performance

Shares of HCC traded down $0.20 during mid-day trading on Thursday, reaching $46.46. The company had a trading volume of 208,955 shares, compared to its average volume of 811,148. The company's 50 day simple moving average is $46.97 and its 200 day simple moving average is $53.02. Warrior Met Coal, Inc. has a 1-year low of $38.00 and a 1-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 company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 9.70 and a beta of 0.75.

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

Warrior Met Coal Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, May 12th. Investors of record on Monday, May 5th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, May 5th. This represents a $0.32 annualized dividend and a yield of 0.69%. Warrior Met Coal's dividend payout ratio is presently 15.92%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Benchmark restated a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. B. Riley reduced their price target on shares of Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Finally, UBS Group reduced their price target on shares of Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 7th.

Warrior Met Coal Company Profile

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.