Quinn Opportunity Partners LLC Raises Position in Peabody Energy Corporation $BTU

Key Points

• Quinn Opportunity Partners boosted its stake in Peabody Energy by 127.8% in Q3 to 87,015 shares (about $2.31M), amid an overall institutional ownership level of roughly 87%.
• Peabody missed quarterly EPS expectations (reported $0.09 vs. $0.10 estimate), saw revenue down about 9% year‑over‑year and a negative net margin, with the stock trading around the mid‑$30s and a 52‑week range of $9.61–$39.95.
• Analyst views are mixed — the consensus rating is a Hold with an average price target of $38.38 while some firms raised targets (Jefferies to $44, B. Riley to $43) and Zacks cut to a "strong sell"; meanwhile insiders (COO and CAO) have recently sold shares, leaving insiders with ~0.41% ownership.

Quinn Opportunity Partners LLC boosted its position in Peabody Energy Corporation (NYSE:BTU - Free Report) by 127.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 87,015 shares of the coal producer's stock after purchasing an additional 48,815 shares during the period. Quinn Opportunity Partners LLC owned about 0.07% of Peabody Energy worth $2,308,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Peabody Energy by 1.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 72,693 shares of the coal producer's stock valued at $985,000 after buying an additional 700 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Peabody Energy by 45.3% in the 1st quarter. NewEdge Advisors LLC now owns 33,359 shares of the coal producer's stock worth $452,000 after acquiring an additional 10,401 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Peabody Energy in the 1st quarter valued at about $261,000. PNC Financial Services Group Inc. lifted its holdings in Peabody Energy by 93.8% during the second quarter. PNC Financial Services Group Inc. now owns 10,629 shares of the coal producer's stock valued at $143,000 after purchasing an additional 5,145 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Peabody Energy by 1.4% during the second quarter. Geode Capital Management LLC now owns 3,009,472 shares of the coal producer's stock worth $40,395,000 after purchasing an additional 40,785 shares during the period. 87.44% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on BTU shares. Jefferies Financial Group lifted their target price on shares of Peabody Energy from $42.00 to $44.00 and gave the stock a "buy" rating in a research note on Tuesday, January 20th. UBS Group raised their price objective on shares of Peabody Energy from $34.00 to $34.50 and gave the stock a "neutral" rating in a report on Thursday. Wall Street Zen raised shares of Peabody Energy from a "sell" rating to a "hold" rating in a report on Friday, January 23rd. B. Riley Financial raised their price target on Peabody Energy from $38.00 to $43.00 and gave the stock a "buy" rating in a report on Wednesday, February 4th. Finally, Zacks Research cut Peabody Energy from a "hold" rating to a "strong sell" rating in a research report on Wednesday, February 4th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Peabody Energy currently has an average rating of "Hold" and an average price target of $38.38.

Insider Activity

In other news, COO Darren Ronald Yeates sold 13,892 shares of the business's stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $36.40, for a total transaction of $505,668.80. Following the completion of the transaction, the chief operating officer owned 113,440 shares of the company's stock, valued at approximately $4,129,216. The trade was a 10.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Scott T. Jarboe sold 2,151 shares of the company's stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $34.26, for a total transaction of $73,693.26. Following the completion of the transaction, the chief accounting officer owned 82,306 shares in the company, valued at approximately $2,819,803.56. This trade represents a 2.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.41% of the stock is currently owned by insiders.

Peabody Energy Trading Down 3.4%

Peabody Energy stock opened at $34.71 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.40 and a current ratio of 1.85. Peabody Energy Corporation has a fifty-two week low of $9.61 and a fifty-two week high of $39.95. The stock has a market cap of $4.23 billion, a P/E ratio of -77.12 and a beta of 0.54. The firm's fifty day moving average price is $34.64 and its 200-day moving average price is $29.59.

Peabody Energy (NYSE:BTU - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The coal producer reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.01). The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.02 billion. Peabody Energy had a negative net margin of 1.37% and a negative return on equity of 0.93%. Peabody Energy's quarterly revenue was down 9.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.25 EPS. Equities research analysts forecast that Peabody Energy Corporation will post 2.61 earnings per share for the current fiscal year.

Peabody Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Monday, February 23rd were given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Monday, February 23rd. Peabody Energy's dividend payout ratio (DPR) is -66.67%.

Peabody Energy Company Profile

Peabody Energy Corporation is one of the world's largest private-sector coal companies, engaged primarily in the production and sale of metallurgical and thermal coal. The company's operations span surface and underground mines, serving utilities, steel mills and other industrial customers that rely on coal as an essential component in power generation and steelmaking. Peabody's product portfolio includes high-energy thermal coal for electricity generation and low-volatile metallurgical coal used in steel production, reflecting its diverse end-market reach.

Founded in 1883, Peabody Energy has grown from a regional mining concern into a global energy supplier.

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