Squarepoint Ops LLC Buys 69,941 Shares of Hallador Energy (NASDAQ:HNRG)

Squarepoint Ops LLC raised its position in shares of Hallador Energy (NASDAQ:HNRG - Free Report) by 493.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 84,108 shares of the energy company's stock after buying an additional 69,941 shares during the period. Squarepoint Ops LLC owned about 0.20% of Hallador Energy worth $963,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in HNRG. Dimensional Fund Advisors LP raised its stake in shares of Hallador Energy by 10.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,883,814 shares of the energy company's stock valued at $21,569,000 after acquiring an additional 173,749 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Hallador Energy by 13.9% during the fourth quarter. Vanguard Group Inc. now owns 1,627,909 shares of the energy company's stock valued at $18,640,000 after buying an additional 198,790 shares during the period. Empyrean Capital Partners LP increased its stake in shares of Hallador Energy by 71.0% during the fourth quarter. Empyrean Capital Partners LP now owns 1,325,000 shares of the energy company's stock valued at $15,171,000 after buying an additional 550,000 shares during the period. Point72 Asset Management L.P. raised its holdings in shares of Hallador Energy by 4,460.2% during the fourth quarter. Point72 Asset Management L.P. now owns 1,097,500 shares of the energy company's stock valued at $12,566,000 after acquiring an additional 1,073,433 shares in the last quarter. Finally, Apis Capital Advisors LLC lifted its stake in Hallador Energy by 106.9% in the fourth quarter. Apis Capital Advisors LLC now owns 898,000 shares of the energy company's stock worth $10,282,000 after acquiring an additional 464,000 shares during the period. Institutional investors own 61.38% of the company's stock.

Analyst Ratings Changes

Several brokerages have commented on HNRG. Northland Capmk raised Hallador Energy to a "strong-buy" rating in a research report on Monday, May 19th. Northland Securities initiated coverage on shares of Hallador Energy in a research note on Monday, May 19th. They issued an "outperform" rating and a $23.00 price target for the company. Wall Street Zen lowered shares of Hallador Energy from a "buy" rating to a "hold" rating in a research note on Wednesday, May 21st. Finally, B. Riley upped their price objective on shares of Hallador Energy from $13.00 to $15.00 and gave the stock a "buy" rating in a report on Tuesday, April 1st. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Hallador Energy currently has a consensus rating of "Buy" and an average target price of $18.33.

Insider Transactions at Hallador Energy

In related news, Director David C. Hardie sold 97,837 shares of the firm's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $19.05, for a total transaction of $1,863,794.85. Following the completion of the sale, the director now owns 139,089 shares of the company's stock, valued at $2,649,645.45. This trade represents a 41.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 23.73% of the company's stock.

Hallador Energy Stock Down 1.3%

Hallador Energy stock traded down $0.23 during mid-day trading on Wednesday, hitting $16.88. The company had a trading volume of 1,293,300 shares, compared to its average volume of 589,867. Hallador Energy has a 12 month low of $4.86 and a 12 month high of $19.71. The company has a market capitalization of $725.43 million, a PE ratio of -30.69 and a beta of 0.42. The stock's 50 day moving average price is $15.12 and its two-hundred day moving average price is $12.78. The company has a current ratio of 0.58, a quick ratio of 0.17 and a debt-to-equity ratio of 0.16.

Hallador Energy (NASDAQ:HNRG - Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The energy company reported $0.23 EPS for the quarter, beating the consensus estimate of ($0.16) by $0.39. The company had revenue of $117.79 million for the quarter, compared to the consensus estimate of $98.70 million. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. As a group, sell-side analysts anticipate that Hallador Energy will post -0.31 earnings per share for the current fiscal year.

Hallador Energy Company Profile

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.