Susquehanna Fundamental Investments LLC Takes Position in Warrior Met Coal $HCC

Key Points

• Susquehanna Fundamental Investments initiated a position in Warrior Met Coal, purchasing 10,637 shares worth approximately $863,000. Institutional investors collectively own 92.28% of the company.
• Warrior Met Coal exceeded quarterly expectations, reporting $1.65 in EPS versus the $1.40 consensus estimate and $509.69 million in revenue, up 71.3% year over year.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $102.60 price target, while insiders—including the CEO—sold shares in recent transactions.

Susquehanna Fundamental Investments LLC bought a new position in Warrior Met Coal (NYSE:HCC - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 10,637 shares of the company's stock, valued at approximately $863,000.

Several other institutional investors also recently modified their holdings of the business. Meeder Asset Management Inc. purchased a new position in Warrior Met Coal during the 4th quarter valued at about $31,000. Quantbot Technologies LP purchased a new stake in Warrior Met Coal in the second quarter worth about $31,000. Parallel Advisors LLC grew its holdings in Warrior Met Coal by 272.1% in the fourth quarter. Parallel Advisors LLC now owns 413 shares of the company's stock worth $36,000 after purchasing an additional 302 shares during the period. IFP Advisors Inc bought a new position in shares of Warrior Met Coal during the fourth quarter valued at approximately $37,000. Finally, Allworth Financial LP bought a new position in shares of Warrior Met Coal during the second quarter valued at approximately $39,000. 92.28% of the stock is currently owned by institutional investors.

Warrior Met Coal Stock Down 2.0%

Shares of Warrior Met Coal stock opened at $106.10 on Wednesday. The company has a 50-day simple moving average of $88.50 and a two-hundred day simple moving average of $89.22. The stock has a market capitalization of $5.60 billion, a PE ratio of 25.50 and a beta of 0.65. Warrior Met Coal has a 52-week low of $54.66 and a 52-week high of $111.20. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.79 and a current ratio of 3.93.

Warrior Met Coal (NYSE:HCC - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.40 by $0.25. Warrior Met Coal had a net margin of 13.05% and a return on equity of 10.02%. The company had revenue of $509.69 million during the quarter, compared to the consensus estimate of $488.46 million. During the same quarter last year, the firm earned $0.11 earnings per share. The firm's quarterly revenue was up 71.3% compared to the same quarter last year. On average, analysts anticipate that Warrior Met Coal will post 5.74 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were issued a $0.08 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.3%. Warrior Met Coal's dividend payout ratio (DPR) is presently 7.69%.

Wall Street Analyst Weigh In

HCC has been the topic of a number of analyst reports. Wall Street Zen raised Warrior Met Coal from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Citigroup reaffirmed a "buy" rating on shares of Warrior Met Coal in a research report on Wednesday, June 10th. UBS Group lowered their price objective on Warrior Met Coal from $100.00 to $98.00 and set a "buy" rating for the company in a research note on Thursday, August 6th. Zacks Research downgraded Warrior Met Coal from a "strong-buy" rating to a "hold" rating in a report on Friday, August 7th. Finally, Weiss Ratings raised Warrior Met Coal from a "hold (c)" rating to a "hold (c+)" rating in a research note on Tuesday, August 11th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Warrior Met Coal presently has a consensus rating of "Moderate Buy" and a consensus price target of $102.60.

Insiders Place Their Bets

In other news, CEO Walter J. Scheller sold 50,000 shares of the business's stock in a transaction on Monday, August 24th. The stock was sold at an average price of $110.00, for a total value of $5,500,000.00. Following the completion of the transaction, the chief executive officer owned 267,793 shares in the company, valued at $29,457,230. The trade was a 15.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Stephen D. Williams sold 4,800 shares of the company's stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $104.23, for a total value of $500,304.00. Following the transaction, the director directly owned 30,303 shares in the company, valued at approximately $3,158,481.69. The trade was a 13.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 104,800 shares of company stock valued at $11,250,304. Corporate insiders own 2.10% of the company's stock.

About Warrior Met Coal

Warrior Met Coal NYSE: HCC is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama's Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal's product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.

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