Hallador Energy (NASDAQ:HNRG) is Taconic Capital Advisors LP's 7th Largest Position

Taconic Capital Advisors LP increased its holdings in Hallador Energy (NASDAQ:HNRG - Free Report) by 5.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 464,732 shares of the energy company's stock after acquiring an additional 25,008 shares during the quarter. Hallador Energy makes up about 1.9% of Taconic Capital Advisors LP's holdings, making the stock its 7th biggest position. Taconic Capital Advisors LP owned 1.09% of Hallador Energy worth $5,321,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of HNRG. Point72 Asset Management L.P. increased its holdings in shares of Hallador Energy by 4,460.2% in the 4th 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 during the period. Empyrean Capital Partners LP increased its holdings in shares of Hallador Energy by 71.0% in the 4th quarter. Empyrean Capital Partners LP now owns 1,325,000 shares of the energy company's stock valued at $15,171,000 after acquiring an additional 550,000 shares during the period. Highland Peak Capital LLC acquired a new position in shares of Hallador Energy in the 4th quarter valued at $5,895,000. Apis Capital Advisors LLC increased its holdings in shares of Hallador Energy by 106.9% in the 4th quarter. Apis Capital Advisors LLC now owns 898,000 shares of the energy company's stock valued at $10,282,000 after acquiring an additional 464,000 shares during the period. Finally, Yaupon Capital Management LP acquired a new position in shares of Hallador Energy in the 4th quarter valued at $4,034,000. 61.38% of the stock is owned by institutional investors and hedge funds.

Hallador Energy Price Performance

Shares of NASDAQ HNRG traded down $1.38 during trading on Friday, hitting $17.45. 2,098,763 shares of the company were exchanged, compared to its average volume of 598,910. The company has a market cap of $749.93 million, a price-to-earnings ratio of -31.73 and a beta of 0.42. Hallador Energy has a 1 year low of $4.86 and a 1 year high of $19.71. The firm's fifty day moving average price is $14.35 and its 200 day moving average price is $12.46. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.58 and a quick ratio of 0.17.

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

Wall Street Analyst Weigh In

A number of research firms recently weighed in on HNRG. Northland Securities began coverage on shares of Hallador Energy in a research report on Monday, May 19th. They issued an "outperform" rating and a $23.00 price objective on the stock. B. Riley lifted their price objective on shares of Hallador Energy from $13.00 to $15.00 and gave the company a "buy" rating in a research report on Tuesday, April 1st. Wall Street Zen lowered shares of Hallador Energy from a "buy" rating to a "hold" rating in a research report on Wednesday. Finally, Northland Capmk upgraded shares of Hallador Energy to a "strong-buy" rating in a research report on Monday, May 19th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $18.33.

Insiders Place Their Bets

In related news, Director David C. Hardie sold 97,837 shares of the stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $19.05, for a total value of $1,863,794.85. Following the sale, the director now directly owns 139,089 shares of the company's stock, valued at approximately $2,649,645.45. This represents a 41.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 32.30% of the company's stock.

About Hallador Energy

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.