UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 24.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 119,250 shares of the company's stock after acquiring an additional 23,802 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.23% of Warrior Met Coal worth $6,468,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of HCC. Barclays PLC increased its holdings in shares of Warrior Met Coal by 413.2% during the third quarter. Barclays PLC now owns 101,302 shares of the company's stock valued at $6,474,000 after acquiring an additional 81,561 shares in the last quarter. SG Americas Securities LLC boosted its position in Warrior Met Coal by 87.3% in the fourth quarter. SG Americas Securities LLC now owns 8,427 shares of the company's stock valued at $457,000 after buying an additional 3,929 shares during the last quarter. KBC Group NV boosted its position in Warrior Met Coal by 25.0% in the fourth quarter. KBC Group NV now owns 2,139 shares of the company's stock valued at $116,000 after buying an additional 428 shares during the last quarter. Financial Strategies Group Inc. boosted its position in Warrior Met Coal by 26.0% in the fourth quarter. Financial Strategies Group Inc. now owns 14,241 shares of the company's stock valued at $718,000 after buying an additional 2,935 shares during the last quarter. Finally, Graham Capital Wealth Management LLC boosted its position in Warrior Met Coal by 0.6% in the fourth quarter. Graham Capital Wealth Management LLC now owns 47,818 shares of the company's stock valued at $2,594,000 after buying an additional 273 shares during the last quarter. Institutional investors and hedge funds own 92.28% of the company's stock.
Warrior Met Coal Stock Performance
Warrior Met Coal stock traded down $0.71 during mid-day trading on Thursday, hitting $46.65. The company had a trading volume of 972,752 shares, compared to its average volume of 817,477. The company has a current ratio of 5.20, a quick ratio of 3.99 and a debt-to-equity ratio of 0.09. Warrior Met Coal, Inc. has a 12-month low of $38.00 and a 12-month high of $75.53. The company's fifty day moving average is $46.65 and its 200-day moving average is $52.15. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of 9.74 and a beta of 0.75.
Warrior Met Coal (NYSE:HCC - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.11). The business had revenue of $299.94 million for the quarter, compared to analyst estimates of $296.39 million. Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. The company's quarterly revenue was down 40.4% compared to the same quarter last year. During the same period in the previous year, the company earned $2.63 earnings per share. Equities research analysts predict that Warrior Met Coal, Inc. will post 4.86 EPS for the current year.
Warrior Met Coal Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, May 12th. Stockholders of record on Monday, May 5th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.69%. The ex-dividend date was Monday, May 5th. Warrior Met Coal's payout ratio is 15.92%.
Analysts Set New Price Targets
HCC has been the topic of several recent research reports. Benchmark restated a "hold" rating on shares of Warrior Met Coal in a research report on Friday, February 14th. B. Riley lowered their price objective on Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Finally, UBS Group lowered their price objective on Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 7th.
View Our Latest Stock Analysis on Warrior Met Coal
About Warrior Met Coal
(
Free Report)
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.
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