Vest Financial LLC Makes New Investment in Warrior Met Coal, Inc. (NYSE:HCC)

Vest Financial LLC bought a new position in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 54,278 shares of the company's stock, valued at approximately $2,590,000. Vest Financial LLC owned approximately 0.10% of Warrior Met Coal as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in HCC. River Road Asset Management LLC lifted its position in shares of Warrior Met Coal by 2.1% during the 4th quarter. River Road Asset Management LLC now owns 888,388 shares of the company's stock valued at $48,186,000 after acquiring an additional 18,031 shares during the last quarter. D. E. Shaw & Co. Inc. lifted its holdings in shares of Warrior Met Coal by 14.4% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 58,877 shares of the company's stock valued at $3,193,000 after purchasing an additional 7,426 shares during the last quarter. Hosking Partners LLP boosted its position in shares of Warrior Met Coal by 9.6% in the 4th quarter. Hosking Partners LLP now owns 524,833 shares of the company's stock valued at $28,467,000 after purchasing an additional 45,868 shares during the period. Forest Avenue Capital Management LP boosted its position in shares of Warrior Met Coal by 32.5% in the 4th quarter. Forest Avenue Capital Management LP now owns 545,189 shares of the company's stock valued at $29,571,000 after purchasing an additional 133,642 shares during the period. Finally, Y Intercept Hong Kong Ltd purchased a new position in Warrior Met Coal in the 4th quarter worth about $1,300,000. 92.28% of the stock is currently owned by institutional investors.

Warrior Met Coal Stock Up 1.9%

Warrior Met Coal stock traded up $0.90 during mid-day trading on Monday, hitting $48.34. The company's stock had a trading volume of 965,766 shares, compared to its average volume of 818,484. Warrior Met Coal, Inc. has a 52-week low of $38.00 and a 52-week high of $75.53. The company has a market cap of $2.54 billion, a PE ratio of 10.09 and a beta of 0.69. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.20 and a quick ratio of 3.99. The firm's 50 day moving average is $46.64 and its 200 day moving average is $51.74.

Warrior Met Coal (NYSE:HCC - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.11). Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. The company had revenue of $299.94 million during the quarter, compared to analysts' expectations of $296.39 million. During the same period last year, the company earned $2.63 earnings per share. Warrior Met Coal's revenue for the quarter was down 40.4% compared to the same quarter last year. On average, analysts anticipate that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current year.

Warrior Met Coal Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, May 12th. Shareholders of record on Monday, May 5th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date of this dividend was Monday, May 5th. Warrior Met Coal's dividend payout ratio (DPR) is currently 15.92%.

Wall Street Analyst Weigh In

A number of analysts have commented on HCC shares. Benchmark reaffirmed a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. UBS Group cut their price target on shares of Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating on the stock in a report on Wednesday, May 7th. Finally, B. Riley decreased their price objective on shares of Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating for the company in a research note on Friday, April 11th.

About Warrior Met Coal

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.