Vident Advisory LLC Sells 7,897 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

Vident Advisory LLC lowered its stake in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 22.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,833 shares of the company's stock after selling 7,897 shares during the period. Vident Advisory LLC owned approximately 0.05% of Warrior Met Coal worth $1,455,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC raised its position in shares of Warrior Met Coal by 31.0% during the 4th quarter. Quadrant Capital Group LLC now owns 1,179 shares of the company's stock worth $64,000 after buying an additional 279 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in Warrior Met Coal by 304.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company's stock valued at $75,000 after purchasing an additional 1,040 shares during the last quarter. Sterling Capital Management LLC raised its stake in Warrior Met Coal by 818.0% during the 4th quarter. Sterling Capital Management LLC now owns 1,634 shares of the company's stock valued at $89,000 after purchasing an additional 1,456 shares during the last quarter. Wolverine Asset Management LLC raised its stake in shares of Warrior Met Coal by 264.4% in the 4th quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company's stock valued at $94,000 after buying an additional 2,800 shares in the last quarter. Finally, KBC Group NV increased its position in shares of Warrior Met Coal by 25.0% during the 4th quarter. KBC Group NV now owns 2,139 shares of the company's stock worth $116,000 after purchasing an additional 428 shares in the last quarter. 92.28% of the stock is currently owned by institutional investors.

Warrior Met Coal Trading Down 2.8%

Shares of HCC traded down $1.35 during midday trading on Wednesday, hitting $46.93. 200,643 shares of the stock were exchanged, compared to its average volume of 809,412. Warrior Met Coal, Inc. has a 52-week low of $38.00 and a 52-week high of $75.53. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20. The firm has a market cap of $2.47 billion, a P/E ratio of 9.81 and a beta of 0.75. The stock has a fifty day simple moving average of $46.97 and a 200 day simple moving average of $53.07.

Warrior Met Coal (NYSE:HCC - Get Free Report) last issued its quarterly 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). Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. The business had revenue of $299.94 million during the quarter, compared to analyst estimates of $296.39 million. During the same quarter last year, the firm posted $2.63 earnings per share. The company's revenue was down 40.4% on a year-over-year basis. On average, research analysts anticipate that Warrior Met Coal, Inc. will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 12th. Investors of record on Monday, May 5th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date of this dividend was Monday, May 5th. Warrior Met Coal's dividend payout ratio is 15.92%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Benchmark reissued a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. B. Riley dropped their price target on Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Finally, UBS Group reduced their target price on Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 7th.

Warrior Met Coal Profile

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.