Warrior Met Coal, Inc. (NYSE:HCC) Shares Sold by Vident Advisory LLC

Vident Advisory LLC trimmed its position 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 Form 13F filing with the Securities & Exchange Commission. The firm owned 26,833 shares of the company's stock after selling 7,897 shares during the quarter. Vident Advisory LLC owned 0.05% of Warrior Met Coal worth $1,455,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in HCC. Quadrant Capital Group LLC increased its position in 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 purchasing an additional 279 shares during the period. Smartleaf Asset Management LLC lifted its holdings in Warrior Met Coal by 304.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company's stock valued at $75,000 after acquiring an additional 1,040 shares during the period. Sterling Capital Management LLC grew its stake in shares of Warrior Met Coal by 818.0% during the 4th quarter. Sterling Capital Management LLC now owns 1,634 shares of the company's stock worth $89,000 after purchasing an additional 1,456 shares during the period. Wolverine Asset Management LLC increased its holdings 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 purchasing an additional 2,800 shares in the last quarter. Finally, KBC Group NV lifted its stake in shares of 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 purchasing an additional 428 shares during the period. 92.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on HCC. Benchmark reaffirmed a "hold" rating on shares of Warrior Met Coal in a report on Friday, February 14th. UBS Group dropped their price objective on Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating for the company in a research note on Wednesday, May 7th. Finally, B. Riley decreased their target price 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.

Warrior Met Coal Price Performance

Shares of HCC stock traded up $3.15 during trading hours on Tuesday, hitting $48.44. The company's stock had a trading volume of 566,079 shares, compared to its average volume of 810,240. The company has a current ratio of 5.20, a quick ratio of 3.99 and a debt-to-equity ratio of 0.09. The business has a fifty day moving average of $46.94 and a 200-day moving average of $53.10. Warrior Met Coal, Inc. has a twelve month low of $38.00 and a twelve month high of $75.53. The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 10.13 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) EPS for the quarter, missing analysts' consensus estimates 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 company had revenue of $299.94 million for the quarter, compared to analyst estimates of $296.39 million. During the same quarter last year, the company posted $2.63 EPS. Warrior Met Coal's quarterly revenue was down 40.4% compared to the same quarter last year. As a group, equities research analysts anticipate that Warrior Met Coal, Inc. will post 4.86 EPS for the current year.

Warrior Met Coal Announces Dividend

The company also recently announced 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 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend was Monday, May 5th. Warrior Met Coal's payout ratio is 15.92%.

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.