Warrior Met Coal $HCC Shares Acquired by Integrated Wealth Concepts LLC

Key Points

• Integrated Wealth Concepts LLC increased its stake in Warrior Met Coal by 34.1% during the 1st quarter, owning 68,586 shares worth approximately $3.27 million.
• Warrior Met Coal reported a net margin of 3.30% and an earnings per share (EPS) of $0.11, beating analysts' expectations by $0.39.
• The company recently declared a quarterly dividend of $0.08, with an annualized yield of 0.5%, indicating a payout ratio of 41.56%.

Integrated Wealth Concepts LLC increased its position in shares of Warrior Met Coal (NYSE:HCC - Free Report) by 34.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 68,586 shares of the company's stock after buying an additional 17,438 shares during the quarter. Integrated Wealth Concepts LLC owned about 0.13% of Warrior Met Coal worth $3,273,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. D. E. Shaw & Co. Inc. boosted its holdings in shares of Warrior Met Coal by 14.4% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 58,877 shares of the company's stock worth $3,193,000 after acquiring an additional 7,426 shares during the period. Lloyd Harbor Capital Management LLC purchased a new position in shares of Warrior Met Coal in the fourth quarter worth about $8,407,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Warrior Met Coal by 4.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,509 shares of the company's stock valued at $1,601,000 after purchasing an additional 1,134 shares during the period. Millennium Management LLC purchased a new position in shares of Warrior Met Coal during the 4th quarter worth approximately $1,592,000. Finally, Mudita Advisors LLP grew its holdings in shares of Warrior Met Coal by 3.8% during the 4th quarter. Mudita Advisors LLP now owns 394,370 shares of the company's stock worth $21,391,000 after acquiring an additional 14,600 shares during the period. 92.28% of the stock is owned by hedge funds and other institutional investors.

Warrior Met Coal Trading Down 2.2%

Shares of HCC stock traded down $1.32 during trading hours on Friday, hitting $57.91. The company had a trading volume of 511,325 shares, compared to its average volume of 681,427. The company's fifty day moving average is $56.37 and its 200 day moving average is $50.24. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.59 and a quick ratio of 3.44. Warrior Met Coal has a fifty-two week low of $38.00 and a fifty-two week high of $75.15. The stock has a market capitalization of $3.04 billion, a PE ratio of 75.21 and a beta of 0.74.

Warrior Met Coal (NYSE:HCC - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of ($0.28) by $0.39. The business had revenue of $297.52 million for the quarter, compared to analyst estimates of $285.63 million. Warrior Met Coal had a net margin of 3.30% and a return on equity of 2.26%. The company's revenue was down 25.0% on a year-over-year basis. During the same period last year, the business earned $1.35 EPS. Research analysts expect that Warrior Met Coal will post 4.86 earnings per share for the current fiscal year.

Warrior Met Coal Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, August 8th were given a dividend of $0.08 per share. The ex-dividend date was Friday, August 8th. This represents a $0.32 dividend on an annualized basis and a yield of 0.6%. Warrior Met Coal's payout ratio is presently 41.56%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. B. Riley lowered their price objective on Warrior Met Coal from $76.00 to $74.00 and set a "buy" rating on the stock in a research report on Tuesday, July 22nd. UBS Group increased their price target on shares of Warrior Met Coal from $50.00 to $60.00 and gave the company a "neutral" rating in a report on Wednesday, August 20th. BMO Capital Markets set a $55.00 price target on shares of Warrior Met Coal and gave the company a "market perform" rating in a research note on Thursday, August 7th. Finally, Wall Street Zen lowered Warrior Met Coal from a "hold" rating to a "sell" rating in a research note on Saturday. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $63.50.

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.