GAMMA Investing LLC Has $2.49 Million Stock Position in Warrior Met Coal, Inc. (NYSE:HCC)

GAMMA Investing LLC raised its position in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 5,173.8% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 52,158 shares of the company's stock after buying an additional 51,169 shares during the period. GAMMA Investing LLC owned about 0.10% of Warrior Met Coal worth $2,489,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in HCC. River Road Asset Management LLC lifted its stake in shares of Warrior Met Coal by 2.1% during the fourth 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 period. D. E. Shaw & Co. Inc. raised its holdings in Warrior Met Coal by 14.4% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 58,877 shares of the company's stock worth $3,193,000 after purchasing an additional 7,426 shares during the last quarter. Hosking Partners LLP lifted its position in Warrior Met Coal by 9.6% during 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 stake 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 last quarter. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Warrior Met Coal in the 4th quarter valued at about $1,300,000. 92.28% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HCC has been the topic of several analyst reports. B. Riley cut their price objective on shares of Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Benchmark restated a "hold" rating on shares of Warrior Met Coal in a report on Friday, February 14th. Finally, UBS Group dropped their price objective 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.

Warrior Met Coal Stock Down 0.7%

Shares of Warrior Met Coal stock traded down $0.34 during trading hours on Friday, reaching $46.72. 798,179 shares of the company's stock were exchanged, compared to its average volume of 822,168. The stock has a market cap of $2.46 billion, a P/E ratio of 9.75 and a beta of 0.69. The company has a 50 day moving average of $47.08 and a two-hundred day moving average of $51.08. 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 fifty-two week low of $38.00 and a fifty-two week high of $75.53.

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

Warrior Met Coal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 12th. Stockholders of record on Monday, May 5th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.69%. The ex-dividend date of this dividend was Monday, May 5th. Warrior Met Coal's payout ratio is presently 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.