GAMMA Investing LLC Grows Stock Position in Warrior Met Coal, Inc. (NYSE:HCC)

GAMMA Investing LLC raised its position in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 5,173.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 52,158 shares of the company's stock after purchasing an additional 51,169 shares during the quarter. GAMMA Investing LLC owned 0.10% of Warrior Met Coal worth $2,489,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Quadrant Capital Group LLC grew its stake 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 valued at $64,000 after purchasing an additional 279 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Warrior Met Coal by 304.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company's stock worth $75,000 after buying an additional 1,040 shares during the last quarter. Sterling Capital Management LLC grew its holdings in Warrior Met Coal by 818.0% during the fourth quarter. Sterling Capital Management LLC now owns 1,634 shares of the company's stock worth $89,000 after acquiring an additional 1,456 shares during the period. Wolverine Asset Management LLC grew its holdings in Warrior Met Coal by 264.4% during the fourth quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company's stock worth $94,000 after acquiring an additional 2,800 shares during the period. Finally, Covestor Ltd grew its holdings in Warrior Met Coal by 46.6% during the fourth quarter. Covestor Ltd now owns 2,287 shares of the company's stock worth $124,000 after acquiring an additional 727 shares during the period. Hedge funds and other institutional investors own 92.28% of the company's stock.

Warrior Met Coal Price Performance

HCC traded up $0.07 during trading on Monday, hitting $46.86. The company's stock had a trading volume of 721,013 shares, compared to its average volume of 821,764. 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 twelve month low of $38.00 and a twelve month high of $75.53. The business's fifty day simple moving average is $47.15 and its 200 day simple moving average is $50.78. The firm has a market capitalization of $2.46 billion, a price-to-earnings ratio of 9.78 and a beta of 0.69.

Warrior Met Coal (NYSE:HCC - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported ($0.16) EPS 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 period in the previous year, the business posted $2.63 earnings per share. The firm's revenue for the quarter was down 40.4% on a year-over-year basis. On average, equities research analysts forecast that Warrior Met Coal, Inc. will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

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

Wall Street Analysts Forecast Growth

HCC has been the topic of several analyst reports. UBS Group dropped their target price on Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating on the stock in a report on Wednesday, May 7th. B. Riley dropped their target price on Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating on the stock in a report 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.