Nuveen Asset Management LLC Sells 12,246 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

Nuveen Asset Management LLC reduced its stake in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 8.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 140,283 shares of the company's stock after selling 12,246 shares during the period. Nuveen Asset Management LLC owned 0.27% of Warrior Met Coal worth $7,609,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. River Road Asset Management LLC increased its position in Warrior Met Coal by 2.1% during the 4th quarter. River Road Asset Management LLC now owns 888,388 shares of the company's stock valued at $48,186,000 after purchasing an additional 18,031 shares during the period. D. E. Shaw & Co. Inc. increased its position 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 valued at $3,193,000 after purchasing an additional 7,426 shares during the period. Hosking Partners LLP increased 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 increased its position in Warrior Met Coal by 32.5% during 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 period. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Warrior Met Coal during the 4th quarter valued at approximately $1,300,000. Institutional investors and hedge funds own 92.28% of the company's stock.

Analyst Ratings Changes

HCC has been the subject of several recent analyst reports. UBS Group reduced their price objective on shares of Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating for the company in a research report on Wednesday, May 7th. B. Riley decreased their target price 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, Benchmark reaffirmed a "hold" rating on shares of Warrior Met Coal in a research report on Friday, February 14th.

Warrior Met Coal Stock Down 1.0%

NYSE HCC traded down $0.44 during mid-day trading on Monday, hitting $45.01. The company's stock had a trading volume of 451,380 shares, compared to its average volume of 817,950. The company's 50 day simple moving average is $46.86 and its 200 day simple moving average is $52.51. Warrior Met Coal, Inc. has a twelve month low of $38.00 and a twelve month high of $75.53. 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 firm has a market capitalization of $2.37 billion, a price-to-earnings ratio of 9.39 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) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.11). The business had revenue of $299.94 million during the quarter, compared to analysts' expectations of $296.39 million. Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. Warrior Met Coal's quarterly revenue was down 40.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.63 EPS. Analysts anticipate that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current year.

Warrior Met Coal Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, May 12th. Stockholders of record on Monday, May 5th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date 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.