Warrior Met Coal (NYSE:HCC) Shares Acquired by Kennondale Capital Management LLC

Kennondale Capital Management LLC increased its holdings in Warrior Met Coal (NYSE:HCC - Free Report) by 39.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,586 shares of the company's stock after buying an additional 10,839 shares during the quarter. Warrior Met Coal comprises approximately 2.0% of Kennondale Capital Management LLC's investment portfolio, making the stock its 17th largest holding. Kennondale Capital Management LLC owned 0.07% of Warrior Met Coal worth $1,841,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of HCC. T. Rowe Price Investment Management Inc. grew its stake in shares of Warrior Met Coal by 272.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,994,301 shares of the company's stock worth $108,171,000 after purchasing an additional 1,458,279 shares during the period. Dalal Street LLC grew its stake in shares of Warrior Met Coal by 144.1% during the 4th quarter. Dalal Street LLC now owns 1,704,670 shares of the company's stock worth $92,461,000 after purchasing an additional 1,006,263 shares during the period. Victory Capital Management Inc. grew its stake in shares of Warrior Met Coal by 1,918.4% during the 1st quarter. Victory Capital Management Inc. now owns 680,515 shares of the company's stock worth $32,474,000 after purchasing an additional 646,799 shares during the period. Silver Point Capital L.P. acquired a new stake in shares of Warrior Met Coal during the 4th quarter worth approximately $34,985,000. Finally, Woodline Partners LP grew its stake in shares of Warrior Met Coal by 224.2% during the 4th quarter. Woodline Partners LP now owns 670,380 shares of the company's stock worth $36,361,000 after purchasing an additional 463,577 shares during the period. Institutional investors and hedge funds own 92.28% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on HCC. UBS Group dropped their price target on shares of Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 7th. B. Riley decreased their price objective on Warrior Met Coal from $76.00 to $74.00 and set a "buy" rating on the stock in a report on Tuesday.

Warrior Met Coal Trading Down 1.9%

Shares of NYSE HCC traded down $1.11 during trading on Thursday, hitting $58.04. 1,153,653 shares of the company were exchanged, compared to its average volume of 980,039. Warrior Met Coal has a 12-month low of $38.00 and a 12-month high of $75.15. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.00 and a current ratio of 5.14. The company has a fifty day moving average price of $47.75 and a 200-day moving average price of $48.88. The firm has a market capitalization of $3.05 billion, a PE ratio of 28.87 and a beta of 0.67.

Warrior Met Coal (NYSE:HCC - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.11). The business had revenue of $299.94 million for the quarter, compared to analyst estimates of $296.39 million. Warrior Met Coal had a return on equity of 5.41% and a net margin of 7.98%. The firm's revenue for the quarter was down 40.4% compared to the same quarter last year. During the same period in the previous year, the business posted $2.63 earnings per share. As a group, equities research analysts expect that Warrior Met Coal will post 4.86 EPS for the current year.

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.