Wellington Management Group LLP Has $6.60 Million Position in Warrior Met Coal, Inc. (NYSE:HCC)

Wellington Management Group LLP decreased its holdings in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 50.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,670 shares of the company's stock after selling 122,481 shares during the quarter. Wellington Management Group LLP owned about 0.23% of Warrior Met Coal worth $6,599,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Quadrant Capital Group LLC lifted its holdings in Warrior Met Coal by 31.0% in the 4th quarter. Quadrant Capital Group LLC now owns 1,179 shares of the company's stock worth $64,000 after buying an additional 279 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Warrior Met Coal by 304.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company's stock valued at $75,000 after purchasing an additional 1,040 shares in the last quarter. Sterling Capital Management LLC raised its stake in shares of Warrior Met Coal by 818.0% in the 4th quarter. Sterling Capital Management LLC now owns 1,634 shares of the company's stock valued at $89,000 after purchasing an additional 1,456 shares in the last quarter. Wolverine Asset Management LLC raised its stake in shares of Warrior Met Coal by 264.4% in the 4th quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company's stock valued at $94,000 after purchasing an additional 2,800 shares in the last quarter. Finally, KBC Group NV raised its stake in shares of Warrior Met Coal by 25.0% in the 4th quarter. KBC Group NV now owns 2,139 shares of the company's stock valued at $116,000 after purchasing an additional 428 shares in the last quarter. Institutional investors and hedge funds own 92.28% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. 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 research note on Wednesday, May 7th. Benchmark reissued a "hold" rating on shares of Warrior Met Coal in a report on Friday, February 14th. Finally, B. Riley lowered their price objective on Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating for the company in a research note on Friday, April 11th.

Warrior Met Coal Trading Up 2.0%

Shares of NYSE:HCC traded up $0.91 during mid-day trading on Friday, hitting $47.50. The stock had a trading volume of 551,096 shares, compared to its average volume of 817,892. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20. The company has a market cap of $2.50 billion, a PE ratio of 9.92 and a beta of 0.69. Warrior Met Coal, Inc. has a 12-month low of $38.00 and a 12-month high of $75.53. The company's 50 day moving average is $46.64 and its 200-day moving average is $52.01.

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 analysts' consensus estimates of ($0.05) by ($0.11). Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. The company had revenue of $299.94 million during the quarter, compared to analysts' expectations of $296.39 million. During the same quarter in the previous year, the company earned $2.63 EPS. The firm's quarterly revenue was down 40.4% compared to the same quarter last year. On average, sell-side analysts predict that Warrior Met Coal, Inc. will post 4.86 EPS for the current year.

Warrior Met Coal Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 12th. Investors of record on Monday, May 5th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.67%. The ex-dividend date of this dividend was Monday, May 5th. Warrior Met Coal's payout ratio is presently 15.92%.

Warrior Met Coal Company 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.