Wexford Capital LP Purchases Shares of 72,336 Warrior Met Coal, Inc. (NYSE:HCC)

Wexford Capital LP bought a new stake in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 72,336 shares of the company's stock, valued at approximately $3,924,000. Warrior Met Coal makes up approximately 0.6% of Wexford Capital LP's portfolio, making the stock its 28th largest position. Wexford Capital LP owned about 0.14% of Warrior Met Coal at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Barclays PLC lifted its stake in Warrior Met Coal by 413.2% in the third quarter. Barclays PLC now owns 101,302 shares of the company's stock valued at $6,474,000 after purchasing an additional 81,561 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in Warrior Met Coal by 7.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 6,542 shares of the company's stock valued at $355,000 after buying an additional 471 shares during the period. SG Americas Securities LLC boosted its stake in Warrior Met Coal by 87.3% during the fourth quarter. SG Americas Securities LLC now owns 8,427 shares of the company's stock valued at $457,000 after buying an additional 3,929 shares during the period. Exchange Traded Concepts LLC increased its stake in Warrior Met Coal by 2.4% in the fourth quarter. Exchange Traded Concepts LLC now owns 34,914 shares of the company's stock valued at $1,894,000 after acquiring an additional 827 shares during the last quarter. Finally, KBC Group NV increased its stake in Warrior Met Coal by 25.0% in the fourth quarter. KBC Group NV now owns 2,139 shares of the company's stock valued at $116,000 after acquiring an additional 428 shares during the last quarter. 92.28% of the stock is owned by institutional investors.

Warrior Met Coal Stock Performance

Shares of HCC opened at $48.61 on Monday. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.20 and a quick ratio of 3.99. Warrior Met Coal, Inc. has a one year low of $38.00 and a one year high of $75.53. The company has a 50-day simple moving average of $47.18 and a two-hundred day simple moving average of $54.09. The firm has a market capitalization of $2.55 billion, a PE ratio of 10.15 and a beta of 0.75.

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 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 last year, the business earned $2.63 earnings per share. The business's quarterly revenue was down 40.4% on a year-over-year basis. On average, analysts anticipate 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. Investors of record on Monday, May 5th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend was Monday, May 5th. Warrior Met Coal's dividend payout ratio (DPR) is presently 15.92%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on HCC. Benchmark reaffirmed a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. B. Riley dropped their target price on shares of Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating for the company in a report on Friday, April 11th. Finally, UBS Group dropped their target price on shares of Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating for the company in a report on Wednesday, May 7th.

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.

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