113,186 Shares in Peabody Energy Co. (NYSE:BTU) Acquired by Gotham Asset Management LLC

Gotham Asset Management LLC acquired a new stake in Peabody Energy Co. (NYSE:BTU - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 113,186 shares of the coal producer's stock, valued at approximately $2,370,000. Gotham Asset Management LLC owned 0.09% of Peabody Energy as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Smartleaf Asset Management LLC lifted its holdings in Peabody Energy by 167.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,189 shares of the coal producer's stock valued at $25,000 after acquiring an additional 744 shares during the period. Quarry LP acquired a new position in shares of Peabody Energy in the 4th quarter valued at $26,000. Byrne Asset Management LLC boosted its holdings in Peabody Energy by 63.3% during the fourth quarter. Byrne Asset Management LLC now owns 1,755 shares of the coal producer's stock worth $37,000 after buying an additional 680 shares in the last quarter. Altshuler Shaham Ltd grew its position in Peabody Energy by 45.0% during the fourth quarter. Altshuler Shaham Ltd now owns 2,900 shares of the coal producer's stock valued at $61,000 after buying an additional 900 shares during the period. Finally, Natixis purchased a new position in Peabody Energy in the fourth quarter valued at $67,000. Hedge funds and other institutional investors own 87.44% of the company's stock.

Peabody Energy Price Performance

Shares of NYSE BTU traded down $0.66 during trading on Monday, hitting $14.05. The company had a trading volume of 4,770,333 shares, compared to its average volume of 3,429,306. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 5.20 and a beta of 0.49. The stock has a fifty day simple moving average of $13.11 and a two-hundred day simple moving average of $17.77. The company has a quick ratio of 1.68, a current ratio of 2.15 and a debt-to-equity ratio of 0.27. Peabody Energy Co. has a fifty-two week low of $9.61 and a fifty-two week high of $29.94.

Peabody Energy (NYSE:BTU - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The coal producer reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.20. The firm had revenue of $937.00 million for the quarter, compared to analyst estimates of $976.57 million. Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%. The business's revenue was down 4.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.30 earnings per share. On average, research analysts expect that Peabody Energy Co. will post 2.61 earnings per share for the current year.

Peabody Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Thursday, May 15th will be paid a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.30 annualized dividend and a yield of 2.14%. Peabody Energy's dividend payout ratio is presently 11.19%.

Analysts Set New Price Targets

A number of research firms have recently commented on BTU. B. Riley dropped their target price on Peabody Energy from $27.00 to $19.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Benchmark lowered their price target on Peabody Energy from $26.00 to $23.00 and set a "buy" rating on the stock in a research report on Wednesday, May 7th.

About Peabody Energy

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.