Adage Capital Partners GP L.L.C. Has $2.86 Million Holdings in Hallador Energy (NASDAQ:HNRG)

Adage Capital Partners GP L.L.C. increased its stake in shares of Hallador Energy (NASDAQ:HNRG - Free Report) by 92.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 250,000 shares of the energy company's stock after buying an additional 120,000 shares during the quarter. Adage Capital Partners GP L.L.C. owned 0.59% of Hallador Energy worth $2,862,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of HNRG. Yaupon Capital Management LP bought a new stake in Hallador Energy during the 4th quarter worth approximately $4,034,000. MetLife Investment Management LLC increased its stake in shares of Hallador Energy by 15.4% in the fourth quarter. MetLife Investment Management LLC now owns 14,894 shares of the energy company's stock valued at $171,000 after buying an additional 1,990 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Hallador Energy by 10.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,883,814 shares of the energy company's stock valued at $21,569,000 after buying an additional 173,749 shares during the last quarter. XTX Topco Ltd acquired a new position in Hallador Energy during the 4th quarter worth about $121,000. Finally, Barclays PLC grew its holdings in Hallador Energy by 14.9% during the 4th quarter. Barclays PLC now owns 38,066 shares of the energy company's stock worth $436,000 after acquiring an additional 4,935 shares during the last quarter. 61.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

HNRG has been the subject of several research reports. B. Riley lifted their target price on Hallador Energy from $13.00 to $15.00 and gave the company a "buy" rating in a research note on Tuesday, April 1st. StockNews.com raised shares of Hallador Energy from a "sell" rating to a "hold" rating in a research note on Monday, April 7th.

Hallador Energy Stock Performance

NASDAQ:HNRG traded up $0.08 during mid-day trading on Monday, reaching $14.74. 89,192 shares of the company's stock were exchanged, compared to its average volume of 573,378. The business's fifty day simple moving average is $12.11 and its two-hundred day simple moving average is $11.71. Hallador Energy has a one year low of $4.86 and a one year high of $15.22. The firm has a market capitalization of $633.51 million, a PE ratio of -26.75 and a beta of 0.42. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.17 and a current ratio of 0.58.

Hallador Energy (NASDAQ:HNRG - Get Free Report) last announced its quarterly earnings data on Monday, March 17th. The energy company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.03) by $0.01. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. The business had revenue of $94.80 million for the quarter, compared to analysts' expectations of $102.46 million. Analysts anticipate that Hallador Energy will post -0.31 earnings per share for the current fiscal year.

About Hallador Energy

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.