Hudson Bay Capital Management LP Has $32.33 Million Stake in Peabody Energy Co. (NYSE:BTU)

Hudson Bay Capital Management LP increased its holdings in shares of Peabody Energy Co. (NYSE:BTU - Free Report) by 30.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,543,915 shares of the coal producer's stock after acquiring an additional 360,000 shares during the period. Hudson Bay Capital Management LP owned about 1.27% of Peabody Energy worth $32,330,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Smartleaf Asset Management LLC lifted its position in Peabody Energy by 167.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,189 shares of the coal producer's stock valued at $25,000 after purchasing an additional 744 shares during the period. Quarry LP bought a new position in shares of Peabody Energy in the 4th quarter valued at $26,000. Byrne Asset Management LLC lifted its holdings in shares of 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 purchasing an additional 680 shares during the period. Altshuler Shaham Ltd increased its stake in shares of Peabody Energy by 45.0% in the 4th quarter. Altshuler Shaham Ltd now owns 2,900 shares of the coal producer's stock valued at $61,000 after acquiring an additional 900 shares in the last quarter. Finally, Natixis acquired a new stake in shares of Peabody Energy in the 4th quarter worth about $67,000. Institutional investors own 87.44% of the company's stock.

Peabody Energy Trading Up 0.5 %

Peabody Energy stock opened at $14.23 on Friday. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of 5.27 and a beta of 0.49. The stock has a 50-day moving average price of $12.94 and a 200 day moving average price of $18.17. Peabody Energy Co. has a 52 week low of $9.61 and a 52 week high of $29.94. 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 (NYSE:BTU - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The coal producer reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.20. The business had revenue of $937.00 million for the quarter, compared to analyst estimates of $976.57 million. Peabody Energy had a net margin of 8.75% and a return on equity of 10.33%. The company's revenue was down 4.7% on a year-over-year basis. During the same period last year, the business earned $0.30 EPS. Sell-side analysts anticipate that Peabody Energy Co. will post 2.61 EPS for the current year.

Peabody Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Thursday, May 15th will be paid a $0.075 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.30 annualized dividend and a yield of 2.11%. Peabody Energy's dividend payout ratio is currently 11.11%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on BTU shares. B. Riley decreased their price target on shares of Peabody Energy from $27.00 to $19.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Benchmark cut their price target on Peabody Energy from $26.00 to $23.00 and set a "buy" rating for the company in a report on Wednesday.

Peabody Energy Company Profile

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.

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