Integrated Wealth Concepts LLC Invests $2.77 Million in Warrior Met Coal, Inc. (NYSE:HCC)

Integrated Wealth Concepts LLC purchased a new position in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 51,148 shares of the company's stock, valued at approximately $2,774,000. Integrated Wealth Concepts LLC owned 0.10% of Warrior Met Coal as of its most recent SEC filing.

Several other large investors have also made changes to their positions in HCC. FNY Investment Advisers LLC acquired a new position in shares of Warrior Met Coal during the fourth quarter worth approximately $43,000. GAMMA Investing LLC increased its holdings in shares of Warrior Met Coal by 56.7% in the fourth quarter. GAMMA Investing LLC now owns 989 shares of the company's stock worth $54,000 after acquiring an additional 358 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in Warrior Met Coal by 31.0% during 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 during the period. Smartleaf Asset Management LLC raised its holdings in shares of Warrior Met Coal by 304.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company's stock worth $75,000 after acquiring an additional 1,040 shares during the period. Finally, Sterling Capital Management LLC lifted its holdings in shares of Warrior Met Coal by 818.0% in the fourth 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. Institutional investors own 92.28% of the company's stock.

Warrior Met Coal Trading Up 4.4 %

HCC traded up $1.99 during midday trading on Friday, hitting $47.40. 321,933 shares of the company were exchanged, compared to its average volume of 787,139. The firm has a market capitalization of $2.49 billion, a P/E ratio of 9.92 and a beta of 0.80. Warrior Met Coal, Inc. has a 1-year low of $38.00 and a 1-year high of $75.53. The company has a quick ratio of 3.99, a current ratio of 5.20 and a debt-to-equity ratio of 0.09. The firm's 50 day moving average price is $47.57 and its 200-day moving average price is $55.34.

Warrior Met Coal (NYSE:HCC - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.11). Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. The business had revenue of $299.94 million during the quarter, compared to analyst estimates of $296.39 million. During the same period last year, the firm posted $2.63 earnings per share. Warrior Met Coal's quarterly revenue was down 40.4% compared to the same quarter last year. As a group, equities analysts forecast that Warrior Met Coal, Inc. will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 12th. Shareholders of record on Monday, May 5th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date of this dividend is Monday, May 5th. Warrior Met Coal's dividend payout ratio is currently 6.68%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on HCC. Benchmark reissued a "hold" rating on shares of Warrior Met Coal in a research report on Friday, February 14th. B. Riley decreased their price target on shares of Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Finally, Jefferies Financial Group lowered their price objective on Warrior Met Coal from $75.00 to $65.00 and set a "buy" rating on the stock in a research report on Monday, January 6th.

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.