30,000 Shares in Peabody Energy Co. (NYSE:BTU) Purchased by Lighthouse Investment Partners LLC

Lighthouse Investment Partners LLC purchased a new position in Peabody Energy Co. (NYSE:BTU - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 30,000 shares of the coal producer's stock, valued at approximately $628,000.

Other institutional investors have also bought and sold shares of the company. Smartleaf Asset Management LLC increased its stake in Peabody Energy by 167.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,189 shares of the coal producer's stock worth $25,000 after buying an additional 744 shares in the last quarter. Quarry LP purchased a new stake in Peabody Energy in the 4th quarter worth $26,000. Byrne Asset Management LLC increased its stake in Peabody Energy by 63.3% in the 4th 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 increased its stake in Peabody Energy by 45.0% in the 4th quarter. Altshuler Shaham Ltd now owns 2,900 shares of the coal producer's stock worth $61,000 after buying an additional 900 shares in the last quarter. Finally, Natixis purchased a new stake in Peabody Energy in the 4th quarter worth $67,000. Hedge funds and other institutional investors own 87.44% of the company's stock.

Wall Street Analysts Forecast Growth

BTU has been the subject of a number of research analyst reports. Benchmark cut their price objective on Peabody Energy from $26.00 to $23.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th. B. Riley cut their price objective on Peabody Energy from $27.00 to $19.00 and set a "buy" rating for the company in a research report on Friday, April 11th.

Peabody Energy Price Performance

Shares of Peabody Energy stock traded down $0.10 during trading on Tuesday, reaching $13.97. 816,730 shares of the stock traded hands, compared to its average volume of 3,419,224. The company has a market capitalization of $1.70 billion, a price-to-earnings ratio of 5.18 and a beta of 0.49. The business has a fifty day simple moving average of $13.14 and a two-hundred day simple moving average of $17.68. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.15 and a quick ratio of 1.68. Peabody Energy Co. has a 52-week low of $9.61 and a 52-week high of $29.94.

Peabody Energy (NYSE:BTU - Get Free Report) last issued 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 firm had revenue of $937.00 million during 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 quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.30 earnings per share. Sell-side analysts expect that Peabody Energy Co. will post 2.61 EPS for the current year.

Peabody Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Thursday, May 15th will be given 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 2.15%. Peabody Energy's dividend payout ratio is currently 11.19%.

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.