LSP Investment Advisors LLC Makes New Investment in Warrior Met Coal, Inc. (NYSE:HCC)

LSP Investment Advisors LLC purchased a new stake in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 45,600 shares of the company's stock, valued at approximately $2,473,000. Warrior Met Coal accounts for about 1.8% of LSP Investment Advisors LLC's portfolio, making the stock its 11th biggest position. LSP Investment Advisors LLC owned about 0.09% of Warrior Met Coal at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Summit Investment Advisors Inc. raised its holdings in shares of Warrior Met Coal by 5.0% during the 4th quarter. Summit Investment Advisors Inc. now owns 5,424 shares of the company's stock worth $294,000 after buying an additional 260 shares in the last quarter. Graham Capital Wealth Management LLC boosted its holdings in Warrior Met Coal by 0.6% in the fourth quarter. Graham Capital Wealth Management LLC now owns 47,818 shares of the company's stock worth $2,594,000 after acquiring an additional 273 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in Warrior Met Coal by 2.6% in the fourth quarter. Sanctuary Advisors LLC now owns 10,800 shares of the company's stock worth $577,000 after acquiring an additional 276 shares in the last quarter. Quadrant Capital Group LLC boosted its position in shares of Warrior Met Coal by 31.0% during the fourth quarter. Quadrant Capital Group LLC now owns 1,179 shares of the company's stock valued at $64,000 after buying an additional 279 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Warrior Met Coal by 5.6% in the 4th quarter. HighTower Advisors LLC now owns 5,878 shares of the company's stock worth $319,000 after acquiring an additional 314 shares in the last quarter. 92.28% of the stock is owned by institutional investors and hedge funds.

Warrior Met Coal Price Performance

Shares of NYSE HCC traded down $2.33 during mid-day trading on Thursday, reaching $45.49. The company's stock had a trading volume of 1,935,409 shares, compared to its average volume of 788,923. The stock has a fifty day moving average of $47.57 and a two-hundred day moving average of $55.34. Warrior Met Coal, Inc. has a 52 week low of $38.00 and a 52 week high of $75.53. The firm has a market capitalization of $2.39 billion, a PE ratio of 9.50 and a beta of 0.80. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.20 and a quick ratio of 3.99.

Warrior Met Coal (NYSE:HCC - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of $0.12 by ($0.28). The firm had revenue of $299.94 million for the quarter, compared to analysts' expectations of $296.39 million. Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. The company's revenue for the quarter was down 40.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.63 earnings per share. As a group, sell-side analysts anticipate that Warrior Met Coal, Inc. will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 12th. Stockholders of record on Monday, May 5th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, May 5th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.70%. Warrior Met Coal's payout ratio is 6.68%.

Analyst Ratings Changes

HCC has been the subject of a number of research analyst reports. Jefferies Financial Group decreased their price objective on shares of Warrior Met Coal from $75.00 to $65.00 and set a "buy" rating for the company in a report on Monday, January 6th. Benchmark reaffirmed a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Finally, 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.

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.