Northern Trust Corp raised its stake in shares of Peabody Energy Co. (NYSE:BTU - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,620,897 shares of the coal producer's stock after acquiring an additional 33,742 shares during the period. Northern Trust Corp owned about 1.33% of Peabody Energy worth $33,942,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its holdings 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 acquiring an additional 744 shares during the last quarter. Quarry LP bought a new stake in Peabody Energy in the 4th quarter worth approximately $26,000. Byrne Asset Management LLC lifted its position in Peabody Energy by 63.3% in the fourth quarter. Byrne Asset Management LLC now owns 1,755 shares of the coal producer's stock valued at $37,000 after purchasing an additional 680 shares during the last quarter. Altshuler Shaham Ltd raised its holdings in shares of Peabody Energy by 45.0% during the fourth 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 purchased a new position in shares of Peabody Energy during the fourth quarter valued at about $67,000. 87.44% of the stock is currently owned by institutional investors.
Peabody Energy Trading Up 1.5%
Shares of Peabody Energy stock traded up $0.21 on Friday, reaching $14.52. The company had a trading volume of 913,491 shares, compared to its average volume of 4,778,015. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 5.38 and a beta of 0.49. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.15 and a quick ratio of 1.68. The firm's 50-day moving average price is $13.10 and its two-hundred day moving average price is $17.94. Peabody Energy Co. has a 1 year low of $9.61 and a 1 year 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. Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%. The company had revenue of $937.00 million for the quarter, compared to the consensus estimate of $976.57 million. During the same quarter last year, the company earned $0.30 earnings per share. The firm's revenue for the quarter was down 4.7% compared to the same quarter last year. As a group, research analysts predict that Peabody Energy Co. will post 2.61 earnings per share for the current fiscal year.
Peabody Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Thursday, May 15th will be paid a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 2.07%. The ex-dividend date is Thursday, May 15th. Peabody Energy's payout ratio is 11.19%.
Analyst Ratings Changes
A number of brokerages have recently issued reports on BTU. Benchmark lowered their price target on Peabody Energy from $26.00 to $23.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. B. Riley decreased their price objective on Peabody Energy from $27.00 to $19.00 and set a "buy" rating on the stock in a research note on Friday, April 11th.
Check Out Our Latest Report on BTU
Peabody Energy Profile
(
Free Report)
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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