Northern Trust Corp Has $35.04 Million Position in Warrior Met Coal, Inc. (NYSE:HCC)

Northern Trust Corp raised its position in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 7.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 645,961 shares of the company's stock after buying an additional 43,658 shares during the quarter. Northern Trust Corp owned 1.23% of Warrior Met Coal worth $35,037,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in HCC. Barclays PLC boosted its position in shares of Warrior Met Coal by 413.2% in the third quarter. Barclays PLC now owns 101,302 shares of the company's stock valued at $6,474,000 after acquiring an additional 81,561 shares during the period. Franklin Resources Inc. raised its stake in Warrior Met Coal by 3.6% in the 3rd quarter. Franklin Resources Inc. now owns 61,209 shares of the company's stock worth $3,966,000 after purchasing an additional 2,114 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Warrior Met Coal by 3.8% in the 3rd quarter. Principal Financial Group Inc. now owns 298,308 shares of the company's stock valued at $19,062,000 after purchasing an additional 10,787 shares during the period. GAMMA Investing LLC grew its position in shares of Warrior Met Coal by 56.7% during the 4th quarter. GAMMA Investing LLC now owns 989 shares of the company's stock worth $54,000 after purchasing an additional 358 shares in the last quarter. Finally, FNY Investment Advisers LLC bought a new position in shares of Warrior Met Coal during the fourth quarter worth approximately $43,000. Institutional investors own 92.28% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on HCC. Benchmark reissued a "hold" rating on shares of Warrior Met Coal in a research report on Friday, February 14th. B. Riley reduced their target price on Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Finally, UBS Group dropped their price target on Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating for the company in a research note on Wednesday.

Warrior Met Coal Stock Down 0.2 %

NYSE HCC opened at $45.20 on Friday. Warrior Met Coal, Inc. has a fifty-two week low of $38.00 and a fifty-two week high of $75.53. The business has a fifty day moving average price of $47.22 and a two-hundred day moving average price of $54.67. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.20 and a quick ratio of 3.99. The stock has a market capitalization of $2.38 billion, a PE ratio of 9.44 and a beta of 0.75.

Warrior Met Coal (NYSE:HCC - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.11). The business had revenue of $299.94 million during the quarter, compared to analyst estimates of $296.39 million. Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. The business's quarterly revenue was down 40.4% compared to the same quarter last year. During the same period last year, the business earned $2.63 earnings per share. Equities analysts expect that Warrior Met Coal, Inc. will post 4.86 earnings per share 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. Investors of record on Monday, May 5th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.71%. The ex-dividend date is Monday, May 5th. Warrior Met Coal's payout ratio is 15.92%.

About Warrior Met Coal

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.

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