Numerai GP LLC Purchases New Stake in Warrior Met Coal, Inc. (NYSE:HCC)

Numerai GP LLC acquired a new position in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 7,411 shares of the company's stock, valued at approximately $402,000.

Several other institutional investors have also added to or reduced their stakes in the stock. FNY Investment Advisers LLC acquired a new stake in shares of Warrior Met Coal in the 4th quarter valued at about $43,000. Quadrant Capital Group LLC grew its holdings 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 worth $64,000 after buying an additional 279 shares in the last quarter. Smartleaf Asset Management LLC raised its position in Warrior Met Coal by 304.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company's stock valued at $75,000 after buying an additional 1,040 shares during the last quarter. Sterling Capital Management LLC lifted its stake in Warrior Met Coal by 818.0% in the 4th quarter. Sterling Capital Management LLC now owns 1,634 shares of the company's stock valued at $89,000 after acquiring an additional 1,456 shares in the last quarter. Finally, Wolverine Asset Management LLC boosted its position in Warrior Met Coal by 264.4% during the 4th quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company's stock worth $94,000 after acquiring an additional 2,800 shares during the last quarter. 92.28% of the stock is owned by institutional investors.

Warrior Met Coal Price Performance

Warrior Met Coal stock remained flat at $48.27 during mid-day trading on Wednesday. The company's stock had a trading volume of 153,278 shares, compared to its average volume of 800,036. Warrior Met Coal, Inc. has a fifty-two week low of $38.00 and a fifty-two week high of $75.53. The stock has a market capitalization of $2.54 billion, a PE ratio of 10.08 and a beta of 0.75. The company has a fifty day moving average of $47.18 and a 200 day moving average of $53.94. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20.

Warrior Met Coal (NYSE:HCC - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.11). The firm had revenue of $299.94 million for the quarter, compared to the consensus estimate 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 was down 40.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.63 EPS. On average, research analysts anticipate that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current fiscal year.

Warrior Met Coal Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, May 12th. Shareholders of record on Monday, May 5th were given a dividend of $0.08 per share. The ex-dividend date was Monday, May 5th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.66%. Warrior Met Coal's payout ratio is presently 15.92%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Benchmark reaffirmed a "hold" rating on shares of Warrior Met Coal in a research report on Friday, February 14th. B. Riley dropped their target price on shares of 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 reduced their price target on Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating for the company in a report on Wednesday, May 7th.

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.