River Road Asset Management LLC Acquires 6,593 Shares of Arch Resources, Inc. (NYSE:ARCH)

River Road Asset Management LLC increased its position in shares of Arch Resources, Inc. (NYSE:ARCH - Free Report) by 26.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,341 shares of the energy company's stock after acquiring an additional 6,593 shares during the period. River Road Asset Management LLC owned about 0.17% of Arch Resources worth $5,201,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in ARCH. Maple Rock Capital Partners Inc. increased its stake in shares of Arch Resources by 15,612.6% in the 1st quarter. Maple Rock Capital Partners Inc. now owns 350,739 shares of the energy company's stock valued at $46,108,000 after purchasing an additional 353,000 shares during the last quarter. Vanguard Group Inc. raised its stake in Arch Resources by 18.4% during the third quarter. Vanguard Group Inc. now owns 1,817,571 shares of the energy company's stock worth $215,564,000 after acquiring an additional 282,345 shares in the last quarter. BlackRock Inc. lifted its holdings in shares of Arch Resources by 24.4% in the second quarter. BlackRock Inc. now owns 1,261,637 shares of the energy company's stock worth $142,262,000 after acquiring an additional 247,238 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Arch Resources by 10,789.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 248,939 shares of the energy company's stock valued at $48,000 after purchasing an additional 246,653 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of Arch Resources by 1,196.2% in the 3rd quarter. Victory Capital Management Inc. now owns 261,725 shares of the energy company's stock valued at $44,666,000 after purchasing an additional 241,534 shares in the last quarter. 88.14% of the stock is owned by institutional investors.

Arch Resources Trading Down 1.0 %

Shares of ARCH stock traded down $1.64 on Thursday, hitting $162.66. The company had a trading volume of 357,717 shares, compared to its average volume of 477,844. Arch Resources, Inc. has a twelve month low of $102.42 and a twelve month high of $187.60. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.83 and a current ratio of 2.49. The firm has a market cap of $2.97 billion, a P/E ratio of 6.80 and a beta of 0.68. The stock's 50-day moving average is $165.05 and its two-hundred day moving average is $163.32.

Arch Resources (NYSE:ARCH - Get Free Report) last released its earnings results on Thursday, February 15th. The energy company reported $6.07 earnings per share for the quarter, missing analysts' consensus estimates of $6.90 by ($0.83). The firm had revenue of $774.00 million for the quarter, compared to analyst estimates of $704.53 million. Arch Resources had a net margin of 14.75% and a return on equity of 32.20%. The business's revenue for the quarter was down 9.9% compared to the same quarter last year. During the same period in the prior year, the company posted $23.18 EPS. On average, equities research analysts anticipate that Arch Resources, Inc. will post 16.73 earnings per share for the current fiscal year.

Arch Resources Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were issued a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $1.00 annualized dividend and a yield of 0.61%. Arch Resources's payout ratio is 4.16%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. BMO Capital Markets reiterated a "market perform" rating and issued a $165.00 price target (down from $180.00) on shares of Arch Resources in a research note on Wednesday, April 10th. Citigroup restated a "neutral" rating and set a $170.00 price target (down from $185.00) on shares of Arch Resources in a report on Thursday. StockNews.com lowered shares of Arch Resources from a "buy" rating to a "hold" rating in a report on Thursday, March 7th. Finally, B. Riley cut their target price on shares of Arch Resources from $198.00 to $193.00 and set a "buy" rating on the stock in a research report on Monday. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $177.00.

Insider Buying and Selling at Arch Resources

In related news, Director James N. Chapman sold 2,005 shares of the firm's stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $184.08, for a total transaction of $369,080.40. Following the completion of the sale, the director now owns 1,219 shares of the company's stock, valued at $224,393.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director James N. Chapman sold 2,005 shares of Arch Resources stock in a transaction on Friday, March 8th. The shares were sold at an average price of $184.08, for a total value of $369,080.40. Following the completion of the sale, the director now owns 1,219 shares in the company, valued at approximately $224,393.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman John W. Eaves sold 72,946 shares of the stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $185.03, for a total transaction of $13,497,198.38. Following the transaction, the chairman now directly owns 136,725 shares in the company, valued at $25,298,226.75. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 106,043 shares of company stock valued at $19,442,080. 5.40% of the stock is currently owned by insiders.

Arch Resources Company Profile

Arch Resources, Inc engages in the production and sale of metallurgical products. It operates in two segments, Metallurgical and Thermal. The company operates active mines. It owned or controlled primarily through long-term leases of coal land in Ohio, Maryland, Virginia, West Virginia, Wyoming, Kentucky, Montana, Pennsylvania, Colorado, and Illinois; and smaller parcels of property in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas.