Warrior Met Coal (NYSE:HCC) Trading Up 5.1%

Warrior Met Coal, Inc. (NYSE:HCC - Get Free Report)'s share price shot up 5.1% on Monday . The stock traded as high as $59.51 and last traded at $59.38. 219,256 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 840,022 shares. The stock had previously closed at $56.48.

Wall Street Analyst Weigh In

Separately, UBS Group began coverage on Warrior Met Coal in a report on Tuesday, January 16th. They issued a "neutral" rating and a $68.00 price objective for the company.

Warrior Met Coal Stock Performance

The company has a debt-to-equity ratio of 0.10, a current ratio of 7.24 and a quick ratio of 5.99. The stock has a market capitalization of $3.06 billion, a P/E ratio of 6.36 and a beta of 1.09. The company has a fifty day moving average of $58.76 and a two-hundred day moving average of $56.41.

Warrior Met Coal (NYSE:HCC - Get Free Report) last posted its earnings results on Wednesday, February 14th. The company reported $2.49 EPS for the quarter, missing the consensus estimate of $3.16 by ($0.67). The company had revenue of $363.80 million for the quarter, compared to the consensus estimate of $393.04 million. Warrior Met Coal had a net margin of 28.55% and a return on equity of 28.99%. The firm's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the company posted $1.90 earnings per share. On average, equities analysts anticipate that Warrior Met Coal, Inc. will post 8.41 EPS for the current year.

Warrior Met Coal Announces Dividend

The business also recently announced a None dividend, which was paid on Thursday, March 7th. Stockholders of record on Friday, March 1st were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, February 29th. Warrior Met Coal's dividend payout ratio (DPR) is presently 3.48%.

Insider Activity

In other Warrior Met Coal news, Director Alan H. Schumacher bought 2,000 shares of the stock in a transaction that occurred on Friday, February 23rd. The shares were purchased at an average cost of $58.15 per share, for a total transaction of $116,300.00. Following the transaction, the director now directly owns 30,270 shares in the company, valued at $1,760,200.50. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.00% of the company's stock.

Institutional Trading of Warrior Met Coal

Large investors have recently added to or reduced their stakes in the business. USA Financial Formulas acquired a new stake in Warrior Met Coal in the 4th quarter valued at approximately $25,000. Millburn Ridgefield Corp bought a new position in Warrior Met Coal during the 3rd quarter valued at $32,000. McGlone Suttner Wealth Management Inc. bought a new position in Warrior Met Coal during the 4th quarter valued at $38,000. Lazard Asset Management LLC boosted its stake in Warrior Met Coal by 117.7% during the 3rd quarter. Lazard Asset Management LLC now owns 899 shares of the company's stock valued at $45,000 after purchasing an additional 486 shares in the last quarter. Finally, Quadrant Capital Group LLC boosted its stake in Warrior Met Coal by 79.2% during the 4th quarter. Quadrant Capital Group LLC now owns 1,000 shares of the company's stock valued at $61,000 after purchasing an additional 442 shares in the last quarter. 92.28% of the stock is currently owned by institutional investors and hedge funds.

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.