29,080 Shares in Warrior Met Coal, Inc. (NYSE:HCC) Bought by Graham Capital Wealth Management LLC

Graham Capital Wealth Management LLC bought a new position in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 29,080 shares of the company's stock, valued at approximately $1,773,000. Warrior Met Coal accounts for about 4.7% of Graham Capital Wealth Management LLC's holdings, making the stock its 7th biggest position. Graham Capital Wealth Management LLC owned 0.06% of Warrior Met Coal as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Warrior Met Coal by 6.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 23,940 shares of the company's stock valued at $1,460,000 after buying an additional 1,471 shares in the last quarter. New York State Teachers Retirement System lifted its stake in Warrior Met Coal by 4.2% during the 4th quarter. New York State Teachers Retirement System now owns 27,638 shares of the company's stock valued at $1,685,000 after acquiring an additional 1,104 shares during the period. AlphaMark Advisors LLC bought a new position in shares of Warrior Met Coal in the 4th quarter worth approximately $297,000. McGlone Suttner Wealth Management Inc. bought a new position in shares of Warrior Met Coal in the 4th quarter worth approximately $38,000. Finally, Assenagon Asset Management S.A. bought a new position in shares of Warrior Met Coal in the 4th quarter worth approximately $44,388,000. 92.28% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Alan H. Schumacher acquired 2,000 shares of Warrior Met Coal stock in a transaction dated Friday, February 23rd. The shares were purchased at an average price of $58.15 per share, for a total transaction of $116,300.00. Following the completion of the transaction, the director now directly owns 30,270 shares in the company, valued at approximately $1,760,200.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.00% of the company's stock.

Warrior Met Coal Price Performance

Shares of Warrior Met Coal stock traded up $1.44 on Thursday, hitting $63.18. 907,347 shares of the company traded hands, compared to its average volume of 849,511. The stock has a market capitalization of $3.30 billion, a P/E ratio of 6.87 and a beta of 1.09. The company has a debt-to-equity ratio of 0.10, a quick ratio of 5.99 and a current ratio of 7.24. Warrior Met Coal, Inc. has a 52 week low of $31.97 and a 52 week high of $69.97. The business has a 50-day simple moving average of $58.45 and a 200 day simple moving average of $56.68.

Warrior Met Coal (NYSE:HCC - Get Free Report) last released its quarterly earnings data on Wednesday, February 14th. The company reported $2.49 earnings per share (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 company's quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.90 EPS. Research analysts expect that Warrior Met Coal, Inc. will post 8.41 earnings per share for the current fiscal year.

Warrior Met Coal Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on HCC shares. UBS Group assumed coverage on shares of Warrior Met Coal in a research note on Tuesday, January 16th. They issued a "neutral" rating and a $68.00 price objective on the stock. Citigroup upgraded shares of Warrior Met Coal from a "neutral" rating to a "buy" rating and raised their target price for the stock from $60.00 to $75.00 in a research note on Thursday. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $63.60.

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.

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