OMERS ADMINISTRATION Corp Lowers Position in Warrior Met Coal, Inc. (NYSE:HCC)

OMERS ADMINISTRATION Corp trimmed its holdings in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 39.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,200 shares of the company's stock after selling 12,900 shares during the quarter. OMERS ADMINISTRATION Corp's holdings in Warrior Met Coal were worth $1,096,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Barclays PLC boosted its stake in shares of Warrior Met Coal by 413.2% during the 3rd quarter. Barclays PLC now owns 101,302 shares of the company's stock worth $6,474,000 after acquiring an additional 81,561 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of Warrior Met Coal by 3.8% in the 3rd quarter. Principal Financial Group Inc. now owns 298,308 shares of the company's stock worth $19,062,000 after purchasing an additional 10,787 shares in the last quarter. O Keefe Stevens Advisory Inc. raised its holdings in Warrior Met Coal by 1.0% in the 4th quarter. O Keefe Stevens Advisory Inc. now owns 268,262 shares of the company's stock worth $14,551,000 after purchasing an additional 2,685 shares during the period. Nisa Investment Advisors LLC lifted its position in Warrior Met Coal by 7.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 6,542 shares of the company's stock valued at $355,000 after purchasing an additional 471 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in Warrior Met Coal by 87.3% during the fourth quarter. SG Americas Securities LLC now owns 8,427 shares of the company's stock valued at $457,000 after purchasing an additional 3,929 shares in the last quarter. 92.28% of the stock is currently owned by institutional investors.

Warrior Met Coal Price Performance

Shares of HCC traded down $1.83 during trading hours on Thursday, reaching $46.13. 163,547 shares of the stock traded hands, compared to its average volume of 802,938. The company has a market cap of $2.42 billion, a P/E ratio of 9.63 and a beta of 0.75. The company has a current ratio of 5.20, a quick ratio of 3.99 and a debt-to-equity ratio of 0.09. The company's 50-day moving average price is $47.15 and its two-hundred day moving average price is $53.90. Warrior Met Coal, Inc. has a 52-week low of $38.00 and a 52-week high of $75.53.

Warrior Met Coal (NYSE:HCC - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.11). Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. The business had revenue of $299.94 million for the quarter, compared to the consensus estimate of $296.39 million. During the same period in the prior year, the business earned $2.63 earnings per share. Warrior Met Coal's revenue was down 40.4% compared to the same quarter last year. On average, analysts anticipate that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current year.

Warrior Met Coal Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, May 12th. Investors of record on Monday, May 5th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend was Monday, May 5th. Warrior Met Coal's dividend payout ratio (DPR) is presently 15.92%.

Wall Street Analyst Weigh In

HCC has been the topic of several recent research reports. B. Riley decreased their price objective on Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Benchmark reiterated a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Finally, UBS Group decreased their target price on shares of Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 7th.

Warrior Met Coal 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.