Warrior Met Coal, Inc. (NYSE:HCC) Stock Position Trimmed by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp cut 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 disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,200 shares of the company's stock after selling 12,900 shares during the period. OMERS ADMINISTRATION Corp's holdings in Warrior Met Coal were worth $1,096,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of HCC. T. Rowe Price Investment Management Inc. boosted its holdings in Warrior Met Coal by 272.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,994,301 shares of the company's stock valued at $108,171,000 after purchasing an additional 1,458,279 shares during the last quarter. Dalal Street LLC raised its position in shares of Warrior Met Coal by 144.1% in the 4th quarter. Dalal Street LLC now owns 1,704,670 shares of the company's stock valued at $92,461,000 after purchasing an additional 1,006,263 shares in the last quarter. Hartree Partners LP purchased a new position in shares of Warrior Met Coal during the 4th quarter valued at approximately $8,760,000. Lloyd Harbor Capital Management LLC purchased a new position in shares of Warrior Met Coal during the 4th quarter valued at approximately $8,407,000. Finally, Mercuria Capital Strategies LLC acquired a new stake in shares of Warrior Met Coal during the fourth quarter worth approximately $8,354,000. 92.28% of the stock is currently owned by institutional investors and hedge funds.

Warrior Met Coal Stock Performance

Shares of Warrior Met Coal stock traded down $0.23 during trading hours on Wednesday, reaching $48.04. The company's stock had a trading volume of 1,086,019 shares, compared to its average volume of 803,718. 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, Inc. has a one year low of $38.00 and a one year high of $75.53. The company's 50 day simple moving average is $47.18 and its 200 day simple moving average is $53.94. The stock has a market cap of $2.52 billion, a P/E ratio of 10.03 and a beta of 0.75.

Warrior Met Coal (NYSE:HCC - Get Free Report) last issued its 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). The company had revenue of $299.94 million during the quarter, compared to analyst estimates of $296.39 million. Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. The business's revenue was down 40.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.63 earnings per share. As a group, analysts expect that Warrior Met Coal, Inc. will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, May 12th. Shareholders of record on Monday, May 5th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.67%. The ex-dividend date was Monday, May 5th. Warrior Met Coal's dividend payout ratio is presently 15.92%.

Analysts Set New Price Targets

HCC has been the topic of several recent analyst reports. Benchmark reaffirmed a "hold" rating on shares of Warrior Met Coal in a 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 for the company in a research report on Friday, April 11th. Finally, UBS Group reduced their price target on shares of Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 7th.

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.