PDT Partners LLC Acquires Shares of 215,617 Peabody Energy Co. (NYSE:BTU)

PDT Partners LLC acquired a new stake in shares of Peabody Energy Co. (NYSE:BTU - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 215,617 shares of the coal producer's stock, valued at approximately $4,515,000. PDT Partners LLC owned 0.18% of Peabody Energy at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of BTU. Steward Partners Investment Advisory LLC increased its position in shares of Peabody Energy by 144.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,951 shares of the coal producer's stock valued at $83,000 after acquiring an additional 2,333 shares in the last quarter. Aquatic Capital Management LLC bought a new stake in shares of Peabody Energy during the 4th quarter valued at $3,474,000. Rhumbline Advisers increased its position in Peabody Energy by 2.4% in the fourth quarter. Rhumbline Advisers now owns 327,601 shares of the coal producer's stock worth $6,860,000 after buying an additional 7,586 shares in the last quarter. Elevate Capital Advisors LLC bought a new stake in Peabody Energy during the 4th quarter worth approximately $1,889,000. Finally, Sanctuary Advisors LLC lifted its stake in shares of Peabody Energy by 15.7% during the 4th quarter. Sanctuary Advisors LLC now owns 43,766 shares of the coal producer's stock valued at $916,000 after buying an additional 5,940 shares in the last quarter. Institutional investors own 87.44% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on BTU shares. Benchmark dropped their target price on shares of Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a research report on Friday, February 7th. Jefferies Financial Group lowered their price target on Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a research report on Monday, January 6th. Finally, B. Riley dropped their target price on Peabody Energy from $27.00 to $19.00 and set a "buy" rating for the company in a research report on Friday, April 11th.

Peabody Energy Stock Performance

Peabody Energy stock traded up $0.42 during midday trading on Friday, hitting $12.83. 3,921,830 shares of the company were exchanged, compared to its average volume of 3,260,437. The firm has a market capitalization of $1.56 billion, a PE ratio of 4.75 and a beta of 0.49. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.68 and a current ratio of 2.15. The business has a fifty day simple moving average of $12.87 and a two-hundred day simple moving average of $18.54. Peabody Energy Co. has a fifty-two week low of $9.61 and a fifty-two week high of $29.94.

Peabody Energy (NYSE:BTU - Get Free Report) last announced its earnings results on Thursday, February 6th. The coal producer reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.53 by ($0.25). Peabody Energy had a net margin of 8.75% and a return on equity of 10.33%. On average, sell-side analysts forecast that Peabody Energy Co. will post 2.61 earnings per share for the current year.

Peabody Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Wednesday, February 19th were issued a $0.075 dividend. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.30 annualized dividend and a yield of 2.34%. Peabody Energy's dividend payout ratio (DPR) is presently 11.11%.

Peabody Energy Profile

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.