Susquehanna Fundamental Investments LLC Takes $2.53 Million Position in Alpha Metallurgical Resources, Inc. (NYSE:AMR)

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Alpha Metallurgical Resources, Inc. (NYSE:AMR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 12,631 shares of the energy company's stock, valued at approximately $2,528,000. Susquehanna Fundamental Investments LLC owned approximately 0.10% of Alpha Metallurgical Resources at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. New Age Alpha Advisors LLC bought a new position in Alpha Metallurgical Resources during the fourth quarter valued at about $40,000. FNY Investment Advisers LLC acquired a new position in shares of Alpha Metallurgical Resources during the 4th quarter valued at about $50,000. PNC Financial Services Group Inc. raised its stake in shares of Alpha Metallurgical Resources by 127.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 289 shares of the energy company's stock valued at $58,000 after acquiring an additional 162 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Alpha Metallurgical Resources by 127.7% in the 4th quarter. GAMMA Investing LLC now owns 312 shares of the energy company's stock valued at $62,000 after acquiring an additional 175 shares in the last quarter. Finally, Jones Financial Companies Lllp acquired a new stake in Alpha Metallurgical Resources in the 4th quarter worth approximately $82,000. Institutional investors and hedge funds own 84.29% of the company's stock.

Alpha Metallurgical Resources Trading Up 4.7 %

Alpha Metallurgical Resources stock traded up $5.65 on Friday, reaching $126.86. 196,897 shares of the stock were exchanged, compared to its average volume of 231,271. Alpha Metallurgical Resources, Inc. has a twelve month low of $100.00 and a twelve month high of $334.72. The firm has a fifty day moving average price of $126.38 and a two-hundred day moving average price of $179.37. The stock has a market cap of $1.66 billion, a PE ratio of 4.66 and a beta of 1.08.

Alpha Metallurgical Resources (NYSE:AMR - Get Free Report) last posted its quarterly earnings data on Friday, February 28th. The energy company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.09). The business had revenue of $617.30 million during the quarter, compared to the consensus estimate of $658.20 million. Alpha Metallurgical Resources had a return on equity of 22.65% and a net margin of 11.08%. The company's revenue for the quarter was down 35.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $12.88 earnings per share. Equities analysts anticipate that Alpha Metallurgical Resources, Inc. will post 14.31 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, B. Riley lowered their price target on Alpha Metallurgical Resources from $272.00 to $183.00 and set a "buy" rating on the stock in a report on Friday, April 11th.

Alpha Metallurgical Resources Profile

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.