Mudita Advisors LLP Increases Position in Warrior Met Coal, Inc. (NYSE:HCC)

Mudita Advisors LLP lifted its stake in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 3.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 394,370 shares of the company's stock after acquiring an additional 14,600 shares during the quarter. Warrior Met Coal comprises about 12.0% of Mudita Advisors LLP's investment portfolio, making the stock its 2nd biggest holding. Mudita Advisors LLP owned 0.75% of Warrior Met Coal worth $21,391,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Price T Rowe Associates Inc. MD lifted its position in Warrior Met Coal by 5.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,259,608 shares of the company's stock worth $122,563,000 after buying an additional 117,717 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in Warrior Met Coal by 272.1% during 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 acquiring an additional 1,458,279 shares during the period. American Century Companies Inc. increased its stake in shares of Warrior Met Coal by 7.1% in the fourth quarter. American Century Companies Inc. now owns 1,748,274 shares of the company's stock worth $94,826,000 after purchasing an additional 115,675 shares during the period. Dalal Street LLC increased its position in Warrior Met Coal by 144.1% in the 4th quarter. Dalal Street LLC now owns 1,704,670 shares of the company's stock worth $92,461,000 after buying an additional 1,006,263 shares during the period. Finally, Allianz Asset Management GmbH increased its position in Warrior Met Coal by 10.1% in the 4th quarter. Allianz Asset Management GmbH now owns 1,378,645 shares of the company's stock worth $74,778,000 after buying an additional 126,911 shares during the period. Institutional investors own 92.28% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on HCC. B. Riley reduced their price objective on shares of Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating for the company in a report on Friday, April 11th. Benchmark reiterated a "hold" rating on shares of Warrior Met Coal in a research report on Friday, February 14th. Finally, UBS Group decreased their price target on Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating on the stock in a report on Wednesday, May 7th.

Warrior Met Coal Trading Up 3.7%

NYSE:HCC traded up $1.74 during trading hours on Friday, hitting $48.61. 971,675 shares of the company were exchanged, compared to its average volume of 799,678. 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 has a fifty day simple moving average of $47.18 and a 200 day simple moving average of $54.30. Warrior Met Coal, Inc. has a one year low of $38.00 and a one year high of $75.53. The stock has a market capitalization of $2.55 billion, a price-to-earnings ratio of 10.15 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 firm had revenue of $299.94 million during the quarter, compared to the consensus estimate 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 quarterly revenue was down 40.4% on a year-over-year basis. During the same period in the previous year, the firm earned $2.63 earnings per share. Sell-side analysts expect that Warrior Met Coal, Inc. will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 12th. Stockholders of record on Monday, May 5th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, May 5th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.66%. Warrior Met Coal's dividend payout ratio (DPR) is currently 15.92%.

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.