Deutsche Bank AG Reduces Holdings in Warrior Met Coal, Inc. (NYSE:HCC)

Deutsche Bank AG trimmed its stake in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 19.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 372,856 shares of the company's stock after selling 90,008 shares during the period. Deutsche Bank AG owned about 0.71% of Warrior Met Coal worth $20,224,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. FNY Investment Advisers LLC purchased a new stake in shares of Warrior Met Coal in the 4th quarter valued at approximately $43,000. Quadrant Capital Group LLC increased its stake in Warrior Met Coal by 31.0% during the 4th quarter. Quadrant Capital Group LLC now owns 1,179 shares of the company's stock worth $64,000 after buying an additional 279 shares during the period. Smartleaf Asset Management LLC increased its stake in Warrior Met Coal by 304.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company's stock worth $75,000 after buying an additional 1,040 shares during the period. Sterling Capital Management LLC increased its stake in Warrior Met Coal by 818.0% during the 4th quarter. Sterling Capital Management LLC now owns 1,634 shares of the company's stock worth $89,000 after buying an additional 1,456 shares during the period. Finally, Wolverine Asset Management LLC increased its stake in Warrior Met Coal by 264.4% during the 4th quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company's stock worth $94,000 after buying an additional 2,800 shares during the period. 92.28% of the stock is owned by hedge funds and other institutional investors.

Warrior Met Coal Stock Up 3.7%

HCC traded up $1.74 during trading hours on Friday, hitting $48.61. 971,675 shares of the company's stock were exchanged, compared to its average volume of 801,303. Warrior Met Coal, Inc. has a 12-month low of $38.00 and a 12-month high of $75.53. The firm has a 50 day moving average of $47.18 and a 200 day moving average of $54.16. 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 firm has a market cap of $2.55 billion, a P/E ratio of 10.15 and a beta of 0.75.

Warrior Met Coal (NYSE:HCC - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $299.94 million during the quarter, compared to analysts' expectations of $296.39 million. During the same period in the prior year, the company posted $2.63 earnings per share. The company's revenue for the quarter was down 40.4% on a year-over-year basis. Analysts predict that Warrior Met Coal, Inc. will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date of this dividend was Monday, May 5th. Warrior Met Coal's dividend payout ratio is presently 15.92%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on HCC shares. Benchmark reaffirmed a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. B. Riley cut their target price on shares of 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. Finally, UBS Group cut 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.