Hsbc Holdings PLC Has $373,000 Stock Position in Warrior Met Coal, Inc. (NYSE:HCC)

Hsbc Holdings PLC cut its position in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 88.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,806 shares of the company's stock after selling 54,162 shares during the quarter. Hsbc Holdings PLC's holdings in Warrior Met Coal were worth $373,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in HCC. Barclays PLC grew its position in Warrior Met Coal by 413.2% during the 3rd quarter. Barclays PLC now owns 101,302 shares of the company's stock worth $6,474,000 after acquiring an additional 81,561 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Warrior Met Coal by 3.6% during the 3rd quarter. Franklin Resources Inc. now owns 61,209 shares of the company's stock worth $3,966,000 after buying an additional 2,114 shares during the period. Principal Financial Group Inc. boosted its position in shares of Warrior Met Coal by 3.8% during the third quarter. Principal Financial Group Inc. now owns 298,308 shares of the company's stock worth $19,062,000 after purchasing an additional 10,787 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Warrior Met Coal by 56.7% in the fourth quarter. GAMMA Investing LLC now owns 989 shares of the company's stock worth $54,000 after acquiring an additional 358 shares in the last quarter. Finally, FNY Investment Advisers LLC bought a new stake in Warrior Met Coal during the 4th quarter worth approximately $43,000. Institutional investors own 92.28% of the company's stock.

Warrior Met Coal Stock Down 0.2 %

Shares of Warrior Met Coal stock traded down $0.09 on Friday, reaching $45.20. 652,199 shares of the company were exchanged, compared to its average volume of 791,222. The company has a market capitalization of $2.38 billion, a price-to-earnings ratio of 9.44 and a beta of 0.75. The company has a current ratio of 5.20, a quick ratio of 3.99 and a debt-to-equity ratio of 0.09. Warrior Met Coal, Inc. has a one year low of $38.00 and a one year high of $75.53. The company has a 50-day moving average of $47.22 and a 200 day moving average of $54.60.

Warrior Met Coal (NYSE:HCC - Get Free Report) last announced its quarterly 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 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.63 EPS. On average, equities research analysts forecast that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current year.

Warrior Met Coal Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 12th. Shareholders of record on Monday, May 5th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend is Monday, May 5th. Warrior Met Coal's dividend payout ratio (DPR) is presently 15.92%.

Analyst Upgrades and Downgrades

HCC has been the topic of a number of recent research reports. Benchmark reissued a "hold" rating on shares of Warrior Met Coal in a research report on Friday, February 14th. UBS Group reduced their target price on shares of Warrior Met Coal from $68.00 to $50.00 and set a "neutral" rating for the company in a report on Wednesday. Finally, B. Riley lowered their price target 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.

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.