Wells Fargo & Company MN Has $1.79 Million Holdings in Warrior Met Coal, Inc. (NYSE:HCC)

Wells Fargo & Company MN raised its holdings in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 25.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,919 shares of the company's stock after buying an additional 6,688 shares during the period. Wells Fargo & Company MN owned about 0.06% of Warrior Met Coal worth $1,786,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Bryce Point Capital LLC purchased a new position in Warrior Met Coal during the fourth quarter valued at approximately $1,351,000. O Shaughnessy Asset Management LLC boosted its stake in Warrior Met Coal by 6.1% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 22,371 shares of the company's stock worth $1,213,000 after buying an additional 1,285 shares during the period. Hartree Partners LP bought a new position in Warrior Met Coal during the fourth quarter valued at $8,760,000. New Age Alpha Advisors LLC purchased a new stake in shares of Warrior Met Coal in the fourth quarter valued at $232,000. Finally, WINTON GROUP Ltd lifted its holdings in shares of Warrior Met Coal by 13.6% in the 4th quarter. WINTON GROUP Ltd now owns 19,198 shares of the company's stock worth $1,041,000 after acquiring an additional 2,292 shares during the last quarter. Hedge funds and other institutional investors own 92.28% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Jefferies Financial Group decreased their price target on shares of Warrior Met Coal from $75.00 to $65.00 and set a "buy" rating for the company in a research note on Monday, January 6th. Benchmark reiterated a "hold" rating on shares of Warrior Met Coal in a report on Friday, February 14th. Finally, B. Riley dropped their price target on shares of Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating for the company in a research note on Friday, April 11th.

Warrior Met Coal Price Performance

Shares of NYSE HCC traded down $2.46 during trading on Thursday, reaching $45.36. The company had a trading volume of 385,537 shares, compared to its average volume of 782,758. 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 stock has a market capitalization of $2.38 billion, a PE ratio of 9.46 and a beta of 0.80. The stock has a 50-day moving average price of $47.65 and a two-hundred day moving average price of $55.47. Warrior Met Coal, Inc. has a twelve month low of $38.00 and a twelve month high of $75.53.

Warrior Met Coal (NYSE:HCC - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of $0.12 by ($0.28). The business had revenue of $299.94 million during the quarter, compared to analysts' expectations of $296.39 million. Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. The firm's quarterly revenue was down 40.4% compared to the same quarter last year. During the same quarter last year, the firm earned $2.63 EPS. As a group, sell-side analysts predict that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current year.

Warrior Met Coal Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 12th. Shareholders of record on Monday, May 5th will be paid 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 is Monday, May 5th. Warrior Met Coal's dividend payout ratio is presently 6.68%.

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.