White Oak Capital Partners Pte. Ltd. bought a new stake in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,152 shares of the company's stock, valued at approximately $445,000. Warrior Met Coal accounts for 0.2% of White Oak Capital Partners Pte. Ltd.'s portfolio, making the stock its 9th largest holding.
Other institutional investors have also recently made changes to their positions in the company. FNY Investment Advisers LLC bought a new stake in shares of Warrior Met Coal during the 4th quarter valued at about $43,000. GAMMA Investing LLC increased its holdings in Warrior Met Coal by 56.7% during the fourth quarter. GAMMA Investing LLC now owns 989 shares of the company's stock valued at $54,000 after buying an additional 358 shares during the last quarter. Quadrant Capital Group LLC raised its position in Warrior Met Coal by 31.0% in the fourth quarter. Quadrant Capital Group LLC now owns 1,179 shares of the company's stock worth $64,000 after acquiring an additional 279 shares during the period. Smartleaf Asset Management LLC grew its position in shares of Warrior Met Coal by 304.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company's stock valued at $75,000 after acquiring an additional 1,040 shares during the period. Finally, Sterling Capital Management LLC increased its stake in shares of Warrior Met Coal by 818.0% in the 4th quarter. Sterling Capital Management LLC now owns 1,634 shares of the company's stock worth $89,000 after purchasing an additional 1,456 shares in the last quarter. Hedge funds and other institutional investors own 92.28% of the company's stock.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the company. B. Riley lowered their target price on Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Benchmark reiterated a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Finally, Jefferies Financial Group decreased their target price on shares of Warrior Met Coal from $75.00 to $65.00 and set a "buy" rating on the stock in a research note on Monday, January 6th.
Read Our Latest Stock Report on HCC
Warrior Met Coal Price Performance
Shares of NYSE:HCC traded down $0.69 during trading on Monday, hitting $48.41. 320,995 shares of the company's stock were exchanged, compared to its average volume of 780,146. The business's 50-day simple moving average is $47.63 and its 200 day simple moving average is $55.68. The company has a market cap of $2.54 billion, a price-to-earnings ratio of 10.12 and a beta of 0.80. Warrior Met Coal, Inc. has a 52-week low of $38.00 and a 52-week high of $75.53. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.20 and a quick ratio of 3.99.
Warrior Met Coal (NYSE:HCC - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.34). The business had revenue of $297.47 million during the quarter, compared to the consensus estimate of $331.70 million. Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. As a group, equities analysts predict that Warrior Met Coal, Inc. will post 4.86 EPS for the current year.
Warrior Met Coal Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, May 12th. Shareholders of record on Monday, May 5th will be issued a $0.08 dividend. The ex-dividend date is Monday, May 5th. This represents a $0.32 dividend on an annualized basis and a yield of 0.66%. Warrior Met Coal's dividend payout ratio is currently 6.68%.
About Warrior Met Coal
(
Free Report)
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.
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