XTX Topco Ltd Invests $357,000 in Warrior Met Coal, Inc. (NYSE:HCC)

XTX Topco Ltd bought a new stake in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,580 shares of the company's stock, valued at approximately $357,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Summit Investment Advisors Inc. grew its holdings in Warrior Met Coal by 5.0% during the fourth quarter. Summit Investment Advisors Inc. now owns 5,424 shares of the company's stock valued at $294,000 after purchasing an additional 260 shares during the period. Sterling Capital Management LLC raised its holdings 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 valued at $89,000 after acquiring an additional 1,456 shares in the last quarter. Covestor Ltd raised its position in shares of Warrior Met Coal by 46.6% during the 4th quarter. Covestor Ltd now owns 2,287 shares of the company's stock valued at $124,000 after buying an additional 727 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Warrior Met Coal during the 4th quarter valued at about $4,554,000. Finally, Invesco Ltd. lifted its holdings in shares of Warrior Met Coal by 14.6% in the 4th quarter. Invesco Ltd. now owns 414,648 shares of the company's stock worth $22,491,000 after acquiring an additional 52,937 shares during the last quarter. 92.28% of the stock is currently owned by hedge funds and other institutional investors.

Warrior Met Coal Stock Performance

Shares of HCC traded down $0.39 during mid-day trading on Tuesday, hitting $48.49. 107,984 shares of the company traded hands, compared to its average volume of 779,259. The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 10.09 and a beta of 0.80. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20. Warrior Met Coal, Inc. has a 1 year low of $38.00 and a 1 year high of $75.53. The stock has a 50-day moving average price of $47.62 and a two-hundred day moving average price of $55.58.

Warrior Met Coal (NYSE:HCC - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by ($0.34). The business had revenue of $297.47 million for the quarter, compared to the consensus estimate of $331.70 million. Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. Equities analysts anticipate 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 announced a quarterly dividend, which will be paid on Monday, May 12th. Investors 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 dividend yield of 0.66%. The ex-dividend date of this dividend is Monday, May 5th. Warrior Met Coal's dividend payout ratio (DPR) is 6.68%.

Wall Street Analyst Weigh In

A number of research firms recently commented on HCC. Benchmark reiterated a "hold" rating on shares of Warrior Met Coal in a report on Friday, February 14th. B. Riley lowered 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 report on Friday, April 11th. Finally, Jefferies Financial Group cut their target price on 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.

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.