Empowered Funds LLC Has $2.67 Million Holdings in Hallador Energy (NASDAQ:HNRG)

Empowered Funds LLC raised its holdings in Hallador Energy (NASDAQ:HNRG) by 5.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 233,185 shares of the energy company’s stock after buying an additional 11,288 shares during the quarter. Empowered Funds LLC’s holdings in Hallador Energy were worth $2,670,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Bleakley Financial Group LLC acquired a new position in Hallador Energy in the fourth quarter valued at approximately $171,000. Aspiriant LLC acquired a new position in Hallador Energy in the fourth quarter valued at approximately $179,000. Barclays PLC lifted its stake in Hallador Energy by 272.9% in the third quarter. Barclays PLC now owns 33,131 shares of the energy company’s stock valued at $312,000 after buying an additional 24,247 shares during the period. Geode Capital Management LLC lifted its stake in Hallador Energy by 4.2% in the third quarter. Geode Capital Management LLC now owns 672,801 shares of the energy company’s stock valued at $6,346,000 after buying an additional 27,093 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new position in Hallador Energy in the third quarter valued at approximately $251,000. 61.38% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director David C. Hardie sold 14,893 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $13.02, for a total transaction of $193,906.86. Following the completion of the sale, the director now owns 2,091,926 shares in the company, valued at approximately $27,236,876.52. This represents a 0.71 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders sold 59,825 shares of company stock worth $781,020. 32.30% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on HNRG shares. Alliance Global Partners started coverage on Hallador Energy in a research report on Monday, December 9th. They set a “buy” rating and a $17.00 target price on the stock. B. Riley upped their target price on Hallador Energy from $9.00 to $13.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th.

Hallador Energy Price Performance

Shares of NASDAQ:HNRG opened at $11.40 on Friday. The company has a quick ratio of 0.17, a current ratio of 0.58 and a debt-to-equity ratio of 0.16. Hallador Energy has a twelve month low of $4.33 and a twelve month high of $14.00. The stock’s 50 day moving average is $11.72 and its 200-day moving average is $9.84. The firm has a market capitalization of $485.87 million, a price-to-earnings ratio of -20.73 and a beta of 0.66.

Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings results on Tuesday, November 12th. The energy company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.14. Hallador Energy had a negative return on equity of 6.71% and a negative net margin of 4.85%. The business had revenue of $105.04 million during the quarter, compared to the consensus estimate of $117.10 million. During the same quarter in the prior year, the company posted $0.47 earnings per share. Sell-side analysts forecast that Hallador Energy will post -0.31 EPS for the current fiscal year.

Hallador Energy Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.