American Century Companies Inc. Has $94.83 Million Stake in Warrior Met Coal, Inc. (NYSE:HCC)

American Century Companies Inc. grew its stake in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 7.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,748,274 shares of the company’s stock after acquiring an additional 115,675 shares during the quarter. American Century Companies Inc.’s holdings in Warrior Met Coal were worth $94,826,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. FNY Investment Advisers LLC acquired a new stake in shares of Warrior Met Coal in the 4th quarter valued at approximately $43,000. GAMMA Investing LLC increased its stake in Warrior Met Coal by 56.7% in the fourth quarter. GAMMA Investing LLC now owns 989 shares of the company’s stock valued at $54,000 after purchasing an additional 358 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in Warrior Met Coal by 304.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company’s stock worth $75,000 after purchasing an additional 1,040 shares during the period. Wolverine Asset Management LLC boosted its position in shares of Warrior Met Coal by 264.4% during the fourth quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company’s stock worth $94,000 after purchasing an additional 2,800 shares in the last quarter. Finally, KBC Group NV boosted its position in shares of Warrior Met Coal by 25.0% during the fourth quarter. KBC Group NV now owns 2,139 shares of the company’s stock worth $116,000 after purchasing an additional 428 shares in the last quarter. 92.28% of the stock is currently owned by institutional investors and hedge funds.

Warrior Met Coal Price Performance

Shares of NYSE HCC opened at $48.34 on Tuesday. Warrior Met Coal, Inc. has a 1-year low of $44.62 and a 1-year high of $75.53. 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 company has a fifty day moving average price of $51.08 and a 200 day moving average price of $57.74. The firm has a market cap of $2.54 billion, a PE ratio of 10.09 and a beta of 1.10.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.34). Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. The business had revenue of $297.47 million during the quarter, compared to the consensus estimate of $331.70 million. Research analysts predict that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current fiscal year.

Warrior Met Coal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 24th were given a $0.08 dividend. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.66%. Warrior Met Coal’s payout ratio is 6.68%.

Analyst Upgrades and Downgrades

Several analysts recently commented on HCC shares. B. Riley dropped their price objective on Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating on the stock in a research note on Tuesday, February 18th. Jefferies Financial Group lowered their price target on Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company in a report on Monday, January 6th. Finally, Benchmark reiterated a “hold” rating on shares of Warrior Met Coal in a research report on Friday, February 14th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $74.00.

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.