New Age Alpha Advisors LLC bought a new position in Warrior Met Coal, Inc. (NYSE:HCC – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 4,281 shares of the company’s stock, valued at approximately $232,000.
A number of other hedge funds have also added to or reduced their stakes in the stock. FNY Investment Advisers LLC purchased a new stake in shares of Warrior Met Coal in the 4th quarter valued at about $43,000. GAMMA Investing LLC raised 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 stake 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 valued at $75,000 after purchasing an additional 1,040 shares in the last quarter. Wolverine Asset Management LLC lifted its position in Warrior Met Coal by 264.4% during the fourth quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company’s stock valued at $94,000 after purchasing an additional 2,800 shares during the last quarter. Finally, KBC Group NV grew its stake in Warrior Met Coal by 25.0% in the 4th quarter. KBC Group NV now owns 2,139 shares of the company’s stock worth $116,000 after buying an additional 428 shares in the last quarter. Hedge funds and other institutional investors own 92.28% of the company’s stock.
Warrior Met Coal Price Performance
HCC stock opened at $46.80 on Thursday. The firm has a market cap of $2.46 billion, a P/E ratio of 9.77 and a beta of 0.80. The firm’s fifty day moving average is $50.13 and its 200 day moving average is $57.50. Warrior Met Coal, Inc. has a 52 week low of $44.62 and a 52 week high of $75.53. 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 Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 24th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.68%. The ex-dividend date of this dividend was Monday, February 24th. Warrior Met Coal’s dividend payout ratio (DPR) is 6.68%.
Wall Street Analyst Weigh In
HCC has been the subject of a number of research analyst reports. Benchmark reaffirmed a “hold” rating on shares of Warrior Met Coal in a report on Friday, February 14th. B. Riley lowered their price target on Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating on the stock in a research report on Tuesday, February 18th. Finally, Jefferies Financial Group cut their price objective 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. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Warrior Met Coal has an average rating of “Moderate Buy” and a consensus target price of $74.00.
Check Out Our Latest Report on HCC
Warrior Met Coal Company 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.
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