15,519 Shares in Peabody Energy Co. (NYSE:BTU) Acquired by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC acquired a new position in Peabody Energy Co. (NYSE:BTU) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 15,519 shares of the coal producer’s stock, valued at approximately $325,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. FMR LLC lifted its position in Peabody Energy by 9.7% in the third quarter. FMR LLC now owns 6,897 shares of the coal producer’s stock worth $183,000 after purchasing an additional 611 shares during the period. Byrne Asset Management LLC lifted its position in Peabody Energy by 63.3% in the fourth quarter. Byrne Asset Management LLC now owns 1,755 shares of the coal producer’s stock worth $37,000 after purchasing an additional 680 shares during the period. Smartleaf Asset Management LLC lifted its position in Peabody Energy by 167.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,189 shares of the coal producer’s stock worth $25,000 after purchasing an additional 744 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of Peabody Energy by 3.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 24,556 shares of the coal producer’s stock valued at $514,000 after acquiring an additional 885 shares during the last quarter. Finally, Larson Financial Group LLC lifted its position in shares of Peabody Energy by 43.0% during the 3rd quarter. Larson Financial Group LLC now owns 3,350 shares of the coal producer’s stock valued at $89,000 after acquiring an additional 1,008 shares during the last quarter. 87.44% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

BTU has been the subject of a number of recent research reports. Jefferies Financial Group cut their price objective on Peabody Energy from $30.00 to $26.00 and set a “buy” rating for the company in a research report on Monday, January 6th. Benchmark cut their price objective on Peabody Energy from $30.00 to $26.00 and set a “buy” rating for the company in a research report on Friday, February 7th. Finally, BMO Capital Markets upgraded Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 target price for the company in a report on Monday, December 16th.

Peabody Energy Stock Performance

Shares of Peabody Energy stock opened at $13.33 on Tuesday. The stock has a market cap of $1.62 billion, a PE ratio of 4.94 and a beta of 0.94. The business has a fifty day simple moving average of $16.38 and a 200-day simple moving average of $21.34. The company has a quick ratio of 1.68, a current ratio of 2.15 and a debt-to-equity ratio of 0.27. Peabody Energy Co. has a 12 month low of $12.15 and a 12 month high of $29.94.

Peabody Energy (NYSE:BTU) last issued its earnings results on Thursday, February 6th. The coal producer reported $0.28 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.25). Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%. On average, sell-side analysts anticipate that Peabody Energy Co. will post 2.61 EPS for the current fiscal year.

Peabody Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Wednesday, February 19th were given a dividend of $0.075 per share. The ex-dividend date was Wednesday, February 19th. This represents a $0.30 dividend on an annualized basis and a yield of 2.25%. Peabody Energy’s payout ratio is 11.11%.

Peabody Energy Profile

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.