Islay Capital Management LLC purchased a new position in Peabody Energy Co. (NYSE:BTU - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 32,456 shares of the coal producer's stock, valued at approximately $680,000.
A number of other large investors also recently modified their holdings of BTU. FMR LLC grew its stake in Peabody Energy by 9.7% in the 3rd quarter. FMR LLC now owns 6,897 shares of the coal producer's stock worth $183,000 after buying an additional 611 shares in the last quarter. Byrne Asset Management LLC lifted its stake in Peabody Energy by 63.3% during 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 last quarter. Smartleaf Asset Management LLC increased its position in shares of Peabody Energy by 167.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,189 shares of the coal producer's stock valued at $25,000 after purchasing an additional 744 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in Peabody Energy by 3.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 24,556 shares of the coal producer's stock worth $514,000 after buying an additional 885 shares during the last quarter. Finally, SG Americas Securities LLC boosted its stake in Peabody Energy by 7.5% in the fourth quarter. SG Americas Securities LLC now owns 16,514 shares of the coal producer's stock worth $346,000 after buying an additional 1,151 shares in the last quarter. 87.44% of the stock is currently owned by institutional investors.
Peabody Energy Stock Performance
Shares of BTU traded down $1.01 during trading hours on Thursday, hitting $11.25. The stock had a trading volume of 4,634,566 shares, compared to its average volume of 3,137,857. The firm has a market capitalization of $1.37 billion, a PE ratio of 4.14 and a beta of 0.52. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.15 and a quick ratio of 1.68. Peabody Energy Co. has a 12 month low of $9.61 and a 12 month high of $29.94. The stock has a fifty day moving average price of $14.17 and a 200 day moving average price of $20.14.
Peabody Energy (NYSE:BTU - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The coal producer reported $0.28 earnings per share 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%. Analysts anticipate that Peabody Energy Co. will post 2.61 EPS for the current year.
Peabody Energy Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Wednesday, February 19th were paid 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 dividend yield of 2.67%. Peabody Energy's dividend payout ratio (DPR) is presently 11.11%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on BTU shares. BMO Capital Markets upgraded shares of Peabody Energy from a "market perform" rating to an "outperform" rating and set a $26.00 target price on the stock in a research report on Monday, December 16th. Jefferies Financial Group decreased their price target on Peabody Energy from $30.00 to $26.00 and set a "buy" rating on the stock in a research note on Monday, January 6th. Finally, Benchmark dropped their price objective on Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a research note on Friday, February 7th.
Read Our Latest Analysis on BTU
Peabody Energy Company Profile
(
Free Report)
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.
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