Aegis Financial Corp Has $4.96 Million Stock Holdings in Peabody Energy Co. (NYSE:BTU)

Aegis Financial Corp decreased its position in shares of Peabody Energy Co. (NYSE:BTU - Free Report) by 51.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 237,056 shares of the coal producer's stock after selling 248,336 shares during the period. Peabody Energy comprises 4.3% of Aegis Financial Corp's investment portfolio, making the stock its 9th biggest position. Aegis Financial Corp owned approximately 0.20% of Peabody Energy worth $4,964,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mitsubishi UFJ Trust & Banking Corp increased its position in Peabody Energy by 9.8% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 230,279 shares of the coal producer's stock worth $4,822,000 after buying an additional 20,646 shares during the period. Prudential Financial Inc. increased its stake in Peabody Energy by 3.2% in the 4th quarter. Prudential Financial Inc. now owns 280,787 shares of the coal producer's stock valued at $5,880,000 after purchasing an additional 8,607 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Peabody Energy by 6.0% during the 4th quarter. American Century Companies Inc. now owns 3,785,337 shares of the coal producer's stock worth $79,265,000 after buying an additional 215,614 shares during the last quarter. Teacher Retirement System of Texas purchased a new stake in shares of Peabody Energy in the fourth quarter valued at about $1,379,000. Finally, Counterpoint Mutual Funds LLC acquired a new stake in Peabody Energy during the 4th quarter valued at $325,000. Hedge funds and other institutional investors own 87.44% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. BMO Capital Markets raised Peabody Energy from a "market perform" rating to an "outperform" rating and set a $26.00 price objective for the company in a research report on Monday, December 16th. Benchmark reduced their target price on shares of Peabody Energy from $30.00 to $26.00 and set a "buy" rating on the stock in a report on Friday, February 7th. Finally, Jefferies Financial Group lowered their price target on shares of Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a report on Monday, January 6th.

Peabody Energy Price Performance

Shares of NYSE:BTU opened at $13.55 on Tuesday. The company's fifty day moving average is $15.41 and its two-hundred day moving average is $20.80. The company has a market cap of $1.65 billion, a P/E ratio of 5.02 and a beta of 0.94. Peabody Energy Co. has a 12-month low of $12.15 and a 12-month high of $29.94. 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 (NYSE:BTU - Get Free Report) last issued its quarterly 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%. Equities analysts expect that Peabody Energy Co. will post 2.61 earnings per share for the current fiscal year.

Peabody Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Wednesday, February 19th were issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 2.21%. The ex-dividend date of this dividend was Wednesday, February 19th. Peabody Energy's payout ratio is 11.11%.

About Peabody Energy

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.