American Century Companies Inc. Raises Holdings in Peabody Energy Co. (NYSE:BTU)

American Century Companies Inc. grew its holdings in Peabody Energy Co. (NYSE:BTU - Free Report) by 6.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,785,337 shares of the coal producer's stock after purchasing an additional 215,614 shares during the quarter. American Century Companies Inc. owned about 3.12% of Peabody Energy worth $79,265,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of BTU. Smartleaf Asset Management LLC increased its holdings in shares of Peabody Energy by 167.2% in the fourth 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. Byrne Asset Management LLC increased its stake in shares of Peabody Energy by 63.3% in the 4th quarter. Byrne Asset Management LLC now owns 1,755 shares of the coal producer's stock worth $37,000 after acquiring an additional 680 shares during the last quarter. Steward Partners Investment Advisory LLC increased its stake in shares of Peabody Energy by 144.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,951 shares of the coal producer's stock worth $83,000 after acquiring an additional 2,333 shares during the last quarter. Larson Financial Group LLC raised its holdings 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 worth $89,000 after acquiring an additional 1,008 shares during the period. Finally, US Bancorp DE boosted its position in shares of Peabody Energy by 120.2% during the 4th quarter. US Bancorp DE now owns 4,289 shares of the coal producer's stock valued at $90,000 after acquiring an additional 2,341 shares during the last quarter. 87.44% of the stock is owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

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

Peabody Energy Stock Up 1.9 %

Shares of Peabody Energy stock traded up $0.27 on Thursday, reaching $14.32. 2,951,095 shares of the company were exchanged, compared to its average volume of 2,848,768. The stock's 50 day moving average price is $15.64 and its 200-day moving average price is $20.90. The company has a market cap of $1.74 billion, a P/E ratio of 5.30 and a beta of 0.94. Peabody Energy Co. has a 1-year low of $12.15 and a 1-year high of $29.94. 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 (NYSE:BTU - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The coal producer reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.53 by ($0.25). Peabody Energy had a net margin of 8.75% and a return on equity of 10.33%. As a group, equities analysts forecast that Peabody Energy Co. will post 2.61 EPS for the current year.

Peabody Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 11th. Shareholders of record on Wednesday, February 19th were paid a $0.075 dividend. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.30 annualized dividend and a yield of 2.10%. Peabody Energy's dividend payout ratio is currently 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.