Peabody Energy Co. (NYSE:BTU) Shares Bought by American Century Companies Inc.

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

Several other institutional investors also recently bought and sold shares of the company. Assenagon Asset Management S.A. increased its stake in Peabody Energy by 113.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,350,855 shares of the coal producer's stock worth $28,287,000 after buying an additional 718,274 shares during the period. State Street Corp raised its stake in shares of Peabody Energy by 7.6% in the third quarter. State Street Corp now owns 7,631,707 shares of the coal producer's stock valued at $202,546,000 after acquiring an additional 540,219 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Peabody Energy by 105.5% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 646,152 shares of the coal producer's stock valued at $13,530,000 after purchasing an additional 331,759 shares during the period. Yaupon Capital Management LP acquired a new stake in Peabody Energy in the 3rd quarter valued at about $8,484,000. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of Peabody Energy by 547.9% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 273,529 shares of the coal producer's stock valued at $7,259,000 after buying an additional 231,309 shares during the period. 87.44% of the stock is owned by institutional investors and hedge funds.

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Peabody Energy Stock Performance

Shares of BTU stock traded down $0.63 during mid-day trading on Friday, hitting $13.72. The stock had a trading volume of 3,632,266 shares, compared to its average volume of 2,929,537. The firm has a market cap of $1.67 billion, a PE ratio of 5.08 and a beta of 0.94. The company's 50-day simple moving average is $15.64 and its 200-day simple moving average is $20.90. Peabody Energy Co. has a fifty-two week low of $12.15 and a fifty-two week 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 the consensus estimate of $0.53 by ($0.25). Peabody Energy had a net margin of 8.75% and a return on equity of 10.33%. Sell-side analysts anticipate that Peabody Energy Co. will post 2.61 earnings per share for the current year.

Peabody Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Wednesday, February 19th were given a $0.075 dividend. The ex-dividend date was Wednesday, February 19th. This represents a $0.30 annualized dividend and a dividend yield of 2.19%. Peabody Energy's dividend payout ratio is presently 11.11%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on BTU. Jefferies Financial Group decreased their price target on Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a report on Monday, January 6th. Benchmark dropped their price target on shares of Peabody Energy from $30.00 to $26.00 and set a "buy" rating on the stock in a research note on Friday, February 7th. Finally, BMO Capital Markets upgraded shares of 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.

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.