Hallador Energy (NASDAQ:HNRG) Shares Acquired by Barclays PLC

Barclays PLC boosted its stake in Hallador Energy (NASDAQ:HNRG - Free Report) by 272.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,131 shares of the energy company's stock after buying an additional 24,247 shares during the quarter. Barclays PLC owned approximately 0.08% of Hallador Energy worth $312,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Exchange Traded Concepts LLC lifted its stake in Hallador Energy by 66.4% in the 3rd quarter. Exchange Traded Concepts LLC now owns 10,357 shares of the energy company's stock worth $98,000 after purchasing an additional 4,132 shares in the last quarter. CWM LLC lifted its stake in Hallador Energy by 154.4% in the 3rd quarter. CWM LLC now owns 8,227 shares of the energy company's stock worth $78,000 after purchasing an additional 4,993 shares in the last quarter. Rhumbline Advisers lifted its stake in Hallador Energy by 16.1% in the 2nd quarter. Rhumbline Advisers now owns 37,757 shares of the energy company's stock worth $293,000 after purchasing an additional 5,241 shares in the last quarter. State Street Corp lifted its stake in Hallador Energy by 1.5% in the 3rd quarter. State Street Corp now owns 525,123 shares of the energy company's stock worth $4,952,000 after purchasing an additional 7,764 shares in the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new position in Hallador Energy in the 2nd quarter worth approximately $78,000. 61.38% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Hallador Energy

In related news, Director David C. Hardie sold 18,775 shares of Hallador Energy stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $13.02, for a total value of $244,450.50. Following the completion of the sale, the director now owns 2,022,713 shares in the company, valued at approximately $26,335,723.26. This trade represents a 0.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders sold 104,524 shares of company stock worth $1,356,743. Insiders own 32.30% of the company's stock.

Hallador Energy Trading Down 0.2 %

Shares of NASDAQ HNRG traded down $0.02 during midday trading on Monday, reaching $12.68. 239,454 shares of the stock were exchanged, compared to its average volume of 323,579. The company has a 50 day simple moving average of $12.11 and a 200 day simple moving average of $9.44. The stock has a market capitalization of $540.38 million, a P/E ratio of -23.05 and a beta of 0.71. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.17 and a current ratio of 0.58. Hallador Energy has a twelve month low of $4.33 and a twelve month high of $14.00.

Hallador Energy (NASDAQ:HNRG - Get Free Report) last posted its earnings results on Tuesday, November 12th. The energy company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.14. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. The firm had revenue of $105.04 million during the quarter, compared to the consensus estimate of $117.10 million. During the same quarter last year, the firm earned $0.47 EPS. As a group, equities analysts expect that Hallador Energy will post -0.31 earnings per share for the current year.

Wall Street Analyst Weigh In

HNRG has been the topic of a number of research reports. B. Riley raised their target price on shares of Hallador Energy from $9.00 to $13.00 and gave the stock a "buy" rating in a research note on Wednesday, November 13th. Alliance Global Partners initiated coverage on shares of Hallador Energy in a research note on Monday, December 9th. They issued a "buy" rating and a $17.00 target price on the stock.

Hallador Energy Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.