Warrior Met Coal, Inc. (NYSE:HCC) Shares Bought by Bridgewater Associates LP

Bridgewater Associates LP boosted its holdings in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 648.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 129,741 shares of the company's stock after purchasing an additional 112,412 shares during the quarter. Bridgewater Associates LP owned approximately 0.25% of Warrior Met Coal worth $8,290,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of HCC. GAMMA Investing LLC raised its stake in shares of Warrior Met Coal by 38.6% during the 2nd quarter. GAMMA Investing LLC now owns 517 shares of the company's stock worth $32,000 after buying an additional 144 shares during the period. Blue Trust Inc. raised its stake in shares of Warrior Met Coal by 48.5% during the 3rd quarter. Blue Trust Inc. now owns 551 shares of the company's stock worth $35,000 after buying an additional 180 shares during the period. Ausbil Investment Management Ltd acquired a new position in Warrior Met Coal in the 2nd quarter valued at $82,000. KBC Group NV raised its stake in Warrior Met Coal by 29.7% in the 3rd quarter. KBC Group NV now owns 1,711 shares of the company's stock valued at $109,000 after purchasing an additional 392 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in Warrior Met Coal by 34.9% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,313 shares of the company's stock valued at $145,000 after purchasing an additional 599 shares during the last quarter. 92.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HCC has been the subject of several recent research reports. Benchmark reissued a "hold" rating on shares of Warrior Met Coal in a research note on Monday, August 5th. B. Riley raised their target price on Warrior Met Coal from $89.00 to $90.00 and gave the stock a "buy" rating in a research note on Thursday, October 31st. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $75.75.

Warrior Met Coal Stock Up 0.2 %

Warrior Met Coal stock traded up $0.11 during mid-day trading on Friday, hitting $70.41. The company had a trading volume of 323,116 shares, compared to its average volume of 763,368. The company has a quick ratio of 4.67, a current ratio of 5.81 and a debt-to-equity ratio of 0.09. Warrior Met Coal, Inc. has a 1 year low of $50.60 and a 1 year high of $75.53. The business has a fifty day moving average of $64.88 and a 200 day moving average of $64.03. The stock has a market cap of $3.68 billion, a price-to-earnings ratio of 9.73 and a beta of 1.02.

Warrior Met Coal (NYSE:HCC - Get Free Report) last posted its earnings results on Wednesday, October 30th. The company reported $0.80 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.40. The firm had revenue of $327.72 million for the quarter, compared to the consensus estimate of $322.21 million. Warrior Met Coal had a net margin of 23.77% and a return on equity of 19.00%. The company's revenue was down 22.6% on a year-over-year basis. During the same period last year, the firm posted $1.85 EPS. On average, sell-side analysts expect that Warrior Met Coal, Inc. will post 5.62 earnings per share for the current fiscal year.

Warrior Met Coal Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Tuesday, November 5th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.45%. The ex-dividend date of this dividend was Tuesday, November 5th. Warrior Met Coal's payout ratio is 4.42%.

Warrior Met Coal Profile

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.