Charles Schwab Investment Management Inc. Has $48.94 Million Stock Holdings in Warrior Met Coal, Inc. (NYSE:HCC)

Charles Schwab Investment Management Inc. cut its position in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 2.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 902,276 shares of the company's stock after selling 20,904 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.72% of Warrior Met Coal worth $48,939,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Principal Financial Group Inc. boosted its holdings in Warrior Met Coal by 3.8% during the third quarter. Principal Financial Group Inc. now owns 298,308 shares of the company's stock valued at $19,062,000 after acquiring an additional 10,787 shares during the period. Crossmark Global Holdings Inc. acquired a new stake in Warrior Met Coal in the 3rd quarter valued at approximately $204,000. State of New Jersey Common Pension Fund D grew its holdings in Warrior Met Coal by 19.9% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 34,235 shares of the company's stock valued at $2,188,000 after buying an additional 5,692 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Warrior Met Coal by 26.6% during the third quarter. Victory Capital Management Inc. now owns 52,280 shares of the company's stock worth $3,341,000 after buying an additional 10,972 shares during the last quarter. Finally, KBC Group NV boosted its position in shares of Warrior Met Coal by 29.7% in the third quarter. KBC Group NV now owns 1,711 shares of the company's stock valued at $109,000 after acquiring an additional 392 shares during the period. 92.28% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

HCC has been the topic of several research analyst reports. Benchmark restated a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Jefferies Financial Group dropped their price objective on shares of Warrior Met Coal from $75.00 to $65.00 and set a "buy" rating on the stock in a report on Monday, January 6th. Finally, B. Riley cut their price objective on shares of Warrior Met Coal from $90.00 to $86.00 and set a "buy" rating for the company in a research report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Warrior Met Coal presently has an average rating of "Moderate Buy" and a consensus price target of $74.00.

Warrior Met Coal Price Performance

Shares of HCC stock traded down $0.81 during mid-day trading on Monday, reaching $48.42. The company's stock had a trading volume of 1,120,416 shares, compared to its average volume of 722,880. The firm's 50-day moving average is $51.61 and its two-hundred day moving average is $58.18. The company has a market cap of $2.54 billion, a P/E ratio of 10.11 and a beta of 1.10. Warrior Met Coal, Inc. has a 1-year low of $44.62 and a 1-year high of $75.53. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20.

Warrior Met Coal (NYSE:HCC - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.34). The business had revenue of $297.47 million during the quarter, compared to analyst estimates of $331.70 million. Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. On average, research analysts predict that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current year.

Warrior Met Coal Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.32 annualized dividend and a dividend yield of 0.66%. Warrior Met Coal's dividend payout ratio (DPR) is presently 6.68%.

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.