Dynamic Technology Lab Private Ltd Takes $449,000 Position in Warrior Met Coal, Inc. (NYSE:HCC)

Dynamic Technology Lab Private Ltd purchased a new stake in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 8,276 shares of the company's stock, valued at approximately $449,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Graham Capital Wealth Management LLC lifted its stake in shares of Warrior Met Coal by 0.6% in the 4th quarter. Graham Capital Wealth Management LLC now owns 47,818 shares of the company's stock valued at $2,594,000 after purchasing an additional 273 shares during the period. Sanctuary Advisors LLC increased its stake in shares of Warrior Met Coal by 2.6% in the 4th quarter. Sanctuary Advisors LLC now owns 10,800 shares of the company's stock worth $577,000 after acquiring an additional 276 shares in the last quarter. HighTower Advisors LLC lifted its position in Warrior Met Coal by 5.6% during the 4th quarter. HighTower Advisors LLC now owns 5,878 shares of the company's stock valued at $319,000 after acquiring an additional 314 shares during the period. GAMMA Investing LLC grew its holdings in Warrior Met Coal by 56.7% in the fourth quarter. GAMMA Investing LLC now owns 989 shares of the company's stock worth $54,000 after purchasing an additional 358 shares during the period. Finally, KBC Group NV increased its stake in shares of Warrior Met Coal by 25.0% during the fourth quarter. KBC Group NV now owns 2,139 shares of the company's stock valued at $116,000 after purchasing an additional 428 shares in the last quarter. 92.28% of the stock is currently owned by hedge funds and other institutional investors.

Warrior Met Coal Stock Performance

Shares of HCC traded down $0.57 during mid-day trading on Monday, hitting $46.80. 268,759 shares of the company traded hands, compared to its average volume of 780,182. 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, Inc. has a 1 year low of $38.00 and a 1 year high of $75.53. The stock has a market cap of $2.46 billion, a price-to-earnings ratio of 9.77 and a beta of 0.80. The stock has a 50-day moving average price of $48.38 and a two-hundred day moving average price of $56.69.

Warrior Met Coal (NYSE:HCC - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.49 by ($0.34). The firm had revenue of $297.47 million during the quarter, compared to the consensus estimate of $331.70 million. Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. Equities analysts anticipate 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 disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 24th were given a dividend of $0.08 per share. The ex-dividend date was Monday, February 24th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.68%. Warrior Met Coal's payout ratio is currently 6.68%.

Analyst Upgrades and Downgrades

HCC has been the topic of several recent research reports. Jefferies Financial Group reduced their price objective on Warrior Met Coal from $75.00 to $65.00 and set a "buy" rating for the company in a research report on Monday, January 6th. Benchmark reiterated a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Finally, B. Riley reduced their price objective on shares of Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating for the company in a research note on Friday.

About Warrior Met Coal

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.