90,205 Shares in Peabody Energy Co. (NYSE:BTU) Acquired by Elevate Capital Advisors LLC

Elevate Capital Advisors LLC purchased a new stake in shares of Peabody Energy Co. (NYSE:BTU - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 90,205 shares of the coal producer's stock, valued at approximately $1,889,000. Peabody Energy accounts for approximately 1.7% of Elevate Capital Advisors LLC's investment portfolio, making the stock its 20th largest position. Elevate Capital Advisors LLC owned 0.07% of Peabody Energy as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Pacer Advisors Inc. boosted its position in shares of Peabody Energy by 265,937.3% during the 3rd quarter. Pacer Advisors Inc. now owns 8,023,686 shares of the coal producer's stock valued at $212,949,000 after acquiring an additional 8,020,670 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in Peabody Energy by 113.5% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,350,855 shares of the coal producer's stock valued at $28,287,000 after purchasing an additional 718,274 shares during the last quarter. State Street Corp grew its stake in shares of Peabody Energy by 7.6% in the 3rd quarter. State Street Corp now owns 7,631,707 shares of the coal producer's stock worth $202,546,000 after buying an additional 540,219 shares in the last quarter. Yaupon Capital Management LP bought a new stake in shares of Peabody Energy in the 3rd quarter worth about $8,484,000. Finally, Rockefeller Capital Management L.P. increased its holdings 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 worth $7,259,000 after buying an additional 231,309 shares during the last quarter. Institutional investors own 87.44% of the company's stock.

Peabody Energy Trading Up 1.8 %

Shares of NYSE:BTU traded up $0.30 during trading hours on Thursday, hitting $17.09. 2,097,624 shares of the company's stock traded hands, compared to its average volume of 3,401,665. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.15 and a quick ratio of 1.75. The business has a fifty day moving average price of $19.62 and a 200-day moving average price of $22.69. Peabody Energy Co. has a 1 year low of $15.79 and a 1 year high of $29.94. The firm has a market capitalization of $2.08 billion, a P/E ratio of 6.33 and a beta of 0.95.

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%. Equities analysts expect that Peabody Energy Co. will post 2.34 earnings per share for the current year.

Peabody Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 11th. Investors of record on Wednesday, February 19th will be paid a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Wednesday, February 19th. Peabody Energy's dividend payout ratio is presently 11.11%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on BTU. BMO Capital Markets raised Peabody Energy from a "market perform" rating to an "outperform" rating and set a $26.00 price objective for the company in a research note on Monday, December 16th. Benchmark lowered their price target on Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a research report on Friday, February 7th. Finally, Jefferies Financial Group cut their price objective on shares of Peabody Energy from $30.00 to $26.00 and set a "buy" rating on the stock in a research report on Monday, January 6th.

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.