Empowered Funds LLC Acquires 15,560 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

Empowered Funds LLC lifted its holdings in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 7.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 231,227 shares of the company's stock after buying an additional 15,560 shares during the period. Empowered Funds LLC owned about 0.44% of Warrior Met Coal worth $12,542,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. State Street Corp boosted its stake in shares of Warrior Met Coal by 4.9% during the 3rd quarter. State Street Corp now owns 3,404,237 shares of the company's stock worth $217,531,000 after buying an additional 158,722 shares during the last quarter. FMR LLC boosted its stake in shares of Warrior Met Coal by 8.6% during the 3rd quarter. FMR LLC now owns 3,210,531 shares of the company's stock worth $205,153,000 after buying an additional 254,540 shares during the last quarter. Maple Rock Capital Partners Inc. boosted its stake in shares of Warrior Met Coal by 193.9% during the 3rd quarter. Maple Rock Capital Partners Inc. now owns 1,460,992 shares of the company's stock worth $93,357,000 after buying an additional 963,892 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Warrior Met Coal by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 1,208,405 shares of the company's stock valued at $77,232,000 after purchasing an additional 13,650 shares during the period. Finally, River Road Asset Management LLC raised its holdings in shares of Warrior Met Coal by 22.9% in the 3rd quarter. River Road Asset Management LLC now owns 870,357 shares of the company's stock valued at $55,616,000 after purchasing an additional 162,387 shares during the period. 92.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HCC has been the topic of a number of research analyst reports. Jefferies Financial Group dropped their target price 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. B. Riley increased their target price on shares of Warrior Met Coal from $89.00 to $90.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $75.00.

Warrior Met Coal Stock Performance

Shares of NYSE:HCC traded down $0.95 on Wednesday, reaching $52.66. 873,243 shares of the company's stock were exchanged, compared to its average volume of 674,252. The company has a fifty day moving average of $55.57 and a 200-day moving average of $60.03. Warrior Met Coal, Inc. has a twelve month low of $49.97 and a twelve month high of $75.53. The company has a market capitalization of $2.75 billion, a price-to-earnings ratio of 7.27 and a beta of 1.07. The company has a current ratio of 5.81, a quick ratio of 4.67 and a debt-to-equity ratio of 0.09.

Warrior Met Coal Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 24th will be given a dividend of $0.08 per share. The ex-dividend date is Monday, February 24th. This represents a $0.32 annualized dividend and a dividend yield of 0.61%. Warrior Met Coal's dividend 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.