Enhancing Capital LLC Makes New Investment in Warrior Met Coal, Inc. (NYSE:HCC)

Enhancing Capital LLC bought a new position in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 58,762 shares of the company's stock, valued at approximately $3,187,000. Warrior Met Coal makes up approximately 2.5% of Enhancing Capital LLC's investment portfolio, making the stock its 8th biggest position. Enhancing Capital LLC owned approximately 0.11% of Warrior Met Coal at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HCC. Crossmark Global Holdings Inc. acquired a new stake in Warrior Met Coal in the 3rd quarter valued at about $204,000. Victory Capital Management Inc. increased its position in Warrior Met Coal by 26.6% in the 3rd quarter. Victory Capital Management Inc. now owns 52,280 shares of the company's stock valued at $3,341,000 after acquiring an additional 10,972 shares in the last quarter. KBC Group NV increased its position 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 acquiring an additional 392 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new stake in Warrior Met Coal in the 3rd quarter valued at about $4,503,000. Finally, Intech Investment Management LLC increased its position in Warrior Met Coal by 126.1% in the 3rd quarter. Intech Investment Management LLC now owns 19,652 shares of the company's stock valued at $1,256,000 after acquiring an additional 10,959 shares in the last quarter. Institutional investors and hedge funds own 92.28% of the company's stock.

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Warrior Met Coal Stock Performance

HCC stock traded down $0.46 during midday trading on Friday, reaching $46.64. 3,096,448 shares of the company were exchanged, compared to its average volume of 731,387. The business has a 50-day moving average price of $51.18 and a two-hundred day moving average price of $57.76. The firm has a market capitalization of $2.45 billion, a price-to-earnings ratio of 9.74 and a beta of 1.10. Warrior Met Coal, Inc. has a one year low of $44.62 and a one year high of $75.53. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.20 and a quick ratio of 3.99.

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

Warrior Met Coal Announces Dividend

The company also recently disclosed 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 yield of 0.69%. Warrior Met Coal's dividend payout ratio is 6.68%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on HCC shares. Benchmark reaffirmed a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Jefferies Financial Group reduced 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 research note on Monday, January 6th. Finally, B. Riley reduced their target price on shares of Warrior Met Coal from $90.00 to $86.00 and set a "buy" rating on the stock in a research note on Tuesday, February 18th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Warrior Met Coal presently has an average rating of "Moderate Buy" and a consensus target price of $74.00.

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.