Epacria Capital Partners LLC raised its holdings in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 213.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 19,432 shares of the company's stock after purchasing an additional 13,233 shares during the quarter. Warrior Met Coal accounts for approximately 0.8% of Epacria Capital Partners LLC's investment portfolio, making the stock its 26th biggest holding. Epacria Capital Partners LLC's holdings in Warrior Met Coal were worth $1,242,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in shares of Warrior Met Coal by 38.6% during the 2nd quarter. GAMMA Investing LLC now owns 517 shares of the company's stock valued at $32,000 after purchasing an additional 144 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of Warrior Met Coal by 48.5% during the 3rd quarter. Blue Trust Inc. now owns 551 shares of the company's stock worth $35,000 after acquiring an additional 180 shares in the last quarter. Ausbil Investment Management Ltd purchased a new stake in shares of Warrior Met Coal during the 2nd quarter worth about $82,000. KBC Group NV grew its position in shares of Warrior Met Coal by 29.7% during 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 during the period. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of Warrior Met Coal by 34.9% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,313 shares of the company's stock valued at $145,000 after purchasing an additional 599 shares in the last quarter. 92.28% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
HCC has been the topic of a number of recent analyst reports. B. Riley increased their price target on Warrior Met Coal from $89.00 to $90.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. Benchmark reiterated a "hold" rating on shares of Warrior Met Coal in a research report on Monday, August 5th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $75.75.
Get Our Latest Stock Report on HCC
Warrior Met Coal Trading Up 0.2 %
Shares of NYSE HCC traded up $0.11 during trading on Friday, hitting $70.41. 323,116 shares of the company were exchanged, compared to its average volume of 763,368. The company has a fifty day moving average price of $64.88 and a 200-day moving average price of $64.03. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.67 and a current ratio of 5.81. The firm has a market capitalization of $3.68 billion, a PE ratio of 9.73 and a beta of 1.02. Warrior Met Coal, Inc. has a 12-month low of $50.60 and a 12-month high of $75.53.
Warrior Met Coal (NYSE:HCC - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.40. The business had revenue of $327.72 million during the quarter, compared to analysts' expectations of $322.21 million. Warrior Met Coal had a net margin of 23.77% and a return on equity of 19.00%. The business's revenue for the quarter was down 22.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.85 EPS. As a group, equities research analysts expect that Warrior Met Coal, Inc. will post 5.62 EPS for the current year.
Warrior Met Coal Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Tuesday, November 5th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date of this dividend was Tuesday, November 5th. Warrior Met Coal's dividend payout ratio is presently 4.42%.
Warrior Met Coal Company Profile
(
Free Report)
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.
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