Warrior Met Coal, Inc. (NYSE:HCC) Shares Bought by Fmr LLC

FMR LLC grew its holdings in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 8.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,210,531 shares of the company's stock after acquiring an additional 254,540 shares during the period. FMR LLC owned about 6.14% of Warrior Met Coal worth $205,153,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of HCC. Boston Partners grew its stake in shares of Warrior Met Coal by 95.7% in the first quarter. Boston Partners now owns 12,553 shares of the company's stock worth $762,000 after acquiring an additional 6,138 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Warrior Met Coal by 38.6% during the second quarter. GAMMA Investing LLC now owns 517 shares of the company's stock worth $32,000 after purchasing an additional 144 shares in the last quarter. Contravisory Investment Management Inc. grew its stake in shares of Warrior Met Coal by 1,567.7% during the second quarter. Contravisory Investment Management Inc. now owns 3,919 shares of the company's stock worth $246,000 after purchasing an additional 3,684 shares in the last quarter. O Keefe Stevens Advisory Inc. grew its stake in shares of Warrior Met Coal by 0.3% during the second quarter. O Keefe Stevens Advisory Inc. now owns 263,597 shares of the company's stock worth $16,546,000 after purchasing an additional 886 shares in the last quarter. Finally, QRG Capital Management Inc. grew its stake in shares of Warrior Met Coal by 4.5% during the second quarter. QRG Capital Management Inc. now owns 6,397 shares of the company's stock worth $402,000 after purchasing an additional 277 shares in the last quarter. Institutional investors and hedge funds own 92.28% of the company's stock.

Warrior Met Coal Stock Performance

Shares of NYSE:HCC traded up $1.15 on Tuesday, reaching $70.43. The company's stock had a trading volume of 170,111 shares, compared to its average volume of 759,740. The stock's 50-day moving average is $65.46 and its two-hundred day moving average is $64.12. Warrior Met Coal, Inc. has a 52-week low of $50.60 and a 52-week high of $75.53. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.81 and a quick ratio of 4.67. The stock has a market capitalization of $3.68 billion, a P/E ratio of 9.71 and a beta of 1.03.

Warrior Met Coal (NYSE:HCC - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.40. Warrior Met Coal had a net margin of 23.77% and a return on equity of 19.00%. The business had revenue of $327.72 million for the quarter, compared to analyst estimates of $322.21 million. During the same period in the previous year, the business posted $1.85 earnings per share. The business's revenue was down 22.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Warrior Met Coal, Inc. will post 5.62 EPS for the current year.

Warrior Met Coal Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Tuesday, November 5th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, November 5th. This represents a $0.32 annualized dividend and a yield of 0.45%. Warrior Met Coal's payout ratio is currently 4.42%.

Analysts Set New Price Targets

HCC has been the subject of a number of research reports. Benchmark reissued a "hold" rating on shares of Warrior Met Coal in a research report on Monday, August 5th. B. Riley boosted their price target on shares of Warrior Met Coal from $89.00 to $90.00 and gave the company a "buy" rating in a research report on Thursday, October 31st. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $75.75.

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.