Intech Investment Management LLC Buys 10,959 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

Intech Investment Management LLC grew its holdings in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 126.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,652 shares of the company's stock after buying an additional 10,959 shares during the quarter. Intech Investment Management LLC's holdings in Warrior Met Coal were worth $1,256,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HCC. Dimensional Fund Advisors LP grew its position in Warrior Met Coal by 2.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,863,024 shares of the company's stock valued at $116,937,000 after acquiring an additional 45,950 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Warrior Met Coal by 4.3% in the 2nd quarter. Renaissance Technologies LLC now owns 1,501,379 shares of the company's stock valued at $94,242,000 after purchasing an additional 62,200 shares in the last quarter. American Century Companies Inc. lifted its holdings in Warrior Met Coal by 6.1% during the 2nd quarter. American Century Companies Inc. now owns 1,440,965 shares of the company's stock valued at $90,449,000 after purchasing an additional 82,622 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Warrior Met Coal by 2.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,299,563 shares of the company's stock valued at $78,885,000 after buying an additional 30,053 shares in the last quarter. Finally, River Road Asset Management LLC grew its stake in Warrior Met Coal by 22.9% during the third quarter. River Road Asset Management LLC now owns 870,357 shares of the company's stock worth $55,616,000 after buying an additional 162,387 shares during the last quarter. 92.28% of the stock is owned by institutional investors.

Analyst Ratings Changes

HCC has been the subject of a number of research analyst reports. Benchmark reiterated a "hold" rating on shares of Warrior Met Coal in a research note on Monday, August 5th. B. Riley lifted their price target on Warrior Met Coal from $89.00 to $90.00 and gave the company a "buy" rating in a report on Thursday, October 31st. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, Warrior Met Coal currently has an average rating of "Hold" and an average price target of $75.75.

Warrior Met Coal Trading Up 2.1 %

Shares of NYSE HCC traded up $1.44 during midday trading on Wednesday, hitting $70.32. The stock had a trading volume of 507,820 shares, compared to its average volume of 765,282. The firm has a market cap of $3.68 billion, a P/E ratio of 9.80 and a beta of 1.02. Warrior Met Coal, Inc. has a fifty-two week low of $50.60 and a fifty-two 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 company's 50-day simple moving average is $64.22 and its 200 day simple moving average is $63.94.

Warrior Met Coal (NYSE:HCC - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.80 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.40. The firm had revenue of $327.72 million during the quarter, compared to analyst estimates of $322.21 million. Warrior Met Coal had a return on equity of 19.00% and a net margin of 23.77%. The company's revenue was down 22.6% on a year-over-year basis. During the same period last year, the company earned $1.85 earnings per share. Research analysts anticipate that Warrior Met Coal, Inc. will post 5.62 EPS for the current year.

Warrior Met Coal Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Tuesday, November 5th were paid a $0.08 dividend. The ex-dividend date of this dividend was Tuesday, November 5th. This represents a $0.32 dividend on an annualized basis and a yield of 0.46%. Warrior Met Coal's payout ratio is presently 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.