Invesco Ltd. Buys 52,937 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

Invesco Ltd. increased its position in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 14.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 414,648 shares of the company's stock after purchasing an additional 52,937 shares during the period. Invesco Ltd. owned 0.79% of Warrior Met Coal worth $22,491,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of HCC. HighTower Advisors LLC boosted its position in shares of Warrior Met Coal by 10.8% during the third quarter. HighTower Advisors LLC now owns 5,564 shares of the company's stock worth $357,000 after acquiring an additional 544 shares during the last quarter. Barclays PLC grew its holdings in Warrior Met Coal by 413.2% during the 3rd quarter. Barclays PLC now owns 101,302 shares of the company's stock valued at $6,474,000 after buying an additional 81,561 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Warrior Met Coal by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 1,208,405 shares of the company's stock worth $77,232,000 after acquiring an additional 13,650 shares in the last quarter. Sanctuary Advisors LLC boosted its position in shares of Warrior Met Coal by 12.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 10,524 shares of the company's stock valued at $740,000 after acquiring an additional 1,137 shares during the last quarter. Finally, Tidal Investments LLC purchased a new position in shares of Warrior Met Coal in the third quarter valued at $1,858,000. Hedge funds and other institutional investors own 92.28% of the company's stock.

Warrior Met Coal Trading Up 1.3 %

Shares of HCC traded up $0.64 during trading hours on Wednesday, reaching $49.31. 528,398 shares of the company traded hands, compared to its average volume of 782,910. The firm has a market cap of $2.59 billion, a price-to-earnings ratio of 10.27 and a beta of 0.80. Warrior Met Coal, Inc. has a 12-month low of $38.00 and a 12-month high of $75.53. The stock's fifty day moving average price is $47.65 and its 200 day moving average price is $56.00. The company has a current ratio of 5.20, a quick ratio of 3.99 and a debt-to-equity ratio of 0.09.

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

Warrior Met Coal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date of this dividend was Monday, February 24th. Warrior Met Coal's dividend payout ratio (DPR) is presently 6.68%.

Wall Street Analyst Weigh In

Several research firms recently commented on HCC. B. Riley dropped their price target on Warrior Met Coal from $86.00 to $76.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Benchmark reiterated a "hold" rating on shares of Warrior Met Coal in a research report on Friday, February 14th. Finally, Jefferies Financial Group dropped their price target on shares of Warrior Met Coal from $75.00 to $65.00 and set a "buy" rating for the company in a research note on Monday, January 6th.

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.