Jump Financial LLC Invests $613,000 in Peabody Energy Co. (NYSE:BTU)

Jump Financial LLC acquired a new stake in shares of Peabody Energy Co. (NYSE:BTU - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 29,285 shares of the coal producer's stock, valued at approximately $613,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bridgewater Associates LP raised its holdings in Peabody Energy by 275.5% during the fourth quarter. Bridgewater Associates LP now owns 72,951 shares of the coal producer's stock valued at $1,528,000 after acquiring an additional 53,521 shares during the period. Guggenheim Capital LLC grew its position in shares of Peabody Energy by 57.3% during the fourth quarter. Guggenheim Capital LLC now owns 13,957 shares of the coal producer's stock worth $292,000 after purchasing an additional 5,086 shares in the last quarter. Chiron Investment Management LLC raised its stake in Peabody Energy by 368.4% during the 4th quarter. Chiron Investment Management LLC now owns 41,222 shares of the coal producer's stock valued at $863,000 after purchasing an additional 32,422 shares during the period. Mariner LLC lifted its holdings in Peabody Energy by 40.1% in the 4th quarter. Mariner LLC now owns 32,549 shares of the coal producer's stock worth $682,000 after purchasing an additional 9,316 shares in the last quarter. Finally, Summit Investment Advisors Inc. lifted its holdings in Peabody Energy by 5.5% in the 4th quarter. Summit Investment Advisors Inc. now owns 13,234 shares of the coal producer's stock worth $277,000 after purchasing an additional 693 shares in the last quarter. 87.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on BTU shares. Jefferies Financial Group reduced their price objective on shares of Peabody Energy from $30.00 to $26.00 and set a "buy" rating on the stock in a research report on Monday, January 6th. Benchmark reduced their price target on shares of Peabody Energy from $30.00 to $26.00 and set a "buy" rating on the stock in a report on Friday, February 7th. Finally, B. Riley dropped their price objective on shares of Peabody Energy from $27.00 to $19.00 and set a "buy" rating for the company in a report on Friday, April 11th.

Peabody Energy Stock Performance

Shares of NYSE:BTU opened at $12.13 on Thursday. The firm has a fifty day simple moving average of $13.23 and a two-hundred day simple moving average of $19.25. Peabody Energy Co. has a 52 week low of $9.61 and a 52 week high of $29.94. The company has a quick ratio of 1.68, a current ratio of 2.15 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $1.47 billion, a P/E ratio of 4.49 and a beta of 0.52.

Peabody Energy (NYSE:BTU - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The coal producer reported $0.28 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.25). Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%. On average, analysts expect that Peabody Energy Co. will post 2.61 earnings per share for the current fiscal year.

Peabody Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Wednesday, February 19th were given a $0.075 dividend. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.30 dividend on an annualized basis and a yield of 2.47%. Peabody Energy's dividend payout ratio is presently 11.11%.

Peabody Energy Profile

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.

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