Kennondale Capital Management LLC Purchases Shares of 27,747 Warrior Met Coal, Inc. (NYSE:HCC)

Kennondale Capital Management LLC acquired a new position in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 27,747 shares of the company's stock, valued at approximately $1,505,000. Warrior Met Coal accounts for approximately 1.2% of Kennondale Capital Management LLC's portfolio, making the stock its 21st largest position. Kennondale Capital Management LLC owned 0.05% of Warrior Met Coal at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. FNY Investment Advisers LLC bought a new position in Warrior Met Coal during the 4th quarter worth $43,000. GAMMA Investing LLC increased its stake in Warrior Met Coal by 56.7% during the 4th quarter. GAMMA Investing LLC now owns 989 shares of the company's stock worth $54,000 after acquiring an additional 358 shares during the period. Smartleaf Asset Management LLC increased its stake in Warrior Met Coal by 304.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company's stock worth $75,000 after acquiring an additional 1,040 shares during the period. KBC Group NV increased its stake in Warrior Met Coal by 29.7% during the 3rd quarter. KBC Group NV now owns 1,711 shares of the company's stock worth $109,000 after acquiring an additional 392 shares during the period. Finally, Wolverine Asset Management LLC increased its stake in Warrior Met Coal by 264.4% during the 4th quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company's stock worth $94,000 after acquiring an additional 2,800 shares during the period. Institutional investors own 92.28% of the company's stock.

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Warrior Met Coal Price Performance

Shares of Warrior Met Coal stock traded down $0.46 during trading on Friday, reaching $46.64. 3,096,448 shares of the company's stock were exchanged, compared to its average volume of 731,387. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20. Warrior Met Coal, Inc. has a 1-year low of $44.62 and a 1-year high of $75.53. The company has a market cap of $2.45 billion, a P/E ratio of 9.74 and a beta of 1.10. The firm's 50-day moving average price is $51.18 and its 200 day moving average price is $57.76.

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

Warrior Met Coal Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 24th were issued a $0.08 dividend. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.32 dividend on an annualized basis and a yield of 0.69%. Warrior Met Coal's payout ratio is presently 6.68%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Jefferies Financial Group decreased their price target on Warrior Met Coal from $75.00 to $65.00 and set a "buy" rating on the stock in a research note on Monday, January 6th. B. Riley lowered their price target on Warrior Met Coal from $90.00 to $86.00 and set a "buy" rating for the company in a report on Tuesday, February 18th. Finally, Benchmark reissued a "hold" rating on shares of Warrior Met Coal in a report on Friday, February 14th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $74.00.

Warrior Met Coal Company 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.