Marshall Wace LLP acquired a new stake in Peabody Energy Co. (NYSE:BTU - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 733,121 shares of the coal producer's stock, valued at approximately $15,352,000. Marshall Wace LLP owned 0.60% of Peabody Energy as of its most recent filing with the SEC.
Other institutional investors have also added to or reduced their stakes in the company. FMR LLC raised its position in shares of Peabody Energy by 9.7% in the third quarter. FMR LLC now owns 6,897 shares of the coal producer's stock valued at $183,000 after purchasing an additional 611 shares during the period. Byrne Asset Management LLC raised its holdings in Peabody Energy by 63.3% during the 4th quarter. Byrne Asset Management LLC now owns 1,755 shares of the coal producer's stock valued at $37,000 after acquiring an additional 680 shares during the period. Summit Investment Advisors Inc. lifted its position in shares of Peabody Energy by 5.5% during the fourth quarter. Summit Investment Advisors Inc. now owns 13,234 shares of the coal producer's stock worth $277,000 after acquiring an additional 693 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of Peabody Energy by 167.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,189 shares of the coal producer's stock worth $25,000 after acquiring an additional 744 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in shares of Peabody Energy by 3.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 24,556 shares of the coal producer's stock valued at $514,000 after purchasing an additional 885 shares in the last quarter. 87.44% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
BTU has been the topic of a number of recent research reports. Jefferies Financial Group dropped their price objective on Peabody Energy from $30.00 to $26.00 and set a "buy" rating on the stock in a report on Monday, January 6th. Benchmark lowered 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 decreased their target price on shares of Peabody Energy from $27.00 to $19.00 and set a "buy" rating on the stock in a report on Friday, April 11th.
Check Out Our Latest Stock Report on Peabody Energy
Peabody Energy Price Performance
NYSE BTU traded up $0.61 during trading on Thursday, reaching $12.73. The company's stock had a trading volume of 3,999,605 shares, compared to its average volume of 3,248,229. The stock has a market capitalization of $1.55 billion, a PE ratio of 4.71 and a beta of 0.52. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.15 and a quick ratio of 1.68. The firm has a fifty day moving average of $13.23 and a 200 day moving average of $19.25. Peabody Energy Co. has a one year low of $9.61 and a one year high of $29.94.
Peabody Energy (NYSE:BTU - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The coal producer reported $0.28 earnings per share 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%. Analysts expect that Peabody Energy Co. will post 2.61 EPS for the current fiscal year.
Peabody Energy Dividend Announcement
The business also recently announced 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 was Wednesday, February 19th. This represents a $0.30 annualized dividend and a yield of 2.36%. Peabody Energy's dividend payout ratio (DPR) is presently 11.11%.
About Peabody Energy
(
Free Report)
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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