Meixler Investment Management Ltd. Reduces Stock Position in Warrior Met Coal, Inc. (NYSE:HCC)

Meixler Investment Management Ltd. reduced its position in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 20.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 29,755 shares of the company's stock after selling 7,760 shares during the quarter. Warrior Met Coal comprises approximately 1.2% of Meixler Investment Management Ltd.'s investment portfolio, making the stock its 15th largest position. Meixler Investment Management Ltd. owned about 0.06% of Warrior Met Coal worth $1,614,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HCC. SG Americas Securities LLC purchased a new stake in shares of Warrior Met Coal in the third quarter valued at approximately $287,000. Creative Planning boosted its stake in Warrior Met Coal by 1.7% during the third quarter. Creative Planning now owns 20,700 shares of the company's stock worth $1,323,000 after buying an additional 338 shares during the last quarter. Inspire Advisors LLC grew its holdings in Warrior Met Coal by 75.5% in the 3rd quarter. Inspire Advisors LLC now owns 5,997 shares of the company's stock valued at $383,000 after buying an additional 2,580 shares in the last quarter. Blue Trust Inc. increased its stake in shares of Warrior Met Coal by 48.5% in the 3rd quarter. Blue Trust Inc. now owns 551 shares of the company's stock worth $35,000 after acquiring an additional 180 shares during the last quarter. Finally, Graham Capital Wealth Management LLC raised its holdings in shares of Warrior Met Coal by 2.3% during the 3rd quarter. Graham Capital Wealth Management LLC now owns 47,545 shares of the company's stock worth $3,038,000 after acquiring an additional 1,071 shares during the period. Institutional investors and hedge funds own 92.28% of the company's stock.

Warrior Met Coal Trading Down 0.8 %

Shares of NYSE HCC traded down $0.40 during trading on Wednesday, reaching $50.00. The stock had a trading volume of 467,383 shares, compared to its average volume of 749,588. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20. The company has a market cap of $2.63 billion, a P/E ratio of 10.42 and a beta of 1.07. Warrior Met Coal, Inc. has a fifty-two week low of $48.89 and a fifty-two week high of $75.53. The business's 50-day moving average price is $54.49 and its 200-day moving average price is $59.56.

Warrior Met Coal (NYSE:HCC - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.34). The business 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%. On average, equities research analysts predict that Warrior Met Coal, Inc. will post 5.6 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 24th will be issued a dividend of $0.08 per share. The ex-dividend date is Monday, February 24th. This represents a $0.32 annualized dividend and a yield of 0.64%. Warrior Met Coal's dividend payout ratio (DPR) is 6.68%.

Analyst Ratings Changes

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

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.