Mercuria Capital Strategies LLC Buys New Stake in Warrior Met Coal, Inc. (NYSE:HCC)

Mercuria Capital Strategies LLC bought a new position in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 154,014 shares of the company's stock, valued at approximately $8,354,000. Warrior Met Coal comprises approximately 3.2% of Mercuria Capital Strategies LLC's portfolio, making the stock its 6th biggest holding. Mercuria Capital Strategies LLC owned 0.29% of Warrior Met Coal as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of HCC. Graham Capital Wealth Management LLC boosted its stake in Warrior Met Coal by 0.6% during the 4th quarter. Graham Capital Wealth Management LLC now owns 47,818 shares of the company's stock valued at $2,594,000 after acquiring an additional 273 shares during the last quarter. Sanctuary Advisors LLC raised its stake in shares of Warrior Met Coal by 2.6% in the 4th quarter. Sanctuary Advisors LLC now owns 10,800 shares of the company's stock valued at $577,000 after purchasing an additional 276 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Warrior Met Coal by 5.6% during the fourth quarter. HighTower Advisors LLC now owns 5,878 shares of the company's stock worth $319,000 after purchasing an additional 314 shares during the last quarter. GAMMA Investing LLC grew its stake in Warrior Met Coal by 56.7% in the fourth quarter. GAMMA Investing LLC now owns 989 shares of the company's stock worth $54,000 after purchasing an additional 358 shares in the last quarter. Finally, KBC Group NV increased its holdings in Warrior Met Coal by 29.7% in the third quarter. KBC Group NV now owns 1,711 shares of the company's stock valued at $109,000 after buying an additional 392 shares during the last quarter. Institutional investors and hedge funds own 92.28% of the company's stock.

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Warrior Met Coal Stock Performance

Shares of Warrior Met Coal stock traded down $0.81 on Monday, reaching $48.42. 1,120,417 shares of the company were exchanged, compared to its average volume of 722,880. The firm has a market cap of $2.54 billion, a price-to-earnings ratio of 10.11 and a beta of 1.10. Warrior Met Coal, Inc. has a 1-year low of $44.62 and a 1-year high of $75.53. 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's 50-day moving average is $51.61 and its two-hundred day moving average is $58.18.

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 for the quarter, missing the consensus estimate of $0.49 by ($0.34). The company had revenue of $297.47 million during the quarter, compared to analyst estimates of $331.70 million. Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. As a group, research analysts expect that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current fiscal year.

Warrior Met Coal Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were given a $0.08 dividend. The ex-dividend date was Monday, February 24th. This represents a $0.32 annualized dividend and a yield of 0.66%. Warrior Met Coal's dividend payout ratio is presently 6.68%.

Analyst Ratings Changes

Several research analysts have recently commented on the company. B. Riley decreased their target price on Warrior Met Coal from $90.00 to $86.00 and set a "buy" rating for the company in a research report on Tuesday, February 18th. Jefferies Financial Group decreased their price objective on shares of 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 reiterated a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, 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.