Mitsubishi UFJ Trust & Banking Corp Increases Stock Position in Peabody Energy Co. (NYSE:BTU)

Mitsubishi UFJ Trust & Banking Corp raised its position in shares of Peabody Energy Co. (NYSE:BTU - Free Report) by 9.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 230,279 shares of the coal producer's stock after purchasing an additional 20,646 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.19% of Peabody Energy worth $4,822,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BTU. Steward Partners Investment Advisory LLC boosted its stake in shares of Peabody Energy by 144.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,951 shares of the coal producer's stock valued at $83,000 after purchasing an additional 2,333 shares during the last quarter. Rhumbline Advisers boosted its position in Peabody Energy by 2.4% during the fourth quarter. Rhumbline Advisers now owns 327,601 shares of the coal producer's stock valued at $6,860,000 after acquiring an additional 7,586 shares during the last quarter. Elevate Capital Advisors LLC acquired a new stake in Peabody Energy during the 4th quarter worth about $1,889,000. Sanctuary Advisors LLC raised its position in shares of Peabody Energy by 15.7% in the 4th quarter. Sanctuary Advisors LLC now owns 43,766 shares of the coal producer's stock worth $916,000 after acquiring an additional 5,940 shares in the last quarter. Finally, Vontobel Holding Ltd. lifted its stake in shares of Peabody Energy by 52.1% in the 4th quarter. Vontobel Holding Ltd. now owns 57,800 shares of the coal producer's stock valued at $1,210,000 after purchasing an additional 19,800 shares during the period. Institutional investors and hedge funds own 87.44% of the company's stock.

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Peabody Energy Stock Down 12.6 %

BTU stock traded down $1.51 during trading on Friday, reaching $10.44. 8,652,161 shares of the stock were exchanged, compared to its average volume of 2,984,458. The firm's 50 day moving average is $14.85 and its 200 day moving average is $20.55. The firm has a market cap of $1.27 billion, a P/E ratio of 3.87 and a beta of 0.94. The company has a current ratio of 2.15, a quick ratio of 1.68 and a debt-to-equity ratio of 0.27. Peabody Energy Co. has a twelve month low of $10.28 and a twelve month high of $29.94.

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

Peabody Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 11th. Shareholders of record on Wednesday, February 19th were paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date was Wednesday, February 19th. Peabody Energy's dividend payout ratio (DPR) is 11.11%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Jefferies Financial Group decreased their target price on Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a research note on Monday, January 6th. Benchmark reduced their price objective on shares of Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a research report on Friday, February 7th. Finally, BMO Capital Markets upgraded shares of Peabody Energy from a "market perform" rating to an "outperform" rating and set a $26.00 target price on the stock in a research report on Monday, December 16th.

Peabody Energy Company 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.