Peabody Energy (NYSE:BTU) Hits New 1-Year Low - Here's What Happened

Peabody Energy Co. (NYSE:BTU - Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as $12.61 and last traded at $13.06, with a volume of 2152795 shares trading hands. The stock had previously closed at $13.79.

Analyst Upgrades and Downgrades

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

Peabody Energy Trading Down 3.0 %

The business has a 50 day moving average of $17.26 and a two-hundred day moving average of $21.78. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.68 and a current ratio of 2.15. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 4.62 and a beta of 0.94.

Peabody Energy (NYSE:BTU - Get Free Report) last posted its quarterly 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%. Equities analysts predict that Peabody Energy Co. will post 2.61 EPS for the current year.

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Peabody Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Wednesday, February 19th will be paid a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 2.40%. The ex-dividend date of this dividend is Wednesday, February 19th. Peabody Energy's dividend payout ratio (DPR) is presently 11.11%.

Institutional Trading of Peabody Energy

Several institutional investors and hedge funds have recently modified their holdings of the stock. Jefferies Financial Group Inc. purchased a new stake in shares of Peabody Energy in the fourth quarter worth approximately $5,162,000. Neo Ivy Capital Management purchased a new stake in shares of Peabody Energy in the fourth quarter worth approximately $1,742,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Peabody Energy by 11.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 162,948 shares of the coal producer's stock worth $3,412,000 after purchasing an additional 17,335 shares during the last quarter. Vident Advisory LLC raised its stake in shares of Peabody Energy by 187.6% in the fourth quarter. Vident Advisory LLC now owns 35,081 shares of the coal producer's stock worth $735,000 after purchasing an additional 22,884 shares during the last quarter. Finally, State of Wyoming raised its stake in shares of Peabody Energy by 51.3% in the fourth quarter. State of Wyoming now owns 36,559 shares of the coal producer's stock worth $766,000 after purchasing an additional 12,403 shares during the last quarter. 87.44% of the stock is owned by hedge funds and other institutional investors.

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.