Prescott Group Capital Management L.L.C. Invests $2.17 Million in Warrior Met Coal, Inc. (NYSE:HCC)

Prescott Group Capital Management L.L.C. acquired a new position in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 40,000 shares of the company's stock, valued at approximately $2,170,000. Prescott Group Capital Management L.L.C. owned about 0.08% of Warrior Met Coal as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. State Street Corp lifted its stake in Warrior Met Coal by 4.9% in the third quarter. State Street Corp now owns 3,404,237 shares of the company's stock worth $217,531,000 after purchasing an additional 158,722 shares during the last quarter. FMR LLC grew its holdings in Warrior Met Coal by 8.6% in the third quarter. FMR LLC now owns 3,210,531 shares of the company's stock worth $205,153,000 after purchasing an additional 254,540 shares during the period. Maple Rock Capital Partners Inc. grew its holdings in Warrior Met Coal by 193.9% in the third quarter. Maple Rock Capital Partners Inc. now owns 1,460,992 shares of the company's stock worth $93,357,000 after purchasing an additional 963,892 shares during the period. Allianz Asset Management GmbH lifted its stake in shares of Warrior Met Coal by 10.1% in the fourth quarter. Allianz Asset Management GmbH now owns 1,378,645 shares of the company's stock worth $74,778,000 after buying an additional 126,911 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Warrior Met Coal by 1.1% in the third quarter. Geode Capital Management LLC now owns 1,208,405 shares of the company's stock worth $77,232,000 after buying an additional 13,650 shares in the last quarter. 92.28% of the stock is owned by institutional investors.

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Analysts Set New Price Targets

A number of research analysts recently weighed in on HCC shares. Jefferies Financial Group lowered their price objective on shares of Warrior Met Coal from $75.00 to $65.00 and set a "buy" rating on the stock in a research report on Monday, January 6th. B. Riley decreased their price target on shares of Warrior Met Coal from $90.00 to $86.00 and set a "buy" rating on the stock in a research report on Tuesday, February 18th. Finally, Benchmark reissued a "hold" rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $74.00.

Warrior Met Coal Trading Down 3.0 %

Shares of Warrior Met Coal stock traded down $1.45 during trading on Friday, hitting $46.79. The stock had a trading volume of 831,992 shares, compared to its average volume of 735,438. The firm's fifty day simple moving average is $52.22 and its 200-day simple moving average is $58.56. The stock has a market cap of $2.46 billion, a PE ratio of 9.77 and a beta of 1.10. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.20 and a quick ratio of 3.99. Warrior Met Coal, Inc. has a 12 month low of $45.94 and a 12 month high of $75.53.

Warrior Met Coal (NYSE:HCC - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.34). The firm had revenue of $297.47 million during the quarter, compared to the consensus estimate 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, sell-side analysts expect that Warrior Met Coal, Inc. will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.32 dividend on an annualized basis and a yield of 0.68%. Warrior Met Coal's payout ratio is 6.68%.

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.