Proficio Capital Partners LLC Buys New Shares in Warrior Met Coal, Inc. (NYSE:HCC)

Proficio Capital Partners LLC bought a new stake in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 12,475 shares of the company's stock, valued at approximately $677,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp lifted its position 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 valued at $217,531,000 after purchasing an additional 158,722 shares during the period. FMR LLC lifted its holdings in shares of Warrior Met Coal by 8.6% in the 3rd quarter. FMR LLC now owns 3,210,531 shares of the company's stock valued at $205,153,000 after buying an additional 254,540 shares during the period. Maple Rock Capital Partners Inc. lifted its holdings in shares of Warrior Met Coal by 193.9% in the 3rd quarter. Maple Rock Capital Partners Inc. now owns 1,460,992 shares of the company's stock valued at $93,357,000 after buying an additional 963,892 shares during the period. Allianz Asset Management GmbH boosted 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 valued at $74,778,000 after buying an additional 126,911 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Warrior Met Coal by 1.1% during the third quarter. Geode Capital Management LLC now owns 1,208,405 shares of the company's stock worth $77,232,000 after acquiring an additional 13,650 shares during the period. 92.28% of the stock is currently owned by hedge funds and other institutional investors.

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Warrior Met Coal Price Performance

Shares of HCC stock traded up $0.03 during trading hours on Wednesday, hitting $48.89. The company's stock had a trading volume of 820,550 shares, compared to its average volume of 731,406. The company has a current ratio of 5.20, a quick ratio of 3.99 and a debt-to-equity ratio of 0.09. The business has a fifty day moving average of $50.98 and a 200-day moving average of $57.72. Warrior Met Coal, Inc. has a twelve month low of $44.62 and a twelve month high of $75.53. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 10.21 and a beta of 1.10.

Warrior Met Coal (NYSE:HCC - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates 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, equities research analysts anticipate that Warrior Met Coal, Inc. will post 4.86 EPS for the current year.

Warrior Met Coal Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders 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 dividend yield of 0.65%. Warrior Met Coal's dividend payout ratio (DPR) is presently 6.68%.

Analyst Ratings Changes

HCC has been the topic of several research analyst reports. Benchmark restated a "hold" rating on shares of Warrior Met Coal in a research report on Friday, February 14th. Jefferies Financial Group lowered their target price 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. Finally, B. Riley reduced 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 report on Tuesday, February 18th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Warrior Met Coal presently has an average rating of "Moderate Buy" and an average price target of $74.00.

About Warrior Met Coal

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.