Warrior Met Coal, Inc. (NYSE:HCC) Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio cut its position in shares of Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 86.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,526 shares of the company's stock after selling 9,389 shares during the period. Public Employees Retirement System of Ohio's holdings in Warrior Met Coal were worth $98,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of HCC. Blue Trust Inc. increased its position in shares of Warrior Met Coal by 48.5% during the 3rd quarter. Blue Trust Inc. now owns 551 shares of the company's stock worth $35,000 after purchasing an additional 180 shares during the last quarter. Ausbil Investment Management Ltd purchased a new stake in shares of Warrior Met Coal in the 2nd quarter valued at approximately $82,000. KBC Group NV lifted its holdings in shares of Warrior Met Coal by 29.7% in the 3rd quarter. KBC Group NV now owns 1,711 shares of the company's stock worth $109,000 after acquiring an additional 392 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Warrior Met Coal by 34.9% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,313 shares of the company's stock worth $145,000 after purchasing an additional 599 shares during the period. Finally, Innealta Capital LLC acquired a new stake in Warrior Met Coal in the 2nd quarter valued at approximately $160,000. 92.28% of the stock is currently owned by institutional investors and hedge funds.

Warrior Met Coal Stock Down 0.1 %

Shares of HCC stock traded down $0.04 during trading on Monday, reaching $54.89. The company's stock had a trading volume of 419,422 shares, compared to its average volume of 756,125. Warrior Met Coal, Inc. has a 1-year low of $50.60 and a 1-year high of $75.53. The stock's 50-day moving average price is $65.37 and its 200 day moving average price is $63.68. The company has a market capitalization of $2.87 billion, a price-to-earnings ratio of 7.58 and a beta of 1.03. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.81 and a quick ratio of 4.67.

Warrior Met Coal (NYSE:HCC - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.40 by $0.40. Warrior Met Coal had a net margin of 23.77% and a return on equity of 19.00%. The business had revenue of $327.72 million during the quarter, compared to the consensus estimate of $322.21 million. During the same quarter in the previous year, the firm posted $1.85 earnings per share. The company's quarterly revenue was down 22.6% compared to the same quarter last year. On average, research analysts anticipate that Warrior Met Coal, Inc. will post 5.62 EPS for the current year.

Warrior Met Coal Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Tuesday, November 5th were issued a dividend of $0.08 per share. The ex-dividend date was Tuesday, November 5th. This represents a $0.32 annualized dividend and a yield of 0.58%. Warrior Met Coal's dividend payout ratio (DPR) is 4.42%.

Analyst Upgrades and Downgrades

Separately, B. Riley upped their price target on Warrior Met Coal from $89.00 to $90.00 and gave the stock a "buy" rating in a research note on Thursday, October 31st. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $75.75.

Warrior Met Coal 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.