Quantbot Technologies LP trimmed its position in Peabody Energy Co. (NYSE:BTU - Free Report) by 91.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,617 shares of the coal producer's stock after selling 74,016 shares during the quarter. Quantbot Technologies LP's holdings in Peabody Energy were worth $139,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Teacher Retirement System of Texas bought a new position in Peabody Energy during the 4th quarter valued at approximately $1,379,000. Counterpoint Mutual Funds LLC purchased a new position in shares of Peabody Energy during the 4th quarter worth approximately $325,000. Cibc World Markets Corp bought a new stake in shares of Peabody Energy during the 4th quarter valued at $248,000. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Peabody Energy by 105.5% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 646,152 shares of the coal producer's stock worth $13,530,000 after buying an additional 331,759 shares during the period. Finally, Moran Wealth Management LLC increased its stake in shares of Peabody Energy by 30.8% in the 4th quarter. Moran Wealth Management LLC now owns 51,040 shares of the coal producer's stock worth $1,069,000 after acquiring an additional 12,025 shares in the last quarter. 87.44% of the stock is currently owned by institutional investors.
Peabody Energy Stock Performance
NYSE:BTU traded down $1.34 on Thursday, hitting $11.96. The stock had a trading volume of 6,585,905 shares, compared to its average volume of 2,961,556. The business's 50-day simple moving average is $15.03 and its two-hundred day simple moving average is $20.63. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 4.43 and a beta of 0.94. Peabody Energy Co. has a 52-week low of $11.89 and a 52-week high of $29.94. The company has a quick ratio of 1.68, a current ratio of 2.15 and a debt-to-equity ratio of 0.27.
Peabody Energy (NYSE:BTU - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The coal producer reported $0.28 earnings per share (EPS) 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 predict that Peabody Energy Co. will post 2.61 earnings per share for the current year.
Peabody Energy Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Wednesday, February 19th were given a dividend of $0.075 per share. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.30 annualized dividend and a yield of 2.51%. Peabody Energy's dividend payout ratio (DPR) is presently 11.11%.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on BTU. Benchmark decreased their target price on shares of Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a research note on Friday, February 7th. Jefferies Financial Group decreased their price objective on shares of Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a report on Monday, January 6th. 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 note on Monday, December 16th.
Get Our Latest Report on Peabody Energy
Peabody Energy Company Profile
(
Free Report)
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.
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