Peabody Energy Co. (NYSE:BTU) Stock Holdings Lowered by Renaissance Technologies LLC

Renaissance Technologies LLC decreased its position in shares of Peabody Energy Co. (NYSE:BTU - Free Report) by 0.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 4,888,890 shares of the coal producer's stock after selling 34,600 shares during the period. Renaissance Technologies LLC owned 4.02% of Peabody Energy worth $102,373,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of BTU. State Street Corp lifted its holdings in shares of Peabody Energy by 7.6% during the 3rd quarter. State Street Corp now owns 7,631,707 shares of the coal producer's stock worth $202,546,000 after acquiring an additional 540,219 shares during the period. American Century Companies Inc. raised its stake in Peabody Energy by 6.0% during the fourth quarter. American Century Companies Inc. now owns 3,785,337 shares of the coal producer's stock worth $79,265,000 after purchasing an additional 215,614 shares during the period. Geode Capital Management LLC raised its stake in Peabody Energy by 8.0% during the third quarter. Geode Capital Management LLC now owns 2,918,536 shares of the coal producer's stock worth $77,473,000 after purchasing an additional 216,887 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Peabody Energy by 9.7% in the 4th quarter. Bank of New York Mellon Corp now owns 1,422,400 shares of the coal producer's stock valued at $29,785,000 after purchasing an additional 125,372 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Peabody Energy by 0.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,400,044 shares of the coal producer's stock valued at $29,317,000 after buying an additional 11,363 shares during the period. Institutional investors and hedge funds own 87.44% of the company's stock.

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Analysts Set New Price Targets

A number of equities analysts have recently commented on BTU shares. BMO Capital Markets upgraded Peabody Energy from a "market perform" rating to an "outperform" rating and set a $26.00 price objective on the stock in a report on Monday, December 16th. Benchmark decreased their price target on shares of Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a research report on Friday, February 7th. B. Riley cut their price objective on Peabody Energy from $27.00 to $19.00 and set a "buy" rating on the stock in a research report on Friday. Finally, Jefferies Financial Group decreased their target price on Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a research report on Monday, January 6th.

Peabody Energy Stock Down 6.1 %

Shares of Peabody Energy stock traded down $0.78 on Monday, hitting $11.95. 2,726,283 shares of the company's stock traded hands, compared to its average volume of 4,645,200. The stock has a market cap of $1.45 billion, a P/E ratio of 4.43 and a beta of 0.52. The firm's 50-day moving average is $13.94 and its 200 day moving average is $19.92. 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 Co. has a 52-week low of $9.61 and a 52-week high of $29.94.

Peabody Energy (NYSE:BTU - Get Free Report) last released its earnings results on Thursday, February 6th. The coal producer reported $0.28 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%. Equities analysts anticipate that Peabody Energy Co. will post 2.61 earnings per share for the current year.

Peabody Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Wednesday, February 19th were issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 2.51%. The ex-dividend date was Wednesday, February 19th. Peabody Energy's dividend payout ratio (DPR) is presently 11.11%.

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.