Renaissance Technologies LLC Acquires 35,000 Shares of Hallador Energy (NASDAQ:HNRG)

Renaissance Technologies LLC boosted its position in Hallador Energy (NASDAQ:HNRG - Free Report) by 5.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 648,055 shares of the energy company's stock after purchasing an additional 35,000 shares during the period. Renaissance Technologies LLC owned about 1.52% of Hallador Energy worth $7,420,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HNRG. Barclays PLC grew its holdings in shares of Hallador Energy by 272.9% in the third quarter. Barclays PLC now owns 33,131 shares of the energy company's stock valued at $312,000 after acquiring an additional 24,247 shares in the last quarter. Highland Peak Capital LLC purchased a new stake in shares of Hallador Energy during the 4th quarter valued at $5,895,000. Geode Capital Management LLC boosted its holdings in shares of Hallador Energy by 4.2% in the 3rd quarter. Geode Capital Management LLC now owns 672,801 shares of the energy company's stock worth $6,346,000 after buying an additional 27,093 shares during the last quarter. Raymond James Financial Inc. bought a new position in Hallador Energy during the fourth quarter valued at about $873,000. Finally, American Century Companies Inc. increased its holdings in Hallador Energy by 22.6% during the fourth quarter. American Century Companies Inc. now owns 794,303 shares of the energy company's stock worth $9,095,000 after buying an additional 146,450 shares during the last quarter. Hedge funds and other institutional investors own 61.38% of the company's stock.

Hallador Energy Trading Down 5.2 %

Shares of Hallador Energy stock traded down $0.75 during trading on Monday, reaching $13.62. The company's stock had a trading volume of 617,970 shares, compared to its average volume of 560,182. The company has a market cap of $580.47 million, a price-to-earnings ratio of -24.76 and a beta of 0.18. The firm's 50-day moving average is $11.42 and its two-hundred day moving average is $11.40. Hallador Energy has a 52-week low of $4.59 and a 52-week high of $14.76. The company has a quick ratio of 0.17, a current ratio of 0.58 and a debt-to-equity ratio of 0.16.

Hallador Energy (NASDAQ:HNRG - Get Free Report) last released its quarterly earnings data on Monday, March 17th. The energy company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.01. The business had revenue of $94.80 million during the quarter, compared to analysts' expectations of $102.46 million. Hallador Energy had a negative return on equity of 6.71% and a negative net margin of 4.85%. On average, sell-side analysts anticipate that Hallador Energy will post -0.31 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on HNRG shares. B. Riley raised their price target on shares of Hallador Energy from $13.00 to $15.00 and gave the stock a "buy" rating in a research note on Tuesday, April 1st. StockNews.com raised Hallador Energy from a "sell" rating to a "hold" rating in a research report on Monday, April 7th.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.