Segall Bryant & Hamill LLC Buys Shares of 70,471 Warrior Met Coal, Inc. (NYSE:HCC)

Segall Bryant & Hamill LLC acquired a new position in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 70,471 shares of the company's stock, valued at approximately $4,503,000. Segall Bryant & Hamill LLC owned about 0.13% of Warrior Met Coal at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of HCC. Empowered Funds LLC increased its stake in Warrior Met Coal by 4.3% during the third quarter. Empowered Funds LLC now owns 215,667 shares of the company's stock valued at $13,781,000 after acquiring an additional 8,802 shares during the period. KBC Group NV raised its stake in shares of Warrior Met Coal by 29.7% in the third quarter. KBC Group NV now owns 1,711 shares of the company's stock valued at $109,000 after purchasing an additional 392 shares in the last quarter. Victory Capital Management Inc. lifted its position in Warrior Met Coal by 26.6% in the third quarter. Victory Capital Management Inc. now owns 52,280 shares of the company's stock worth $3,341,000 after purchasing an additional 10,972 shares during the period. State of New Jersey Common Pension Fund D boosted its stake in Warrior Met Coal by 19.9% during the third quarter. State of New Jersey Common Pension Fund D now owns 34,235 shares of the company's stock worth $2,188,000 after buying an additional 5,692 shares in the last quarter. Finally, Crossmark Global Holdings Inc. bought a new stake in Warrior Met Coal in the 3rd quarter valued at $204,000. Institutional investors own 92.28% of the company's stock.

Warrior Met Coal Price Performance

Shares of HCC stock traded down $2.53 during trading hours on Friday, reaching $70.27. 585,784 shares of the company were exchanged, compared to its average volume of 809,046. Warrior Met Coal, Inc. has a fifty-two week low of $50.60 and a fifty-two week high of $75.53. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.81 and a quick ratio of 4.67. The stock's fifty day moving average is $63.58 and its two-hundred day moving average is $63.87. The company has a market cap of $3.68 billion, a price-to-earnings ratio of 9.71 and a beta of 1.02.

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

Warrior Met Coal Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Tuesday, November 5th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.46%. The ex-dividend date was Tuesday, November 5th. Warrior Met Coal's dividend payout ratio is 4.42%.

Analyst Ratings Changes

A number of research firms recently weighed in on HCC. B. Riley upped their target price on shares of Warrior Met Coal from $89.00 to $90.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. Benchmark reiterated a "hold" rating on shares of Warrior Met Coal in a research note on Monday, August 5th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, Warrior Met Coal presently has a consensus rating of "Hold" and an average target price 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.