Alpha Metallurgical Resources, Inc. (NYSE:AMR) Shares Acquired by Sei Investments Co.

Sei Investments Co. grew its holdings in shares of Alpha Metallurgical Resources, Inc. (NYSE:AMR - Free Report) by 36.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,786 shares of the energy company's stock after buying an additional 2,903 shares during the period. Sei Investments Co. owned 0.08% of Alpha Metallurgical Resources worth $2,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Empowered Funds LLC grew its position in shares of Alpha Metallurgical Resources by 69.7% in the 4th quarter. Empowered Funds LLC now owns 12,139 shares of the energy company's stock valued at $2,429,000 after buying an additional 4,985 shares during the last quarter. Ruffer LLP purchased a new position in shares of Alpha Metallurgical Resources during the fourth quarter worth about $4,100,000. Barclays PLC increased its position in shares of Alpha Metallurgical Resources by 309.2% during the third quarter. Barclays PLC now owns 18,646 shares of the energy company's stock worth $4,402,000 after purchasing an additional 14,089 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Alpha Metallurgical Resources in the 4th quarter valued at about $3,564,000. Finally, Impala Asset Management LLC acquired a new stake in shares of Alpha Metallurgical Resources in the 3rd quarter valued at about $1,181,000. 84.29% of the stock is owned by institutional investors and hedge funds.

Alpha Metallurgical Resources Stock Down 5.0 %

AMR traded down $5.80 during trading on Thursday, hitting $110.52. 335,086 shares of the stock were exchanged, compared to its average volume of 226,056. The firm has a market capitalization of $1.44 billion, a P/E ratio of 4.06 and a beta of 1.08. Alpha Metallurgical Resources, Inc. has a 1-year low of $100.00 and a 1-year high of $361.17. The stock has a fifty day moving average price of $141.69 and a two-hundred day moving average price of $190.14.

Alpha Metallurgical Resources (NYSE:AMR - Get Free Report) last announced its earnings results on Friday, February 28th. The energy company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.09). The business had revenue of $617.30 million during the quarter, compared to analyst estimates of $658.20 million. Alpha Metallurgical Resources had a net margin of 11.08% and a return on equity of 22.65%. The business's revenue was down 35.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $12.88 earnings per share. Analysts predict that Alpha Metallurgical Resources, Inc. will post 14.31 EPS for the current year.

Alpha Metallurgical Resources Profile

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.