Trium Capital LLP Invests $21.11 Million in Arch Resources, Inc. (NYSE:ARCH)

Trium Capital LLP purchased a new position in shares of Arch Resources, Inc. (NYSE:ARCH - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 149,478 shares of the energy company's stock, valued at approximately $21,109,000. Arch Resources makes up approximately 3.0% of Trium Capital LLP's holdings, making the stock its 2nd largest holding. Trium Capital LLP owned about 0.83% of Arch Resources as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of ARCH. GAMMA Investing LLC grew its position in Arch Resources by 340.5% in the fourth quarter. GAMMA Investing LLC now owns 185 shares of the energy company's stock valued at $26,000 after acquiring an additional 143 shares during the period. Quest Partners LLC acquired a new stake in shares of Arch Resources in the 3rd quarter valued at $50,000. KBC Group NV grew its holdings in shares of Arch Resources by 43.3% in the 3rd quarter. KBC Group NV now owns 569 shares of the energy company's stock worth $79,000 after purchasing an additional 172 shares during the last quarter. Blue Trust Inc. lifted its holdings in Arch Resources by 191.1% during the 3rd quarter. Blue Trust Inc. now owns 978 shares of the energy company's stock valued at $149,000 after purchasing an additional 642 shares during the last quarter. Finally, Westchester Capital Management LLC acquired a new position in Arch Resources in the third quarter valued at about $157,000. Institutional investors own 88.14% of the company's stock.

Arch Resources Price Performance

ARCH stock remained flat at $134.83 during midday trading on Friday. Arch Resources, Inc. has a 12-month low of $116.44 and a 12-month high of $187.60. The firm has a market capitalization of $2.44 billion, a PE ratio of 14.16 and a beta of 0.69. The stock's 50 day simple moving average is $152.76 and its 200-day simple moving average is $144.26.

Arch Resources (NYSE:ARCH - Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The energy company reported ($0.34) earnings per share for the quarter, missing analysts' consensus estimates of $1.83 by ($2.17). Arch Resources had a return on equity of 13.22% and a net margin of 6.69%. The business had revenue of $617.90 million for the quarter, compared to the consensus estimate of $587.71 million. During the same period last year, the firm earned $3.91 earnings per share. The company's quarterly revenue was down 17.0% on a year-over-year basis. Research analysts expect that Arch Resources, Inc. will post 5.02 EPS for the current year.

Arch Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Friday, November 15th were paid a dividend of $0.25 per share. The ex-dividend date was Friday, November 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.74%. Arch Resources's dividend payout ratio (DPR) is presently 10.50%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on ARCH shares. Piper Sandler raised Arch Resources from a "neutral" rating to an "overweight" rating and reduced their target price for the stock from $165.00 to $150.00 in a report on Monday, January 6th. Benchmark reissued a "buy" rating and issued a $180.00 price objective on shares of Arch Resources in a research note on Monday, November 18th. StockNews.com started coverage on Arch Resources in a report on Tuesday, January 14th. They issued a "hold" rating for the company. Finally, Jefferies Financial Group upgraded shares of Arch Resources from a "hold" rating to a "buy" rating and reduced their price target for the stock from $165.00 to $150.00 in a research report on Monday, January 6th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, Arch Resources currently has an average rating of "Moderate Buy" and an average target price of $167.17.

About Arch Resources

Arch Resources, Inc engages in the production and sale of metallurgical products. It operates in two segments, Metallurgical and Thermal. The company operates active mines. It owned or controlled primarily through long-term leases of coal land in Ohio, Maryland, Virginia, West Virginia, Wyoming, Kentucky, Montana, Pennsylvania, Colorado, and Illinois; and smaller parcels of property in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas.