Warrior Met Coal, Inc. (NYSE:HCC) Shares Sold by US Bancorp DE

US Bancorp DE decreased its holdings in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 95.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 400 shares of the company's stock after selling 9,084 shares during the quarter. US Bancorp DE's holdings in Warrior Met Coal were worth $26,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Nisa Investment Advisors LLC raised its stake in Warrior Met Coal by 14.2% during the third quarter. Nisa Investment Advisors LLC now owns 6,071 shares of the company's stock valued at $388,000 after buying an additional 755 shares in the last quarter. Graham Capital Wealth Management LLC raised its stake in Warrior Met Coal by 2.3% during the third quarter. Graham Capital Wealth Management LLC now owns 47,545 shares of the company's stock valued at $3,038,000 after buying an additional 1,071 shares in the last quarter. Blue Trust Inc. raised its stake in Warrior Met Coal by 48.5% during the third quarter. Blue Trust Inc. now owns 551 shares of the company's stock valued at $35,000 after buying an additional 180 shares in the last quarter. Inspire Advisors LLC raised its stake in Warrior Met Coal by 75.5% during the third quarter. Inspire Advisors LLC now owns 5,997 shares of the company's stock valued at $383,000 after buying an additional 2,580 shares in the last quarter. Finally, Creative Planning raised its stake in Warrior Met Coal by 1.7% during the third quarter. Creative Planning now owns 20,700 shares of the company's stock valued at $1,323,000 after buying an additional 338 shares in the last quarter. Institutional investors and hedge funds own 92.28% of the company's stock.

Warrior Met Coal Stock Performance

Shares of NYSE HCC traded up $1.51 during mid-day trading on Tuesday, hitting $68.50. The company had a trading volume of 547,702 shares, compared to its average volume of 767,446. The stock has a market cap of $3.58 billion, a price-to-earnings ratio of 9.46 and a beta of 1.02. Warrior Met Coal, Inc. has a 12 month low of $50.60 and a 12 month 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 firm's 50 day simple moving average is $62.54 and its two-hundred day simple moving average is $63.74.

Warrior Met Coal (NYSE:HCC - Get Free Report) last announced its quarterly earnings results 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 business 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 was down 22.6% on a year-over-year basis. During the same quarter last year, the business posted $1.85 EPS. As a group, equities research analysts forecast that Warrior Met Coal, Inc. will post 5.62 earnings per share for the current year.

Warrior Met Coal Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Tuesday, November 5th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.47%. The ex-dividend date of this dividend was Tuesday, November 5th. Warrior Met Coal's dividend payout ratio is currently 4.42%.

Wall Street Analysts Forecast Growth

HCC has been the topic of several research reports. B. Riley upped their price objective on 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 report on Monday, August 5th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $75.75.

Warrior Met Coal Company 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.