Allianz Asset Management GmbH Has $74.78 Million Stake in Warrior Met Coal, Inc. (NYSE:HCC)

Allianz Asset Management GmbH boosted its position in Warrior Met Coal, Inc. (NYSE:HCC - Free Report) by 10.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,378,645 shares of the company's stock after purchasing an additional 126,911 shares during the quarter. Allianz Asset Management GmbH owned about 2.64% of Warrior Met Coal worth $74,778,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Maple Rock Capital Partners Inc. increased its stake in Warrior Met Coal by 193.9% during the 3rd quarter. Maple Rock Capital Partners Inc. now owns 1,460,992 shares of the company's stock valued at $93,357,000 after buying an additional 963,892 shares during the period. Merewether Investment Management LP boosted its holdings in shares of Warrior Met Coal by 441.9% during the third quarter. Merewether Investment Management LP now owns 793,300 shares of the company's stock worth $50,692,000 after purchasing an additional 646,900 shares during the period. FMR LLC lifted its stake in Warrior Met Coal by 8.6% in the third quarter. FMR LLC now owns 3,210,531 shares of the company's stock valued at $205,153,000 after acquiring an additional 254,540 shares during the last quarter. Forest Avenue Capital Management LP raised its position in shares of Warrior Met Coal by 95.0% in the third quarter. Forest Avenue Capital Management LP now owns 411,547 shares of the company's stock valued at $26,298,000 after purchasing an additional 200,533 shares during the period. Finally, River Road Asset Management LLC raised its position in shares of Warrior Met Coal by 22.9% in the third quarter. River Road Asset Management LLC now owns 870,357 shares of the company's stock valued at $55,616,000 after purchasing an additional 162,387 shares during the period. 92.28% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Benchmark reaffirmed a "hold" rating on shares of Warrior Met Coal in a research report on Friday, February 14th. B. Riley cut their target price on shares of Warrior Met Coal from $90.00 to $86.00 and set a "buy" rating on the stock in a research report on Tuesday. Finally, Jefferies Financial Group lowered their price target on Warrior Met Coal from $75.00 to $65.00 and set a "buy" rating for the company in a research note on Monday, January 6th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Warrior Met Coal has an average rating of "Moderate Buy" and a consensus target price of $74.00.

Warrior Met Coal Stock Down 4.0 %

Shares of NYSE HCC traded down $1.95 during midday trading on Friday, reaching $46.17. The company's stock had a trading volume of 870,879 shares, compared to its average volume of 732,100. Warrior Met Coal, Inc. has a fifty-two week low of $45.94 and a fifty-two week high of $75.53. The company has a current ratio of 5.20, a quick ratio of 3.99 and a debt-to-equity ratio of 0.09. The stock has a 50 day simple moving average of $53.59 and a 200-day simple moving average of $59.32. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of 9.64 and a beta of 1.07.

Warrior Met Coal (NYSE:HCC - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.49 by ($0.34). Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. The company had revenue of $297.47 million for the quarter, compared to the consensus estimate of $331.70 million. Equities research analysts predict that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current year.

Warrior Met Coal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 24th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend is Monday, February 24th. Warrior Met Coal's dividend payout ratio (DPR) is presently 6.68%.

About Warrior Met Coal

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.