WINTON GROUP Ltd raised its stake in shares of Peabody Energy Co. (NYSE:BTU - Free Report) by 357.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 51,930 shares of the coal producer's stock after acquiring an additional 40,576 shares during the period. WINTON GROUP Ltd's holdings in Peabody Energy were worth $1,087,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. State Street Corp lifted its holdings in shares of Peabody Energy by 7.6% during the third quarter. State Street Corp now owns 7,631,707 shares of the coal producer's stock worth $202,546,000 after purchasing an additional 540,219 shares during the period. American Century Companies Inc. raised its position in Peabody Energy by 6.0% during the 4th quarter. American Century Companies Inc. now owns 3,785,337 shares of the coal producer's stock worth $79,265,000 after buying an additional 215,614 shares during the last quarter. Progeny 3 Inc. lifted its stake in shares of Peabody Energy by 1.6% in the 3rd quarter. Progeny 3 Inc. now owns 3,580,014 shares of the coal producer's stock worth $95,014,000 after acquiring an additional 56,280 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Peabody Energy by 8.0% in the third quarter. Geode Capital Management LLC now owns 2,918,536 shares of the coal producer's stock valued at $77,473,000 after acquiring an additional 216,887 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Peabody Energy by 9.7% in the fourth quarter. Bank of New York Mellon Corp now owns 1,422,400 shares of the coal producer's stock valued at $29,785,000 after acquiring an additional 125,372 shares in the last quarter. 87.44% of the stock is owned by institutional investors and hedge funds.
Peabody Energy Price Performance
NYSE BTU traded down $0.29 during mid-day trading on Wednesday, hitting $13.25. The stock had a trading volume of 1,392,045 shares, compared to its average volume of 3,946,719. The company has a 50 day simple moving average of $15.29 and a 200 day simple moving average of $20.74. The company has a quick ratio of 1.68, a current ratio of 2.15 and a debt-to-equity ratio of 0.27. The company has a market cap of $1.61 billion, a price-to-earnings ratio of 4.91 and a beta of 0.94. Peabody Energy Co. has a 52-week low of $12.15 and a 52-week high of $29.94.
Peabody Energy (NYSE:BTU - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The coal producer reported $0.28 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.25). Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%. Equities analysts forecast that Peabody Energy Co. will post 2.61 EPS for the current fiscal year.
Peabody Energy Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 11th. Shareholders of record on Wednesday, February 19th were paid a dividend of $0.075 per share. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.30 annualized dividend and a dividend yield of 2.27%. Peabody Energy's dividend payout ratio is currently 11.11%.
Analysts Set New Price Targets
A number of equities research analysts recently commented on BTU shares. Benchmark reduced their price objective on shares of Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a research report on Friday, February 7th. BMO Capital Markets raised Peabody Energy from a "market perform" rating to an "outperform" rating and set a $26.00 target price for the company in a research note on Monday, December 16th. Finally, Jefferies Financial Group decreased their price target on Peabody Energy from $30.00 to $26.00 and set a "buy" rating on the stock in a research note on Monday, January 6th.
Check Out Our Latest Stock Analysis on Peabody Energy
About Peabody Energy
(
Free Report)
Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.
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