Warrior Met Coal, Inc. (NYSE:HCC) Stock Holdings Lifted by Wellington Management Group LLP

Wellington Management Group LLP lifted its stake in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 7.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 90,211 shares of the company’s stock after acquiring an additional 6,015 shares during the quarter. Wellington Management Group LLP owned 0.17% of Warrior Met Coal worth $5,500,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. KGH Ltd lifted its position in shares of Warrior Met Coal by 11.2% in the 3rd quarter. KGH Ltd now owns 2,590,000 shares of the company’s stock valued at $132,297,000 after acquiring an additional 260,091 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Warrior Met Coal by 10.7% in the third quarter. American Century Companies Inc. now owns 961,388 shares of the company’s stock worth $49,108,000 after buying an additional 92,941 shares during the period. Allianz Asset Management GmbH grew its holdings in shares of Warrior Met Coal by 9.7% during the fourth quarter. Allianz Asset Management GmbH now owns 729,620 shares of the company’s stock valued at $44,485,000 after buying an additional 64,672 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in Warrior Met Coal during the fourth quarter valued at $44,388,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in Warrior Met Coal by 1.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 523,538 shares of the company’s stock worth $31,920,000 after acquiring an additional 5,537 shares in the last quarter. 92.28% of the stock is currently owned by institutional investors and hedge funds.

Warrior Met Coal Trading Up 2.1 %

Shares of NYSE:HCC opened at $62.77 on Friday. The company has a current ratio of 6.86, a quick ratio of 5.85 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $3.28 billion, a PE ratio of 7.55 and a beta of 1.05. Warrior Met Coal, Inc. has a 1 year low of $37.28 and a 1 year high of $73.08. The firm has a fifty day moving average price of $65.74 and a 200 day moving average price of $62.45.

Warrior Met Coal (NYSE:HCC) last released its quarterly earnings results on Wednesday, May 1st. The company reported $2.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.02 by $0.61. Warrior Met Coal had a return on equity of 24.71% and a net margin of 25.94%. The company had revenue of $503.50 million during the quarter, compared to the consensus estimate of $474.99 million. During the same quarter in the prior year, the company posted $3.57 EPS. The firm’s revenue was down 1.2% on a year-over-year basis. Analysts expect that Warrior Met Coal, Inc. will post 6.98 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 13th. Stockholders of record on Monday, May 6th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date was Friday, May 3rd. Warrior Met Coal’s payout ratio is 3.85%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. BMO Capital Markets lifted their target price on Warrior Met Coal from $62.00 to $70.00 and gave the company a “market perform” rating in a research note on Thursday, May 2nd. Benchmark reiterated a “hold” rating on shares of Warrior Met Coal in a research report on Thursday, May 2nd. Citigroup upgraded shares of Warrior Met Coal from a “neutral” rating to a “buy” rating and boosted their price target for the company from $60.00 to $75.00 in a report on Thursday, April 11th. Finally, B. Riley increased their price objective on Warrior Met Coal from $87.00 to $91.00 and gave the stock a “buy” rating in a report on Thursday, May 2nd. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $72.80.

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.