Altshuler Shaham Ltd Invests $44,000 in Peabody Energy Co. (NYSE:BTU)

Altshuler Shaham Ltd acquired a new stake in Peabody Energy Co. (NYSE:BTU) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,000 shares of the coal producer’s stock, valued at approximately $44,000.

A number of other institutional investors also recently added to or reduced their stakes in BTU. Vanguard Group Inc. lifted its holdings in shares of Peabody Energy by 21.5% in the 1st quarter. Vanguard Group Inc. now owns 13,957,602 shares of the coal producer’s stock valued at $338,611,000 after buying an additional 2,473,286 shares during the period. Boston Partners raised its position in Peabody Energy by 9.2% in the first quarter. Boston Partners now owns 7,348,251 shares of the coal producer’s stock worth $178,118,000 after acquiring an additional 618,395 shares in the last quarter. American Century Companies Inc. lifted its holdings in Peabody Energy by 20.2% in the second quarter. American Century Companies Inc. now owns 3,165,258 shares of the coal producer’s stock valued at $70,016,000 after acquiring an additional 531,440 shares during the period. Assenagon Asset Management S.A. boosted its position in shares of Peabody Energy by 1.2% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,190,141 shares of the coal producer’s stock worth $48,446,000 after purchasing an additional 26,202 shares in the last quarter. Finally, Thomist Capital Management LP grew its stake in shares of Peabody Energy by 483.0% during the 1st quarter. Thomist Capital Management LP now owns 2,024,769 shares of the coal producer’s stock worth $49,121,000 after purchasing an additional 1,677,448 shares during the period. Hedge funds and other institutional investors own 87.44% of the company’s stock.

Peabody Energy Trading Up 4.8 %

Shares of BTU stock opened at $23.91 on Monday. The stock has a market cap of $3.04 billion, a P/E ratio of 6.66 and a beta of 0.95. The company has a quick ratio of 1.92, a current ratio of 2.49 and a debt-to-equity ratio of 0.09. Peabody Energy Co. has a fifty-two week low of $20.21 and a fifty-two week high of $27.24. The business has a fifty day simple moving average of $22.43 and a 200-day simple moving average of $23.06.

Peabody Energy (NYSE:BTU) last posted its earnings results on Thursday, August 1st. The coal producer reported $1.43 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.90. Peabody Energy had a net margin of 12.69% and a return on equity of 15.35%. The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1 billion. On average, analysts forecast that Peabody Energy Co. will post 3.11 earnings per share for the current fiscal year.

Peabody Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Thursday, August 15th were paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend was Thursday, August 15th. Peabody Energy’s payout ratio is 8.36%.

Analyst Ratings Changes

Separately, B. Riley raised their price objective on shares of Peabody Energy from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, September 17th.

About Peabody Energy

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.