Sagefield Capital LP Has $7.18 Million Holdings in Peabody Energy Co. (NYSE:BTU)

Sagefield Capital LP boosted its stake in shares of Peabody Energy Co. (NYSE:BTU) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 324,352 shares of the coal producer’s stock after purchasing an additional 9,051 shares during the quarter. Sagefield Capital LP owned 0.25% of Peabody Energy worth $7,175,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Public Sector Pension Investment Board raised its stake in Peabody Energy by 3.0% during the 2nd quarter. Public Sector Pension Investment Board now owns 232,459 shares of the coal producer’s stock valued at $5,142,000 after purchasing an additional 6,739 shares during the last quarter. Altshuler Shaham Ltd acquired a new position in Peabody Energy during the 2nd quarter valued at $44,000. Denali Advisors LLC raised its stake in Peabody Energy by 22.3% during the 2nd quarter. Denali Advisors LLC now owns 138,447 shares of the coal producer’s stock valued at $3,062,000 after purchasing an additional 25,222 shares during the last quarter. Quantbot Technologies LP raised its stake in Peabody Energy by 42.8% during the 2nd quarter. Quantbot Technologies LP now owns 133,068 shares of the coal producer’s stock valued at $2,943,000 after purchasing an additional 39,868 shares during the last quarter. Finally, WINTON GROUP Ltd raised its stake in Peabody Energy by 67.9% during the 2nd quarter. WINTON GROUP Ltd now owns 40,661 shares of the coal producer’s stock valued at $899,000 after purchasing an additional 16,442 shares during the last quarter. 87.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, B. Riley upped their target price 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.

Peabody Energy Trading Down 1.7 %

Shares of BTU stock opened at $23.50 on Tuesday. Peabody Energy Co. has a 52-week low of $20.21 and a 52-week high of $27.24. The stock has a market cap of $2.99 billion, a price-to-earnings ratio of 6.55 and a beta of 0.95. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.92 and a current ratio of 2.49. The firm has a fifty day moving average of $22.43 and a 200-day moving average of $23.04.

Peabody Energy (NYSE:BTU) last announced its quarterly earnings data on Thursday, August 1st. The coal producer reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.90. Peabody Energy had a net margin of 12.69% and a return on equity of 15.35%. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1 billion. On average, equities research 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 announced a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Thursday, August 15th were given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date was Thursday, August 15th. Peabody Energy’s dividend payout ratio (DPR) is currently 8.36%.

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.