AQR Capital Management LLC Trims Stock Position in Hallador Energy (NASDAQ:HNRG)

AQR Capital Management LLC lowered its stake in shares of Hallador Energy (NASDAQ:HNRG) by 18.7% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 560,954 shares of the energy company’s stock after selling 129,365 shares during the period. AQR Capital Management LLC owned about 1.51% of Hallador Energy worth $4,359,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Virtu Financial LLC purchased a new stake in Hallador Energy during the fourth quarter worth $265,000. B. Riley Wealth Advisors Inc. grew its stake in Hallador Energy by 1,822.2% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 221,050 shares of the energy company’s stock valued at $1,954,000 after acquiring an additional 209,550 shares during the period. Norden Group LLC purchased a new stake in Hallador Energy in the 1st quarter worth $55,000. Principal Financial Group Inc. acquired a new position in Hallador Energy during the first quarter worth $71,000. Finally, Privium Fund Management UK Ltd purchased a new position in Hallador Energy during the first quarter valued at $64,000. 61.38% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Hallador Energy from a “hold” rating to a “sell” rating in a research note on Sunday, August 18th.

Insiders Place Their Bets

In related news, Director Zarrell Thomas Gray purchased 14,000 shares of the company’s stock in a transaction dated Monday, August 26th. The stock was acquired at an average cost of $6.36 per share, for a total transaction of $89,040.00. Following the completion of the transaction, the director now directly owns 47,000 shares of the company’s stock, valued at approximately $298,920. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Charles Ray Iv Wesley bought 25,000 shares of the firm’s stock in a transaction on Friday, September 6th. The shares were bought at an average cost of $5.97 per share, for a total transaction of $149,250.00. Following the acquisition, the director now directly owns 184,302 shares of the company’s stock, valued at $1,100,282.94. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Zarrell Thomas Gray purchased 14,000 shares of the business’s stock in a transaction dated Monday, August 26th. The shares were purchased at an average price of $6.36 per share, with a total value of $89,040.00. Following the acquisition, the director now directly owns 47,000 shares in the company, valued at approximately $298,920. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 61,000 shares of company stock valued at $363,840 in the last ninety days. 32.30% of the stock is currently owned by corporate insiders.

Hallador Energy Stock Up 8.6 %

Shares of HNRG opened at $10.59 on Friday. The stock has a 50 day moving average price of $6.93 and a 200 day moving average price of $6.72. Hallador Energy has a one year low of $4.33 and a one year high of $15.79. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.16 and a current ratio of 0.53. The stock has a market capitalization of $392.12 million, a price-to-earnings ratio of 17.95 and a beta of 0.62.

Hallador Energy (NASDAQ:HNRG) last released its earnings results on Tuesday, August 6th. The energy company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.19). The business had revenue of $90.91 million for the quarter, compared to analysts’ expectations of $108.00 million. Hallador Energy had a negative return on equity of 1.48% and a negative net margin of 1.25%. During the same period in the previous year, the company earned $0.47 EPS. Equities research analysts forecast that Hallador Energy will post -0.41 earnings per share for the current fiscal year.

Hallador Energy Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.