Warrior Met Coal, Inc. (NYSE:HCC) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 12.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 95,448 shares of the company’s stock after selling 13,110 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.18% of Warrior Met Coal worth $6,099,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC boosted its position in Warrior Met Coal by 8.6% in the 3rd quarter. FMR LLC now owns 3,210,531 shares of the company’s stock valued at $205,153,000 after buying an additional 254,540 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Warrior Met Coal by 2.5% during the second quarter. Dimensional Fund Advisors LP now owns 1,863,024 shares of the company’s stock valued at $116,937,000 after buying an additional 45,950 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Warrior Met Coal by 4.3% during the second quarter. Renaissance Technologies LLC now owns 1,501,379 shares of the company’s stock worth $94,242,000 after purchasing an additional 62,200 shares in the last quarter. American Century Companies Inc. raised its holdings in Warrior Met Coal by 6.1% during the second quarter. American Century Companies Inc. now owns 1,440,965 shares of the company’s stock worth $90,449,000 after purchasing an additional 82,622 shares in the last quarter. Finally, River Road Asset Management LLC raised its holdings in Warrior Met Coal by 22.9% during the third quarter. River Road Asset Management LLC now owns 870,357 shares of the company’s stock worth $55,616,000 after purchasing an additional 162,387 shares in the last quarter. 92.28% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, B. Riley lifted their price target on shares of Warrior Met Coal from $89.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $75.75.

Warrior Met Coal Trading Up 1.7 %

Warrior Met Coal stock opened at $64.48 on Wednesday. The company has a quick ratio of 4.67, a current ratio of 5.81 and a debt-to-equity ratio of 0.09. Warrior Met Coal, Inc. has a 12 month low of $50.60 and a 12 month high of $75.53. The company’s fifty day simple moving average is $65.90 and its 200-day simple moving average is $64.13. The stock has a market cap of $3.37 billion, a P/E ratio of 8.91 and a beta of 1.03.

Warrior Met Coal (NYSE:HCC) last released its earnings results on Wednesday, October 30th. The company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.40. Warrior Met Coal had a net margin of 23.77% and a return on equity of 19.00%. The firm had revenue of $327.72 million during the quarter, compared to analyst estimates of $322.21 million. During the same quarter in the previous year, the business earned $1.85 EPS. The business’s revenue was down 22.6% on a year-over-year basis. As a group, sell-side analysts forecast that Warrior Met Coal, Inc. will post 5.62 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Tuesday, November 5th were paid a $0.08 dividend. The ex-dividend date of this dividend was Tuesday, November 5th. This represents a $0.32 dividend on an annualized basis and a yield of 0.50%. Warrior Met Coal’s payout ratio is currently 4.42%.

Warrior Met Coal 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.