Jane Street Group LLC Cuts Position in Hallador Energy (NASDAQ:HNRG)

Jane Street Group LLC reduced its position in shares of Hallador Energy (NASDAQ:HNRG) by 18.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 68,803 shares of the energy company’s stock after selling 15,882 shares during the period. Jane Street Group LLC owned about 0.16% of Hallador Energy worth $649,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of HNRG. Wolverine Trading LLC lifted its stake in Hallador Energy by 689.9% during the 3rd quarter. Wolverine Trading LLC now owns 35,823 shares of the energy company’s stock worth $347,000 after acquiring an additional 31,288 shares in the last quarter. State Street Corp lifted its position in shares of Hallador Energy by 1.5% during the third quarter. State Street Corp now owns 525,123 shares of the energy company’s stock worth $4,952,000 after purchasing an additional 7,764 shares in the last quarter. Stifel Financial Corp boosted its stake in shares of Hallador Energy by 959.7% in the third quarter. Stifel Financial Corp now owns 264,976 shares of the energy company’s stock valued at $2,499,000 after purchasing an additional 239,972 shares during the period. Quantinno Capital Management LP purchased a new position in shares of Hallador Energy in the third quarter valued at approximately $96,000. Finally, Janus Henderson Group PLC acquired a new position in shares of Hallador Energy in the third quarter valued at approximately $119,000. 61.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. B. Riley increased their target price on shares of Hallador Energy from $9.00 to $13.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Alliance Global Partners assumed coverage on Hallador Energy in a research note on Monday, December 9th. They issued a “buy” rating and a $17.00 price objective on the stock.

Hallador Energy Stock Up 0.4 %

Shares of NASDAQ:HNRG opened at $11.74 on Friday. Hallador Energy has a fifty-two week low of $4.33 and a fifty-two week high of $14.00. The firm’s 50 day moving average price is $11.67 and its 200 day moving average price is $9.09. The company has a quick ratio of 0.17, a current ratio of 0.58 and a debt-to-equity ratio of 0.16. The stock has a market cap of $500.32 million, a price-to-earnings ratio of -21.35 and a beta of 0.68.

Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings data on Tuesday, November 12th. The energy company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.14. The company had revenue of $105.04 million for the quarter, compared to the consensus estimate of $117.10 million. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. During the same period in the prior year, the firm posted $0.47 EPS. As a group, equities research analysts predict that Hallador Energy will post -0.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Hallador Energy

In related news, Director David C. Hardie sold 23,604 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $13.11, for a total value of $309,448.44. Following the completion of the transaction, the director now directly owns 2,106,819 shares of the company’s stock, valued at $27,620,397.09. This represents a 1.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold a total of 104,524 shares of company stock worth $1,356,743 over the last ninety days. Corporate insiders own 32.30% of the company’s stock.

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.