Barclays PLC Boosts Holdings in Hallador Energy (NASDAQ:HNRG)

Barclays PLC lifted its stake in shares of Hallador Energy (NASDAQ:HNRG) by 272.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,131 shares of the energy company’s stock after purchasing an additional 24,247 shares during the period. Barclays PLC owned about 0.08% of Hallador Energy worth $312,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of HNRG. American Century Companies Inc. increased its stake in Hallador Energy by 7.6% during the 2nd quarter. American Century Companies Inc. now owns 555,879 shares of the energy company’s stock worth $4,319,000 after buying an additional 39,032 shares in the last quarter. State Street Corp increased 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. Empyrean Capital Partners LP acquired a new position in Hallador Energy in the 2nd quarter valued at $3,885,000. Taconic Capital Advisors LP purchased a new position in Hallador Energy in the 3rd quarter valued at $4,147,000. Finally, B. Riley Wealth Advisors Inc. grew its holdings in shares of Hallador Energy by 3,171.7% during the second quarter. B. Riley Wealth Advisors Inc. now owns 376,250 shares of the energy company’s stock worth $2,923,000 after buying an additional 364,750 shares in the last quarter. Institutional investors and hedge funds own 61.38% of the company’s stock.

Insider Buying and Selling at Hallador Energy

In other Hallador Energy news, Director David C. Hardie sold 18,775 shares of Hallador Energy stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $13.02, for a total transaction of $244,450.50. Following the completion of the sale, the director now directly owns 2,022,713 shares in the company, valued at $26,335,723.26. This trade represents a 0.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 104,524 shares of company stock worth $1,356,743 over the last quarter. 32.30% of the stock is currently owned by company insiders.

Hallador Energy Price Performance

Hallador Energy stock opened at $11.74 on Friday. The company has a current ratio of 0.58, a quick ratio of 0.17 and a debt-to-equity ratio of 0.16. The stock has a market cap of $500.32 million, a P/E ratio of -21.35 and a beta of 0.71. The company has a 50-day moving average price of $11.67 and a 200 day moving average price of $9.09. Hallador Energy has a 12-month low of $4.33 and a 12-month high of $14.00.

Hallador Energy (NASDAQ:HNRG) last released its quarterly earnings results on Tuesday, November 12th. The energy company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.10) by $0.14. The firm had revenue of $105.04 million for the quarter, compared to analyst estimates 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 quarter in the previous year, the company earned $0.47 EPS. Sell-side analysts anticipate that Hallador Energy will post -0.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HNRG. Alliance Global Partners initiated coverage on shares of Hallador Energy in a research note on Monday, December 9th. They issued a “buy” rating and a $17.00 price target on the stock. B. Riley raised their target price on shares of Hallador Energy from $9.00 to $13.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th.

Hallador Energy Company 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.