Warrior Met Coal, Inc. (NYSE:HCC) Shares Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC boosted its stake in Warrior Met Coal, Inc. (NYSE:HCC) by 7.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,542 shares of the company’s stock after buying an additional 471 shares during the period. Nisa Investment Advisors LLC’s holdings in Warrior Met Coal were worth $355,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Blue Trust Inc. lifted its position in Warrior Met Coal by 48.5% in the 3rd quarter. Blue Trust Inc. now owns 551 shares of the company’s stock valued at $35,000 after purchasing an additional 180 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of Warrior Met Coal in the fourth quarter valued at approximately $43,000. GAMMA Investing LLC raised its holdings in shares of Warrior Met Coal by 56.7% during the fourth quarter. GAMMA Investing LLC now owns 989 shares of the company’s stock valued at $54,000 after buying an additional 358 shares during the last quarter. KBC Group NV boosted its position in shares of Warrior Met Coal by 29.7% during the third quarter. KBC Group NV now owns 1,711 shares of the company’s stock worth $109,000 after buying an additional 392 shares during the period. Finally, Mackenzie Financial Corp bought a new position in Warrior Met Coal in the 2nd quarter worth approximately $203,000. 92.28% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on HCC shares. B. Riley boosted their price target on Warrior Met Coal from $89.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Jefferies Financial Group cut their price objective on Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company in a report on Monday, January 6th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Warrior Met Coal has a consensus rating of “Moderate Buy” and an average price target of $75.00.

Warrior Met Coal Price Performance

NYSE HCC opened at $53.79 on Thursday. The company has a current ratio of 5.81, a quick ratio of 4.67 and a debt-to-equity ratio of 0.09. Warrior Met Coal, Inc. has a 1 year low of $49.97 and a 1 year high of $75.53. The company has a market cap of $2.81 billion, a PE ratio of 7.43 and a beta of 1.09. The stock’s 50-day moving average price is $58.99 and its two-hundred day moving average price is $61.20.

Warrior Met Coal (NYSE:HCC) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.80 earnings per share (EPS) for the quarter, beating 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 business had revenue of $327.72 million for the quarter, compared to analyst estimates of $322.21 million. During the same quarter in the previous year, the business earned $1.85 earnings per share. The firm’s revenue was down 22.6% compared to the same quarter last year. On average, analysts predict that Warrior Met Coal, Inc. will post 5.62 EPS for the current year.

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.