SG Americas Securities LLC Acquires 1,151 Shares of Peabody Energy Co. (NYSE:BTU)

SG Americas Securities LLC raised its holdings in shares of Peabody Energy Co. (NYSE:BTU) by 7.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,514 shares of the coal producer’s stock after acquiring an additional 1,151 shares during the quarter. SG Americas Securities LLC’s holdings in Peabody Energy were worth $346,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of BTU. FMR LLC lifted its holdings in Peabody Energy by 9.7% during the third quarter. FMR LLC now owns 6,897 shares of the coal producer’s stock valued at $183,000 after purchasing an additional 611 shares in the last quarter. Mackenzie Financial Corp grew its position in shares of Peabody Energy by 7.6% during the second quarter. Mackenzie Financial Corp now owns 10,023 shares of the coal producer’s stock worth $222,000 after purchasing an additional 709 shares in the last quarter. Larson Financial Group LLC lifted its holdings in Peabody Energy by 43.0% in the 3rd quarter. Larson Financial Group LLC now owns 3,350 shares of the coal producer’s stock worth $89,000 after purchasing an additional 1,008 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in Peabody Energy by 69.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,802 shares of the coal producer’s stock valued at $74,000 after buying an additional 1,151 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Peabody Energy by 0.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 145,613 shares of the coal producer’s stock valued at $3,865,000 after acquiring an additional 1,242 shares in the last quarter. Institutional investors own 87.44% of the company’s stock.

Peabody Energy Price Performance

Shares of NYSE BTU opened at $17.51 on Tuesday. The firm has a fifty day moving average of $20.73 and a 200 day moving average of $23.00. Peabody Energy Co. has a one year low of $17.49 and a one year high of $29.94. The firm has a market cap of $2.13 billion, a PE ratio of 4.63 and a beta of 0.95. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.75 and a current ratio of 2.32.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on BTU shares. BMO Capital Markets raised shares of Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 target price on the stock in a research note on Monday, December 16th. Benchmark upped their price target on shares of Peabody Energy from $28.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Finally, Jefferies Financial Group dropped their price objective on Peabody Energy from $30.00 to $26.00 and set a “buy” rating on the stock in a research report on Monday, January 6th.

Insider Buying and Selling

In related news, CFO Mark Spurbeck sold 10,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $29.52, for a total value of $295,200.00. Following the completion of the sale, the chief financial officer now owns 65,710 shares of the company’s stock, valued at approximately $1,939,759.20. This represents a 13.21 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.40% of the stock is currently owned by insiders.

Peabody Energy Profile

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.