Warrior Met Coal, Inc. (NYSE:HCC) Stock Position Decreased by Rhumbline Advisers

Rhumbline Advisers reduced its stake in Warrior Met Coal, Inc. (NYSE:HCC) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 154,794 shares of the company’s stock after selling 357 shares during the period. Rhumbline Advisers owned 0.30% of Warrior Met Coal worth $8,396,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HCC. Creative Planning lifted its holdings in shares of Warrior Met Coal by 1.7% in the 3rd quarter. Creative Planning now owns 20,700 shares of the company’s stock worth $1,323,000 after purchasing an additional 338 shares during the last quarter. Blue Trust Inc. lifted its stake in Warrior Met Coal by 48.5% in the third quarter. Blue Trust Inc. now owns 551 shares of the company’s stock valued at $35,000 after buying an additional 180 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in Warrior Met Coal by 14.2% in the third quarter. Nisa Investment Advisors LLC now owns 6,071 shares of the company’s stock valued at $388,000 after buying an additional 755 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Warrior Met Coal by 2.5% during the third quarter. Janney Montgomery Scott LLC now owns 67,981 shares of the company’s stock valued at $4,344,000 after acquiring an additional 1,641 shares during the period. Finally, Van ECK Associates Corp grew its position in shares of Warrior Met Coal by 3.8% during the third quarter. Van ECK Associates Corp now owns 124,359 shares of the company’s stock worth $7,313,000 after acquiring an additional 4,574 shares during the last quarter. 92.28% of the stock is currently owned by institutional investors and hedge funds.

Warrior Met Coal Stock Performance

Shares of HCC opened at $49.85 on Tuesday. The firm has a market capitalization of $2.62 billion, a PE ratio of 10.41 and a beta of 1.07. The company has a quick ratio of 3.99, a current ratio of 5.20 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average price of $53.39 and a 200 day moving average price of $59.23. Warrior Met Coal, Inc. has a 52-week low of $45.94 and a 52-week high of $75.53.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.34). Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. The company had revenue of $297.47 million during the quarter, compared to the consensus estimate of $331.70 million. On average, sell-side analysts anticipate that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current fiscal year.

Warrior Met Coal Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 24th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.64%. The ex-dividend date is Monday, February 24th. Warrior Met Coal’s dividend payout ratio (DPR) is presently 6.68%.

Analysts Set New Price Targets

HCC has been the topic of several recent research reports. Benchmark reiterated a “hold” rating on shares of Warrior Met Coal in a research report on Friday, February 14th. Jefferies Financial Group cut their price target on Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Finally, B. Riley decreased their price objective on Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating for the company in a report on Tuesday, February 18th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $74.00.

About Warrior Met Coal

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.