Jones Financial Companies Lllp Purchases Shares of 408 Alpha Metallurgical Resources, Inc. (NYSE:AMR)

Jones Financial Companies Lllp purchased a new stake in Alpha Metallurgical Resources, Inc. (NYSE:AMRFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 408 shares of the energy company’s stock, valued at approximately $82,000.

Other institutional investors also recently modified their holdings of the company. FNY Investment Advisers LLC acquired a new position in shares of Alpha Metallurgical Resources during the 4th quarter worth about $50,000. GAMMA Investing LLC increased its stake in shares of Alpha Metallurgical Resources by 127.7% during the 4th quarter. GAMMA Investing LLC now owns 312 shares of the energy company’s stock worth $62,000 after purchasing an additional 175 shares during the last quarter. KBC Group NV increased its stake in shares of Alpha Metallurgical Resources by 58.7% during the 4th quarter. KBC Group NV now owns 473 shares of the energy company’s stock worth $95,000 after purchasing an additional 175 shares during the last quarter. Quest Partners LLC acquired a new position in shares of Alpha Metallurgical Resources during the 3rd quarter worth about $116,000. Finally, Point72 DIFC Ltd acquired a new position in shares of Alpha Metallurgical Resources during the 3rd quarter worth about $128,000. 84.29% of the stock is currently owned by institutional investors and hedge funds.

Alpha Metallurgical Resources Price Performance

Alpha Metallurgical Resources stock opened at $131.33 on Monday. The firm has a market capitalization of $1.71 billion, a PE ratio of 4.82 and a beta of 1.50. The company’s 50-day moving average is $170.06 and its 200-day moving average is $203.07. Alpha Metallurgical Resources, Inc. has a fifty-two week low of $125.81 and a fifty-two week high of $361.17.

Alpha Metallurgical Resources (NYSE:AMRGet Free Report) last released its quarterly earnings data on Friday, February 28th. The energy company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.09). Alpha Metallurgical Resources had a return on equity of 22.65% and a net margin of 11.08%. The firm had revenue of $617.30 million for the quarter, compared to analyst estimates of $658.20 million. During the same quarter in the prior year, the firm earned $12.88 earnings per share. The firm’s revenue for the quarter was down 35.7% on a year-over-year basis. As a group, analysts expect that Alpha Metallurgical Resources, Inc. will post 14.31 EPS for the current year.

About Alpha Metallurgical Resources

(Free Report)

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.

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Institutional Ownership by Quarter for Alpha Metallurgical Resources (NYSE:AMR)

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