US Bancorp DE Purchases 2,341 Shares of Peabody Energy Co. (NYSE:BTU)

US Bancorp DE raised its position in Peabody Energy Co. (NYSE:BTU) by 120.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,289 shares of the coal producer’s stock after purchasing an additional 2,341 shares during the quarter. US Bancorp DE’s holdings in Peabody Energy were worth $90,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Byrne Asset Management LLC raised its holdings in shares of Peabody Energy by 63.3% in the fourth quarter. Byrne Asset Management LLC now owns 1,755 shares of the coal producer’s stock worth $37,000 after buying an additional 680 shares during the period. Larson Financial Group LLC grew its position 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 valued at $89,000 after acquiring an additional 1,008 shares during the last quarter. KBC Group NV increased its stake in Peabody Energy by 37.0% in the fourth quarter. KBC Group NV now owns 4,762 shares of the coal producer’s stock worth $100,000 after purchasing an additional 1,286 shares during the period. Blue Trust Inc. lifted its position in shares of Peabody Energy by 94.5% during the fourth quarter. Blue Trust Inc. now owns 5,361 shares of the coal producer’s stock worth $112,000 after purchasing an additional 2,605 shares during the last quarter. Finally, FMR LLC boosted its stake in shares of 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 during the period. Institutional investors own 87.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Benchmark reduced their price target on shares of Peabody Energy from $30.00 to $26.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. 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 report on Monday, December 16th. Finally, Jefferies Financial Group lowered their price target on Peabody Energy from $30.00 to $26.00 and set a “buy” rating for the company in a report on Monday, January 6th.

Peabody Energy Trading Down 0.1 %

NYSE:BTU opened at $13.33 on Tuesday. The firm has a 50-day simple moving average of $16.38 and a 200-day simple moving average of $21.34. Peabody Energy Co. has a one year low of $12.15 and a one year high of $29.94. The firm has a market cap of $1.62 billion, a P/E ratio of 4.94 and a beta of 0.94. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.68 and a current ratio of 2.15.

Peabody Energy (NYSE:BTU) last issued its quarterly earnings data on Thursday, February 6th. The coal producer reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.25). Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%. Equities analysts anticipate that Peabody Energy Co. will post 2.61 EPS for the current fiscal year.

Peabody Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Wednesday, February 19th were given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date was Wednesday, February 19th. Peabody Energy’s payout ratio is currently 11.11%.

Peabody Energy Company 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.