Victory Capital Management Inc. Has $1.89 Million Stock Holdings in Peabody Energy Co. (NYSE:BTU)

Victory Capital Management Inc. trimmed its position in Peabody Energy Co. (NYSE:BTU) by 46.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 90,368 shares of the coal producer’s stock after selling 77,009 shares during the quarter. Victory Capital Management Inc. owned about 0.07% of Peabody Energy worth $1,892,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. raised its holdings in Peabody Energy by 0.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,400,044 shares of the coal producer’s stock worth $29,317,000 after acquiring an additional 11,363 shares during the period. Steward Partners Investment Advisory LLC increased its stake in shares of Peabody Energy by 144.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,951 shares of the coal producer’s stock worth $83,000 after purchasing an additional 2,333 shares during the period. Smartleaf Asset Management LLC lifted its position in shares of Peabody Energy by 167.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,189 shares of the coal producer’s stock worth $25,000 after purchasing an additional 744 shares during the last quarter. US Bancorp DE boosted its stake in Peabody Energy by 120.2% during the 4th quarter. US Bancorp DE now owns 4,289 shares of the coal producer’s stock valued at $90,000 after purchasing an additional 2,341 shares during the period. Finally, Denali Advisors LLC grew its holdings in Peabody Energy by 2.3% in the 4th quarter. Denali Advisors LLC now owns 151,111 shares of the coal producer’s stock valued at $3,164,000 after buying an additional 3,329 shares during the last quarter. 87.44% of the stock is owned by institutional investors.

Peabody Energy Stock Performance

BTU opened at $13.33 on Tuesday. The stock’s 50 day simple moving average is $16.38 and its 200-day simple moving average is $21.34. The company has a current ratio of 2.15, a quick ratio of 1.68 and a debt-to-equity ratio of 0.27. The stock has a market cap of $1.62 billion, a PE ratio of 4.94 and a beta of 0.94. Peabody Energy Co. has a 1 year low of $12.15 and a 1 year high of $29.94.

Peabody Energy (NYSE:BTU) last posted its quarterly earnings results on Thursday, February 6th. The coal producer reported $0.28 earnings per share 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%. Sell-side analysts forecast that Peabody Energy Co. will post 2.61 EPS for the current year.

Peabody Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Wednesday, February 19th were given a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend was Wednesday, February 19th. Peabody Energy’s dividend payout ratio (DPR) is presently 11.11%.

Analysts Set New Price Targets

BTU has been the subject of a number of research analyst reports. Jefferies Financial Group cut 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. Benchmark reduced their price target on shares of Peabody Energy from $30.00 to $26.00 and set a “buy” rating for the company in a report on Friday, February 7th. Finally, BMO Capital Markets upgraded shares of Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 price objective on the stock in a report on Monday, December 16th.

About Peabody Energy

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.