Sei Investments Co. Has $2.16 Million Holdings in Alpha Metallurgical Resources, Inc. (NYSE:AMR)

Sei Investments Co. raised its stake in Alpha Metallurgical Resources, Inc. (NYSE:AMR) by 36.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,786 shares of the energy company’s stock after acquiring an additional 2,903 shares during the period. Sei Investments Co. owned about 0.08% of Alpha Metallurgical Resources worth $2,158,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of AMR. Swiss National Bank grew its holdings in shares of Alpha Metallurgical Resources by 0.5% in the 4th quarter. Swiss National Bank now owns 21,700 shares of the energy company’s stock worth $4,343,000 after purchasing an additional 100 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in Alpha Metallurgical Resources by 127.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 289 shares of the energy company’s stock worth $58,000 after buying an additional 162 shares during the last quarter. GAMMA Investing LLC grew its stake in Alpha Metallurgical Resources by 127.7% during the fourth quarter. GAMMA Investing LLC now owns 312 shares of the energy company’s stock worth $62,000 after buying an additional 175 shares during the last quarter. KBC Group NV increased its holdings in shares of Alpha Metallurgical Resources by 58.7% during the fourth quarter. KBC Group NV now owns 473 shares of the energy company’s stock worth $95,000 after buying an additional 175 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in shares of Alpha Metallurgical Resources by 7.3% during the fourth quarter. SG Americas Securities LLC now owns 2,751 shares of the energy company’s stock worth $551,000 after buying an additional 187 shares in the last quarter. 84.29% of the stock is currently owned by institutional investors.

Alpha Metallurgical Resources Price Performance

Shares of AMR opened at $107.88 on Friday. The business’s 50 day simple moving average is $150.41 and its 200-day simple moving average is $194.18. Alpha Metallurgical Resources, Inc. has a one year low of $104.23 and a one year high of $361.17. The company has a market capitalization of $1.41 billion, a P/E ratio of 3.96 and a beta of 1.08.

Alpha Metallurgical Resources (NYSE:AMR) last announced its earnings results on Friday, February 28th. The energy company reported ($0.16) EPS 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 business had revenue of $617.30 million for the quarter, compared to the consensus estimate of $658.20 million. During the same quarter in the previous year, the company posted $12.88 EPS. Alpha Metallurgical Resources’s revenue for the quarter was down 35.7% on a year-over-year basis. On average, sell-side analysts anticipate that Alpha Metallurgical Resources, Inc. will post 14.31 EPS for the current fiscal year.

About Alpha Metallurgical Resources

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.