O Keefe Stevens Advisory Inc. Raises Stake in Warrior Met Coal, Inc. (NYSE:HCC)

O Keefe Stevens Advisory Inc. lifted its position in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 0.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 265,577 shares of the company’s stock after acquiring an additional 1,980 shares during the period. Warrior Met Coal makes up approximately 5.1% of O Keefe Stevens Advisory Inc.’s portfolio, making the stock its 3rd largest position. O Keefe Stevens Advisory Inc. owned approximately 0.51% of Warrior Met Coal worth $16,970,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its position in Warrior Met Coal by 38.6% in the 2nd quarter. GAMMA Investing LLC now owns 517 shares of the company’s stock worth $32,000 after buying an additional 144 shares during the last quarter. EntryPoint Capital LLC purchased a new position in shares of Warrior Met Coal during the first quarter valued at approximately $54,000. Ausbil Investment Management Ltd bought a new position in Warrior Met Coal during the second quarter valued at approximately $82,000. Allspring Global Investments Holdings LLC purchased a new stake in Warrior Met Coal in the first quarter worth approximately $104,000. Finally, Meeder Asset Management Inc. bought a new stake in Warrior Met Coal in the 1st quarter worth approximately $104,000. 92.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Benchmark reissued a “hold” rating on shares of Warrior Met Coal in a report on Monday, August 5th. B. Riley lowered their target price on Warrior Met Coal from $92.00 to $90.00 and set a “buy” rating on the stock in a report on Friday, September 6th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Warrior Met Coal currently has a consensus rating of “Hold” and an average target price of $75.75.

Warrior Met Coal Stock Down 4.1 %

Shares of HCC stock opened at $61.70 on Wednesday. The company has a current ratio of 6.37, a quick ratio of 5.37 and a debt-to-equity ratio of 0.09. Warrior Met Coal, Inc. has a 12 month low of $44.76 and a 12 month high of $75.53. The stock has a market cap of $3.23 billion, a P/E ratio of 7.42 and a beta of 1.02. The company has a 50 day simple moving average of $58.98 and a two-hundred day simple moving average of $63.41.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings data on Thursday, August 1st. The company reported $1.35 EPS for the quarter, topping the consensus estimate of $1.32 by $0.03. The firm had revenue of $396.52 million during the quarter, compared to analyst estimates of $387.91 million. Warrior Met Coal had a return on equity of 22.71% and a net margin of 25.01%. Warrior Met Coal’s revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.63 EPS. On average, research analysts expect that Warrior Met Coal, Inc. will post 5.55 earnings per share for the current year.

Warrior Met Coal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 13th. Stockholders of record on Tuesday, August 6th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend was Tuesday, August 6th. Warrior Met Coal’s dividend payout ratio (DPR) is currently 3.85%.

Warrior Met Coal Profile

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.