3,194 Shares in Warrior Met Coal, Inc. (NYSE:HCC) Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. acquired a new stake in Warrior Met Coal, Inc. (NYSE:HCC) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 3,194 shares of the company’s stock, valued at approximately $204,000.

Other institutional investors have also modified their holdings of the company. Wulff Hansen & CO. raised its stake in Warrior Met Coal by 6,177.0% in the second quarter. Wulff Hansen & CO. now owns 331,551 shares of the company’s stock valued at $20,811,000 after buying an additional 326,269 shares in the last quarter. Hosking Partners LLP lifted its stake in Warrior Met Coal by 68.9% during the second quarter. Hosking Partners LLP now owns 482,147 shares of the company’s stock worth $30,264,000 after purchasing an additional 196,601 shares during the last quarter. River Road Asset Management LLC lifted its stake in Warrior Met Coal by 22.9% during the third quarter. River Road Asset Management LLC now owns 870,357 shares of the company’s stock worth $55,616,000 after purchasing an additional 162,387 shares during the last quarter. Clearbridge Investments LLC acquired a new position in Warrior Met Coal in the first quarter valued at approximately $9,234,000. Finally, Merewether Investment Management LP purchased a new position in Warrior Met Coal in the second quarter valued at approximately $9,190,000. 92.28% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

HCC has been the topic of a number of recent analyst reports. Benchmark reaffirmed a “hold” rating on shares of Warrior Met Coal in a research report on Monday, August 5th. B. Riley raised their price target on Warrior Met Coal from $89.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $75.75.

Warrior Met Coal Stock Performance

NYSE HCC opened at $66.99 on Tuesday. The business’s 50-day moving average price is $62.20 and its 200 day moving average price is $63.73. The company has a quick ratio of 4.67, a current ratio of 5.81 and a debt-to-equity ratio of 0.09. The firm has a market cap of $3.50 billion, a P/E ratio of 9.25 and a beta of 1.02. Warrior Met Coal, Inc. has a 52-week low of $50.60 and a 52-week high of $75.53.

Warrior Met Coal (NYSE:HCC) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.40 by $0.40. Warrior Met Coal had a return on equity of 19.00% and a net margin of 23.77%. The business had revenue of $327.72 million during the quarter, compared to analysts’ expectations of $322.21 million. During the same quarter in the prior year, the business earned $1.85 earnings per share. The company’s quarterly revenue was down 22.6% compared to the same quarter last year. On average, equities research analysts expect that Warrior Met Coal, Inc. will post 5.62 earnings per share for the current year.

Warrior Met Coal Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Tuesday, November 5th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, November 5th. This represents a $0.32 annualized dividend and a yield of 0.48%. Warrior Met Coal’s dividend payout ratio is currently 4.42%.

About Warrior Met Coal

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.