GAMMA Investing LLC Acquires 358 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

GAMMA Investing LLC increased its position in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 56.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 989 shares of the company’s stock after buying an additional 358 shares during the period. GAMMA Investing LLC’s holdings in Warrior Met Coal were worth $54,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Blue Trust Inc. boosted its holdings in shares of Warrior Met Coal by 48.5% during the 3rd quarter. Blue Trust Inc. now owns 551 shares of the company’s stock worth $35,000 after buying an additional 180 shares during the period. KBC Group NV boosted its holdings in shares of Warrior Met Coal by 29.7% during the 3rd quarter. KBC Group NV now owns 1,711 shares of the company’s stock worth $109,000 after buying an additional 392 shares during the period. Mackenzie Financial Corp bought a new stake in Warrior Met Coal in the 2nd quarter valued at $203,000. Crossmark Global Holdings Inc. bought a new stake in Warrior Met Coal in the 3rd quarter valued at $204,000. Finally, Choreo LLC bought a new stake in Warrior Met Coal in the 2nd quarter valued at $207,000. 92.28% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on HCC shares. Jefferies Financial Group reduced their price target on shares of Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company in a report on Monday, January 6th. B. Riley increased their price target on shares of Warrior Met Coal from $89.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $73.60.

Warrior Met Coal Trading Down 3.6 %

Shares of HCC stock opened at $50.55 on Monday. Warrior Met Coal, Inc. has a 52-week low of $50.40 and a 52-week high of $75.53. The stock has a market cap of $2.64 billion, a price-to-earnings ratio of 6.98 and a beta of 1.09. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.67 and a current ratio of 5.81. The firm has a fifty day moving average of $62.75 and a 200-day moving average of $62.50.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.40. Warrior Met Coal had a net margin of 23.77% and a return on equity of 19.00%. The company 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 company posted $1.85 EPS. The business’s revenue was down 22.6% on a year-over-year basis. On average, equities research analysts forecast that Warrior Met Coal, Inc. will post 5.62 earnings per share for the current fiscal year.

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.