Barclays PLC Acquires 24,247 Shares of Hallador Energy (NASDAQ:HNRG)

Barclays PLC boosted its holdings in shares of Hallador Energy (NASDAQ:HNRG) by 272.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 33,131 shares of the energy company’s stock after acquiring an additional 24,247 shares during the quarter. Barclays PLC owned approximately 0.08% of Hallador Energy worth $312,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Exchange Traded Concepts LLC raised its position in Hallador Energy by 66.4% during the third quarter. Exchange Traded Concepts LLC now owns 10,357 shares of the energy company’s stock valued at $98,000 after acquiring an additional 4,132 shares in the last quarter. CWM LLC raised its position in Hallador Energy by 154.4% during the third quarter. CWM LLC now owns 8,227 shares of the energy company’s stock valued at $78,000 after acquiring an additional 4,993 shares in the last quarter. Rhumbline Advisers raised its position in Hallador Energy by 16.1% during the second quarter. Rhumbline Advisers now owns 37,757 shares of the energy company’s stock valued at $293,000 after acquiring an additional 5,241 shares in the last quarter. State Street Corp raised its position in Hallador Energy by 1.5% during the third quarter. State Street Corp now owns 525,123 shares of the energy company’s stock valued at $4,952,000 after acquiring an additional 7,764 shares in the last quarter. Finally, The Manufacturers Life Insurance Company bought a new position in Hallador Energy during the second quarter valued at approximately $78,000. Institutional investors own 61.38% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on HNRG. B. Riley increased their price target on Hallador Energy from $9.00 to $13.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Alliance Global Partners began coverage on Hallador Energy in a report on Monday, December 9th. They set a “buy” rating and a $17.00 price target on the stock.

Insider Transactions at Hallador Energy

In related news, Director David C. Hardie sold 2,553 shares of the firm’s stock in a transaction on Friday, December 6th. The stock was sold at an average price of $13.01, for a total value of $33,214.53. Following the completion of the transaction, the director now directly owns 2,041,488 shares of the company’s stock, valued at $26,559,758.88. This trade represents a 0.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Over the last quarter, insiders have sold 104,524 shares of company stock worth $1,356,743. Insiders own 32.30% of the company’s stock.

Hallador Energy Trading Down 0.2 %

Shares of Hallador Energy stock opened at $12.68 on Monday. The company’s fifty day simple moving average is $12.11 and its 200-day simple moving average is $9.44. The company has a market cap of $540.42 million, a price-to-earnings ratio of -23.05 and a beta of 0.71. The company has a current ratio of 0.58, a quick ratio of 0.17 and a debt-to-equity ratio of 0.16. Hallador Energy has a 1 year low of $4.33 and a 1 year high of $14.00.

Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings data on Tuesday, November 12th. The energy company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.14. The business had revenue of $105.04 million for the quarter, compared to the consensus estimate of $117.10 million. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. During the same quarter last year, the company posted $0.47 earnings per share. As a group, sell-side analysts expect that Hallador Energy will post -0.31 EPS for the current year.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.