Yousif Capital Management LLC Decreases Position in Peabody Energy Co. (NYSE:BTU)

Yousif Capital Management LLC cut its stake in Peabody Energy Co. (NYSE:BTUFree Report) by 2.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,381 shares of the coal producer’s stock after selling 1,430 shares during the quarter. Yousif Capital Management LLC’s holdings in Peabody Energy were worth $1,013,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BTU. FMR LLC raised its holdings in Peabody Energy by 9.7% in the 3rd quarter. FMR LLC now owns 6,897 shares of the coal producer’s stock valued at $183,000 after acquiring an additional 611 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in Peabody Energy by 3.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 24,556 shares of the coal producer’s stock valued at $514,000 after purchasing an additional 885 shares during the last quarter. Larson Financial Group LLC increased its holdings in Peabody Energy by 43.0% in the 3rd quarter. Larson Financial Group LLC now owns 3,350 shares of the coal producer’s stock valued at $89,000 after purchasing an additional 1,008 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in Peabody Energy by 69.7% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,802 shares of the coal producer’s stock valued at $74,000 after buying an additional 1,151 shares during the period. Finally, SG Americas Securities LLC boosted its position in Peabody Energy by 7.5% in the 4th quarter. SG Americas Securities LLC now owns 16,514 shares of the coal producer’s stock valued at $346,000 after buying an additional 1,151 shares during the period. 87.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on BTU shares. BMO Capital Markets upgraded shares of Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 price target on the stock in a research note on Monday, December 16th. Jefferies Financial Group dropped their price target on shares of Peabody Energy from $30.00 to $26.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. Finally, Benchmark dropped their price target on shares of Peabody Energy from $30.00 to $26.00 and set a “buy” rating on the stock in a research note on Friday, February 7th.

Read Our Latest Stock Report on Peabody Energy

Peabody Energy Stock Down 5.2 %

BTU stock opened at $16.22 on Friday. The company has a market cap of $1.97 billion, a P/E ratio of 6.01 and a beta of 0.95. Peabody Energy Co. has a 52 week low of $15.79 and a 52 week high of $29.94. The company’s 50-day moving average price is $19.50 and its 200 day moving average price is $22.66. The company has a current ratio of 2.15, a quick ratio of 1.75 and a debt-to-equity ratio of 0.27.

Peabody Energy (NYSE:BTUGet Free Report) last released its quarterly earnings data on Thursday, February 6th. The coal producer reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.25). Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%. On average, research analysts expect that Peabody Energy Co. will post 2.34 earnings per share for the current fiscal year.

Peabody Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 11th. Shareholders of record on Wednesday, February 19th will be issued a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 1.85%. The ex-dividend date of this dividend is Wednesday, February 19th. Peabody Energy’s dividend payout ratio (DPR) is presently 11.11%.

Peabody Energy Profile

(Free Report)

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.

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Institutional Ownership by Quarter for Peabody Energy (NYSE:BTU)

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