Yousif Capital Management LLC Sells 427 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

Yousif Capital Management LLC trimmed its holdings in Warrior Met Coal, Inc. (NYSE:HCC) by 2.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,315 shares of the company’s stock after selling 427 shares during the quarter. Yousif Capital Management LLC’s holdings in Warrior Met Coal were worth $1,048,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of HCC. State Street Corp increased its stake in Warrior Met Coal by 4.9% during the 3rd quarter. State Street Corp now owns 3,404,237 shares of the company’s stock valued at $217,531,000 after purchasing an additional 158,722 shares in the last quarter. FMR LLC increased its stake in Warrior Met Coal by 8.6% during the 3rd quarter. FMR LLC now owns 3,210,531 shares of the company’s stock valued at $205,153,000 after purchasing an additional 254,540 shares in the last quarter. Maple Rock Capital Partners Inc. increased its stake in Warrior Met Coal by 193.9% during the 3rd quarter. Maple Rock Capital Partners Inc. now owns 1,460,992 shares of the company’s stock valued at $93,357,000 after purchasing an additional 963,892 shares in the last quarter. Geode Capital Management LLC increased its stake in Warrior Met Coal by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 1,208,405 shares of the company’s stock valued at $77,232,000 after purchasing an additional 13,650 shares in the last quarter. Finally, River Road Asset Management LLC increased its stake in Warrior Met Coal by 22.9% during the 3rd quarter. River Road Asset Management LLC now owns 870,357 shares of the company’s stock valued at $55,616,000 after purchasing an additional 162,387 shares in the last quarter. 92.28% of the stock is owned by hedge funds and other institutional investors.

Warrior Met Coal Stock Performance

Shares of HCC stock opened at $49.69 on Friday. The company has a 50 day moving average price of $55.04 and a 200-day moving average price of $59.87. Warrior Met Coal, Inc. has a 52 week low of $49.33 and a 52 week high of $75.53. The firm has a market capitalization of $2.60 billion, a PE ratio of 6.86 and a beta of 1.07. The company has a quick ratio of 4.67, a current ratio of 5.81 and a debt-to-equity ratio of 0.09.

Warrior Met Coal (NYSE:HCC) last announced its earnings results on Thursday, February 13th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.34). Warrior Met Coal had a net margin of 23.77% and a return on equity of 19.00%. As a group, equities research analysts expect that Warrior Met Coal, Inc. will post 5.3 earnings per share for the current year.

Warrior Met Coal Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 24th will be given a dividend of $0.08 per share. The ex-dividend date is Monday, February 24th. This represents a $0.32 annualized dividend and a yield of 0.64%. Warrior Met Coal’s dividend payout ratio (DPR) is 6.68%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on HCC shares. Jefferies Financial Group reduced their price objective on shares of Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company in a research note on Monday, January 6th. B. Riley raised their price objective on shares of Warrior Met Coal from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Finally, Benchmark restated a “hold” rating on shares of Warrior Met Coal in a research note on Friday. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $75.00.

Warrior Met Coal Company 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.