New York State Teachers Retirement System Trims Holdings in Warrior Met Coal, Inc. (NYSE:HCC)

New York State Teachers Retirement System cut its stake in Warrior Met Coal, Inc. (NYSE:HCC) by 10.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,796 shares of the company’s stock after selling 2,869 shares during the quarter. New York State Teachers Retirement System’s holdings in Warrior Met Coal were worth $1,399,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in HCC. Creative Planning lifted its stake in Warrior Met Coal by 1.7% during the third quarter. Creative Planning now owns 20,700 shares of the company’s stock worth $1,323,000 after purchasing an additional 338 shares during the last quarter. Blue Trust Inc. grew 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 acquiring an additional 180 shares during the period. Graham Capital Wealth Management LLC boosted its position in shares of Warrior Met Coal by 2.3% in the 3rd quarter. Graham Capital Wealth Management LLC now owns 47,545 shares of the company’s stock worth $3,038,000 after purchasing an additional 1,071 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of Warrior Met Coal by 14.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 6,071 shares of the company’s stock worth $388,000 after purchasing an additional 755 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of Warrior Met Coal by 2.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 67,981 shares of the company’s stock worth $4,344,000 after purchasing an additional 1,641 shares in the last quarter. Institutional investors own 92.28% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on HCC shares. Jefferies Financial Group lowered their price target on Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Monday, January 6th. B. Riley cut their price objective on Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating for the company in a research report on Tuesday, February 18th. Finally, Benchmark reissued a “hold” rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Warrior Met Coal currently has an average rating of “Moderate Buy” and a consensus target price of $74.00.

Warrior Met Coal Stock Down 4.0 %

HCC stock opened at $46.17 on Monday. The stock has a market capitalization of $2.43 billion, a P/E ratio of 9.64 and a beta of 1.07. The firm has a 50-day simple moving average of $53.59 and a 200-day simple moving average of $59.31. The company has a quick ratio of 3.99, a current ratio of 5.20 and a debt-to-equity ratio of 0.09. Warrior Met Coal, Inc. has a 52 week low of $45.94 and a 52 week high of $75.53.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.34). The company had revenue of $297.47 million during the quarter, compared to analyst estimates of $331.70 million. Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. Equities analysts forecast that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current fiscal year.

Warrior Met Coal Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 24th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date is Monday, February 24th. Warrior Met Coal’s payout ratio is currently 6.68%.

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.