New York State Common Retirement Fund Has $284,000 Stake in Hallador Energy (NASDAQ:HNRG)

New York State Common Retirement Fund lowered its stake in Hallador Energy (NASDAQ:HNRG) by 9.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,788 shares of the energy company’s stock after selling 2,700 shares during the quarter. New York State Common Retirement Fund owned 0.06% of Hallador Energy worth $284,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Quantinno Capital Management LP acquired a new stake in Hallador Energy in the third quarter worth $96,000. Janus Henderson Group PLC bought a new position in shares of Hallador Energy during the 3rd quarter worth about $119,000. Bleakley Financial Group LLC acquired a new stake in shares of Hallador Energy in the 4th quarter valued at about $171,000. Aspiriant LLC bought a new stake in Hallador Energy in the 4th quarter valued at about $179,000. Finally, Oppenheimer Asset Management Inc. raised its stake in Hallador Energy by 108.7% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 22,556 shares of the energy company’s stock worth $213,000 after buying an additional 11,750 shares during the period. Institutional investors and hedge funds own 61.38% of the company’s stock.

Hallador Energy Trading Down 4.1 %

HNRG opened at $9.03 on Thursday. Hallador Energy has a fifty-two week low of $4.33 and a fifty-two week high of $14.00. The firm has a market capitalization of $384.83 million, a PE ratio of -16.42 and a beta of 0.66. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.58 and a quick ratio of 0.17. The company’s 50-day moving average is $11.24 and its 200 day moving average is $10.25.

Analyst Upgrades and Downgrades

HNRG has been the subject of a number of research reports. Alliance Global Partners assumed coverage on Hallador Energy in a research note on Monday, December 9th. They issued a “buy” rating and a $17.00 price objective for the company. B. Riley increased their target price on Hallador Energy from $9.00 to $13.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th.

Insiders Place Their Bets

In related news, Director David C. Hardie sold 2,553 shares of Hallador Energy stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $13.01, for a total transaction of $33,214.53. Following the transaction, the director now owns 2,041,488 shares of the company’s stock, valued at $26,559,758.88. The trade was a 0.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 32.30% of the company’s stock.

Hallador Energy 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.