Smartleaf Asset Management LLC Purchases 1,040 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

Smartleaf Asset Management LLC increased its position in Warrior Met Coal, Inc. (NYSE:HCC) by 304.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,382 shares of the company’s stock after purchasing an additional 1,040 shares during the period. Smartleaf Asset Management LLC’s holdings in Warrior Met Coal were worth $75,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of HCC. Hosking Partners LLP lifted its stake in shares of Warrior Met Coal by 9.6% in the fourth quarter. Hosking Partners LLP now owns 524,833 shares of the company’s stock valued at $28,467,000 after buying an additional 45,868 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Warrior Met Coal in the 4th quarter worth about $677,000. Y Intercept Hong Kong Ltd bought a new position in Warrior Met Coal in the 4th quarter valued at about $1,300,000. Allianz Asset Management GmbH boosted its stake in Warrior Met Coal by 10.1% during the 4th quarter. Allianz Asset Management GmbH now owns 1,378,645 shares of the company’s stock valued at $74,778,000 after purchasing an additional 126,911 shares during the last quarter. Finally, Wolverine Asset Management LLC increased its holdings in Warrior Met Coal by 264.4% during the 4th quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company’s stock worth $94,000 after purchasing an additional 2,800 shares in the last quarter. Institutional investors and hedge funds own 92.28% of the company’s stock.

Warrior Met Coal Price Performance

Shares of NYSE HCC opened at $46.79 on Monday. The company has a market capitalization of $2.46 billion, a PE ratio of 9.77 and a beta of 1.10. The company has a quick ratio of 3.99, a current ratio of 5.20 and a debt-to-equity ratio of 0.09. The stock’s 50 day moving average price is $52.22 and its 200-day moving average price is $58.55. Warrior Met Coal, Inc. has a twelve month low of $45.94 and a twelve month high of $75.53.

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

Warrior Met Coal Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were given a dividend of $0.08 per share. The ex-dividend date was Monday, February 24th. This represents a $0.32 annualized dividend and a yield of 0.68%. Warrior Met Coal’s payout ratio is currently 6.68%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on HCC. Jefferies Financial Group dropped their target price 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 dropped their price objective on Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating on the stock in a research note on Tuesday, February 18th. Finally, Benchmark reaffirmed a “hold” rating on shares of Warrior Met Coal in a report on Friday, February 14th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $74.00.

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.