Charles Schwab Investment Management Inc. Sells 20,904 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

Charles Schwab Investment Management Inc. lessened its holdings in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 2.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 902,276 shares of the company’s stock after selling 20,904 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.72% of Warrior Met Coal worth $48,939,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC raised its stake in Warrior Met Coal by 304.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company’s stock valued at $75,000 after purchasing an additional 1,040 shares during the period. Hosking Partners LLP raised its stake in Warrior Met Coal by 9.6% during the 4th quarter. Hosking Partners LLP now owns 524,833 shares of the company’s stock valued at $28,467,000 after purchasing an additional 45,868 shares during the period. Proficio Capital Partners LLC bought a new stake in Warrior Met Coal during the 4th quarter valued at approximately $677,000. Y Intercept Hong Kong Ltd purchased a new position in Warrior Met Coal during the 4th quarter valued at approximately $1,300,000. Finally, Allianz Asset Management GmbH grew its holdings 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 buying an additional 126,911 shares in the last quarter. Institutional investors own 92.28% of the company’s stock.

Analyst Upgrades and Downgrades

HCC has been the subject of several research analyst reports. B. Riley cut their price target on Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating for the company in a report on Tuesday, February 18th. Benchmark restated a “hold” rating on shares of Warrior Met Coal in a report on Friday, February 14th. Finally, Jefferies Financial Group cut their price target on Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company in a report on Monday, January 6th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $74.00.

Warrior Met Coal Price Performance

Shares of Warrior Met Coal stock opened at $48.48 on Friday. The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 10.12 and a beta of 1.10. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20. The stock has a 50 day moving average price of $51.84 and a 200-day moving average price of $58.34. Warrior Met Coal, Inc. has a one year low of $44.62 and a one year high of $75.53.

Warrior Met Coal (NYSE:HCC) last announced 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 business had revenue of $297.47 million during the quarter, compared to the consensus estimate of $331.70 million. Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. Equities analysts expect that Warrior Met Coal, Inc. will post 4.86 EPS for the current year.

Warrior Met Coal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 24th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.66%. The ex-dividend date was Monday, February 24th. Warrior Met Coal’s dividend payout ratio (DPR) is presently 6.68%.

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.