GSA Capital Partners LLP Acquires 35,639 Shares of Peabody Energy Co. (NYSE:BTU)

GSA Capital Partners LLP raised its position in Peabody Energy Co. (NYSE:BTUGet Rating) by 37.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 131,380 shares of the coal producer’s stock after buying an additional 35,639 shares during the quarter. GSA Capital Partners LLP’s holdings in Peabody Energy were worth $1,323,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Larson Financial Group LLC raised its stake in shares of Peabody Energy by 69.7% in the 4th quarter. Larson Financial Group LLC now owns 3,564 shares of the coal producer’s stock valued at $36,000 after purchasing an additional 1,464 shares during the period. Captrust Financial Advisors grew its holdings in Peabody Energy by 399.5% during the third quarter. Captrust Financial Advisors now owns 4,406 shares of the coal producer’s stock worth $65,000 after purchasing an additional 3,524 shares during the period. RiverTree Advisors LLC bought a new position in Peabody Energy during the fourth quarter worth about $101,000. Strs Ohio boosted its holdings in shares of Peabody Energy by 31.8% during the fourth quarter. Strs Ohio now owns 11,200 shares of the coal producer’s stock worth $112,000 after acquiring an additional 2,700 shares during the period. Finally, Sassicaia Capital Advisers LLC bought a new stake in shares of Peabody Energy during the third quarter worth approximately $170,000. Institutional investors and hedge funds own 69.62% of the company’s stock.

Several brokerages have commented on BTU. TheStreet upgraded shares of Peabody Energy from a “d” rating to a “c” rating in a research report on Thursday, February 10th. B. Riley increased their price target on Peabody Energy from $32.00 to $34.00 in a research note on Monday, May 2nd. Jefferies Financial Group increased their target price on shares of Peabody Energy from $18.00 to $25.00 and gave the company a “hold” rating in a research report on Wednesday, March 9th. Zacks Investment Research downgraded shares of Peabody Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 3rd. Finally, Benchmark increased their price target on Peabody Energy from $19.00 to $29.00 in a report on Monday, May 2nd. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Peabody Energy currently has a consensus rating of “Buy” and a consensus price target of $25.75.

NYSE BTU traded down $0.17 during trading hours on Wednesday, hitting $24.29. The company had a trading volume of 164,002 shares, compared to its average volume of 9,308,005. Peabody Energy Co. has a 52 week low of $5.37 and a 52 week high of $33.29. The firm has a 50 day simple moving average of $24.73 and a 200 day simple moving average of $17.27. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.88 and a current ratio of 2.21. The firm has a market capitalization of $3.49 billion, a price-to-earnings ratio of 10.23 and a beta of 1.18.

Peabody Energy (NYSE:BTUGet Rating) last issued its quarterly earnings results on Thursday, April 28th. The coal producer reported ($0.88) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.16 by ($3.04). The business had revenue of $691.40 million for the quarter, compared to the consensus estimate of $1.11 billion. Peabody Energy had a net margin of 9.55% and a return on equity of 42.49%. The business’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.82) EPS. On average, research analysts forecast that Peabody Energy Co. will post 7.29 earnings per share for the current year.

In other news, insider Marc E. Hathhorn sold 18,335 shares of the business’s stock in a transaction that occurred on Tuesday, April 26th. The stock was sold at an average price of $25.26, for a total transaction of $463,142.10. Following the transaction, the insider now directly owns 61,943 shares of the company’s stock, valued at $1,564,680.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.09% of the stock is owned by insiders.

Peabody Energy Profile (Get Rating)

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Indonesia, China, Vietnam, South Korea, and internationally. The company operates through Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, and Other U.S.

See Also

Want to see what other hedge funds are holding BTU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Peabody Energy Co. (NYSE:BTUGet Rating).

Institutional Ownership by Quarter for Peabody Energy (NYSE:BTU)

Receive News & Ratings for Peabody Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Peabody Energy and related companies with MarketBeat.com's FREE daily email newsletter.