Warrior Met Coal, Inc. (NYSE:HCC) Shares Bought by O Keefe Stevens Advisory Inc.

O Keefe Stevens Advisory Inc. grew its holdings in Warrior Met Coal, Inc. (NYSE:HCCFree Report) by 0.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 262,711 shares of the company’s stock after purchasing an additional 1,213 shares during the period. Warrior Met Coal makes up 5.2% of O Keefe Stevens Advisory Inc.’s investment portfolio, making the stock its 3rd largest position. O Keefe Stevens Advisory Inc. owned 0.50% of Warrior Met Coal worth $15,947,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of HCC. KGH Ltd boosted its position in shares of Warrior Met Coal by 11.2% during the third quarter. KGH Ltd now owns 2,590,000 shares of the company’s stock worth $132,297,000 after buying an additional 260,091 shares during the period. FMR LLC boosted its holdings in Warrior Met Coal by 1.0% during the 3rd quarter. FMR LLC now owns 2,325,535 shares of the company’s stock valued at $118,788,000 after acquiring an additional 22,730 shares during the period. American Century Companies Inc. lifted its position in shares of Warrior Met Coal by 10.7% during the third quarter. American Century Companies Inc. now owns 961,388 shares of the company’s stock worth $49,108,000 after purchasing an additional 92,941 shares in the last quarter. Allianz Asset Management GmbH lifted its position in shares of Warrior Met Coal by 9.7% during the fourth quarter. Allianz Asset Management GmbH now owns 729,620 shares of the company’s stock worth $44,485,000 after purchasing an additional 64,672 shares in the last quarter. Finally, Assenagon Asset Management S.A. purchased a new position in shares of Warrior Met Coal in the fourth quarter valued at approximately $44,388,000. 92.28% of the stock is currently owned by hedge funds and other institutional investors.

Warrior Met Coal Stock Down 7.5 %

NYSE HCC traded down $4.96 during trading on Friday, reaching $61.50. 2,954,101 shares of the company’s stock were exchanged, compared to its average volume of 560,416. The company has a 50 day moving average price of $66.12 and a two-hundred day moving average price of $62.29. The stock has a market cap of $3.22 billion, a P/E ratio of 7.40 and a beta of 1.05. Warrior Met Coal, Inc. has a 1 year low of $36.70 and a 1 year high of $73.08. The company has a debt-to-equity ratio of 0.10, a quick ratio of 5.85 and a current ratio of 6.86.

Warrior Met Coal (NYSE:HCCGet Free Report) last announced its quarterly earnings results on Wednesday, May 1st. The company reported $2.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.02 by $0.61. The firm had revenue of $503.50 million during the quarter, compared to the consensus estimate of $474.99 million. Warrior Met Coal had a return on equity of 24.71% and a net margin of 25.94%. The firm’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same period in the prior year, the company posted $3.57 earnings per share. On average, equities research analysts anticipate that Warrior Met Coal, Inc. will post 6.98 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, May 13th. Investors of record on Monday, May 6th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, May 3rd. This represents a $0.32 dividend on an annualized basis and a yield of 0.52%. Warrior Met Coal’s dividend payout ratio is presently 3.85%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on HCC shares. B. Riley increased their target price on shares of Warrior Met Coal from $87.00 to $91.00 and gave the stock a “buy” rating in a report on Thursday, May 2nd. Citigroup upgraded Warrior Met Coal from a “neutral” rating to a “buy” rating and lifted their target price for the company from $60.00 to $75.00 in a report on Thursday, April 11th. BMO Capital Markets upped their price target on Warrior Met Coal from $62.00 to $70.00 and gave the stock a “market perform” rating in a report on Thursday, May 2nd. Finally, Benchmark reiterated a “hold” rating on shares of Warrior Met Coal in a research note on Thursday, May 2nd. Three 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, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $72.80.

Read Our Latest Stock Report on Warrior Met Coal

Warrior Met Coal Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Warrior Met Coal (NYSE:HCC)

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