Walter Scheller Sells 100,000 Shares of Warrior Met Coal (NYSE:HCC) Stock

Warrior Met Coal (NYSE:HCC) CEO Walter Scheller sold 100,000 shares of the stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $100.31, for a total transaction of $10,031,000.00. Following the transaction, the chief executive officer owned 294,183 shares in the company, valued at approximately $29,509,496.73. This represents a 25.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Warrior Met Coal Stock Up 0.4%

Warrior Met Coal stock traded up $0.40 during midday trading on Tuesday, reaching $100.60. The company’s stock had a trading volume of 497,719 shares, compared to its average volume of 675,530. Warrior Met Coal has a 52-week low of $38.00 and a 52-week high of $101.34. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.13 and a quick ratio of 3.00. The stock has a market capitalization of $5.29 billion, a P/E ratio of 150.15 and a beta of 0.63. The stock’s 50-day simple moving average is $83.89 and its 200-day simple moving average is $67.88.

Warrior Met Coal (NYSE:HCC) last released its earnings results on Wednesday, November 5th. The company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.91. Warrior Met Coal had a return on equity of 2.01% and a net margin of 2.87%.The firm had revenue of $328.59 million during the quarter, compared to the consensus estimate of $302.51 million. During the same quarter in the previous year, the company posted $0.80 earnings per share. The company’s revenue was up .3% compared to the same quarter last year. On average, sell-side analysts expect that Warrior Met Coal will post 4.86 EPS for the current year.

Warrior Met Coal Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Friday, November 7th were issued a $0.08 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.3%. Warrior Met Coal’s dividend payout ratio is currently 47.76%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on HCC shares. B. Riley reissued a “buy” rating on shares of Warrior Met Coal in a report on Thursday, November 6th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Warrior Met Coal in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Warrior Met Coal from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Research downgraded shares of Warrior Met Coal from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Finally, BMO Capital Markets lifted their target price on Warrior Met Coal from $65.00 to $72.00 and gave the stock a “market perform” rating in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $77.33.

Hedge Funds Weigh In On Warrior Met Coal

A number of large investors have recently modified their holdings of HCC. State Street Corp raised its position in Warrior Met Coal by 25.2% during the 2nd quarter. State Street Corp now owns 4,099,070 shares of the company’s stock valued at $187,860,000 after purchasing an additional 825,807 shares during the last quarter. L1 Capital Pty Ltd increased its stake in shares of Warrior Met Coal by 175.8% during the second quarter. L1 Capital Pty Ltd now owns 1,981,045 shares of the company’s stock valued at $90,791,000 after buying an additional 1,262,736 shares during the period. American Century Companies Inc. raised its holdings in shares of Warrior Met Coal by 1.2% during the second quarter. American Century Companies Inc. now owns 1,920,940 shares of the company’s stock valued at $88,037,000 after acquiring an additional 23,698 shares in the last quarter. Adage Capital Partners GP L.L.C. raised its holdings in shares of Warrior Met Coal by 130.4% during the second quarter. Adage Capital Partners GP L.L.C. now owns 1,889,025 shares of the company’s stock valued at $86,574,000 after acquiring an additional 1,069,025 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Warrior Met Coal by 0.3% in the third quarter. Dimensional Fund Advisors LP now owns 1,833,578 shares of the company’s stock worth $116,687,000 after acquiring an additional 5,077 shares during the period. 92.28% of the stock is currently owned by institutional investors.

Warrior Met Coal Company Profile

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.