Warrior Met Coal (NYSE:HCC) Insider Kelli Gant Sells 10,000 Shares of Stock

Warrior Met Coal (NYSE:HCC) insider Kelli Gant sold 10,000 shares of the stock in a transaction on Monday, January 12th. The stock was sold at an average price of $100.00, for a total transaction of $1,000,000.00. Following the sale, the insider directly owned 70,580 shares in the company, valued at $7,058,000. This trade represents a 12.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Warrior Met Coal Trading Up 0.4%

NYSE HCC opened at $100.60 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.00 and a current ratio of 4.13. Warrior Met Coal has a one year low of $38.00 and a one year high of $101.34. The company has a 50-day simple moving average of $83.89 and a 200-day simple moving average of $67.88. The firm has a market capitalization of $5.29 billion, a PE ratio of 150.15 and a beta of 0.63.

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

Warrior Met Coal Dividend Announcement

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

Analysts Set New Price Targets

Several brokerages have recently issued reports on HCC. Weiss Ratings reissued a “hold (c-)” rating on shares of Warrior Met Coal in a report on Wednesday, October 8th. B. Riley reiterated a “buy” rating on shares of Warrior Met Coal in a research report on Thursday, November 6th. Wall Street Zen raised shares of Warrior Met Coal from a “hold” rating to a “buy” rating in a research note on Saturday. UBS Group upped their target price on shares of Warrior Met Coal from $80.00 to $86.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Finally, Zacks Research cut Warrior Met Coal from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. One equities research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Warrior Met Coal presently has an average rating of “Hold” and a consensus target price of $77.33.

Institutional Trading of Warrior Met Coal

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of Warrior Met Coal by 217.2% in the second quarter. EverSource Wealth Advisors LLC now owns 682 shares of the company’s stock valued at $31,000 after acquiring an additional 467 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in Warrior Met Coal by 266.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 626 shares of the company’s stock valued at $40,000 after purchasing an additional 455 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Warrior Met Coal by 4,337.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 710 shares of the company’s stock valued at $45,000 after purchasing an additional 694 shares in the last quarter. Aster Capital Management DIFC Ltd increased its position in shares of Warrior Met Coal by 919.6% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 938 shares of the company’s stock valued at $60,000 after purchasing an additional 846 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of Warrior Met Coal by 23.1% in the 2nd quarter. GAMMA Investing LLC now owns 1,346 shares of the company’s stock worth $62,000 after buying an additional 253 shares in the last quarter. 92.28% of the stock is currently owned by institutional investors.

About Warrior Met Coal

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.