QV Investors Inc. Purchases Shares of 165,760 Warrior Met Coal $HCC

QV Investors Inc. purchased a new stake in Warrior Met Coal (NYSE:HCC) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 165,760 shares of the company’s stock, valued at approximately $10,549,000. QV Investors Inc. owned about 0.32% of Warrior Met Coal as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Nisa Investment Advisors LLC boosted its stake in Warrior Met Coal by 3.2% during the 3rd quarter. Nisa Investment Advisors LLC now owns 7,046 shares of the company’s stock valued at $448,000 after purchasing an additional 216 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Warrior Met Coal by 23.1% during the second quarter. GAMMA Investing LLC now owns 1,346 shares of the company’s stock worth $62,000 after buying an additional 253 shares during the last quarter. SummerHaven Investment Management LLC boosted its position in shares of Warrior Met Coal by 2.5% in the second quarter. SummerHaven Investment Management LLC now owns 11,639 shares of the company’s stock valued at $533,000 after acquiring an additional 289 shares during the period. Teacher Retirement System of Texas grew its stake in shares of Warrior Met Coal by 4.4% in the second quarter. Teacher Retirement System of Texas now owns 7,980 shares of the company’s stock worth $366,000 after acquiring an additional 333 shares during the last quarter. Finally, California State Teachers Retirement System increased its position in Warrior Met Coal by 0.7% during the second quarter. California State Teachers Retirement System now owns 48,341 shares of the company’s stock worth $2,215,000 after acquiring an additional 337 shares during the period. Institutional investors and hedge funds own 92.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HCC. Weiss Ratings reissued a “hold (c-)” rating on shares of Warrior Met Coal in a report on Wednesday, October 8th. BMO Capital Markets upped their price objective on shares of Warrior Met Coal from $65.00 to $72.00 and gave the company a “market perform” rating in a research report on Thursday, November 6th. B. Riley reissued a “buy” rating on shares of Warrior Met Coal in a research report on Thursday, November 6th. Jefferies Financial Group boosted their price target on Warrior Met Coal from $95.00 to $120.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, UBS Group lifted their price objective on Warrior Met Coal from $80.00 to $86.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Warrior Met Coal presently has an average rating of “Hold” and an average price target of $88.00.

Warrior Met Coal Stock Performance

NYSE HCC opened at $98.31 on Friday. Warrior Met Coal has a twelve month low of $38.00 and a twelve month high of $105.35. The company has a quick ratio of 3.00, a current ratio of 4.13 and a debt-to-equity ratio of 0.12. The stock has a market cap of $5.17 billion, a P/E ratio of 146.73 and a beta of 0.63. The company’s 50-day simple moving average is $86.78 and its 200 day simple moving average is $70.13.

Warrior Met Coal (NYSE:HCC) last announced its quarterly 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 net margin of 2.87% and a return on equity of 2.01%. The firm had revenue of $328.59 million during the quarter, compared to analysts’ expectations of $302.51 million. During the same quarter last year, the company earned $0.80 earnings per share. The company’s revenue for the quarter was up .3% compared to the same quarter last year. As a group, research analysts forecast that Warrior Met Coal will post 4.86 earnings per share for the current fiscal year.

Warrior Met Coal Announces Dividend

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

Insider Buying and Selling at Warrior Met Coal

In related news, CEO Walter J. Scheller sold 100,000 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer owned 294,183 shares in the company, valued at $29,509,496.73. This trade represents a 25.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Kelli K. Gant sold 10,000 shares of the business’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $100.00, for a total transaction of $1,000,000.00. Following the completion of the transaction, the insider owned 70,580 shares in the company, valued at approximately $7,058,000. This trade represents a 12.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 128,966 shares of company stock valued at $12,453,450 over the last quarter. Corporate insiders own 2.10% of the company’s stock.

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.