Vest Financial LLC Has $2.82 Million Stake in Warrior Met Coal $HCC

Vest Financial LLC decreased its stake in Warrior Met Coal (NYSE:HCC) by 18.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,226 shares of the company’s stock after selling 9,808 shares during the period. Vest Financial LLC owned 0.08% of Warrior Met Coal worth $2,815,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its position in Warrior Met Coal by 217.2% during the second quarter. EverSource Wealth Advisors LLC now owns 682 shares of the company’s stock worth $31,000 after buying an additional 467 shares during the last quarter. 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 in the last quarter. Northstar Group Inc. bought a new stake in Warrior Met Coal in the 3rd quarter valued at about $205,000. Envestnet Asset Management Inc. acquired a new stake in Warrior Met Coal during the second quarter worth approximately $207,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Warrior Met Coal during the 2nd quarter worth $227,000. 92.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently issued reports on HCC shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Warrior Met Coal in a research note on Wednesday, October 8th. UBS Group raised their price objective on shares of Warrior Met Coal from $80.00 to $86.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Zacks Research lowered Warrior Met Coal from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Jefferies Financial Group increased their price objective on shares of Warrior Met Coal from $95.00 to $120.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, B. Riley reiterated a “buy” rating on shares of Warrior Met Coal in a report on Thursday, November 6th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $88.00.

Warrior Met Coal Stock Down 1.6%

HCC stock opened at $98.31 on Friday. 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 firm has a market capitalization of $5.17 billion, a PE ratio of 146.73 and a beta of 0.63. The stock’s 50 day moving average is $86.78 and its 200-day moving average is $70.13. Warrior Met Coal has a twelve month low of $38.00 and a twelve month high of $105.35.

Warrior Met Coal (NYSE:HCC) last announced its earnings results on Wednesday, November 5th. The company reported $0.70 EPS for the quarter, beating the consensus estimate 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 company had revenue of $328.59 million during the quarter, compared to the consensus estimate of $302.51 million. During the same quarter in the prior year, the company posted $0.80 earnings per share. The firm’s revenue for the quarter was up .3% on a year-over-year basis. Sell-side analysts expect that Warrior Met Coal will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 14th. Stockholders 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 dividend yield of 0.3%. The ex-dividend date was Friday, November 7th. Warrior Met Coal’s payout ratio is presently 47.76%.

Insider Activity

In other news, insider Kelli K. Gant sold 10,000 shares of the company’s 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 transaction, the insider owned 70,580 shares of the company’s stock, valued at $7,058,000. This represents a 12.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Walter J. Scheller sold 100,000 shares of the stock in a transaction dated Monday, January 12th. The stock was 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 of the company’s stock, valued at $29,509,496.73. This represents a 25.37% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 128,966 shares of company stock worth $12,453,450. Insiders own 2.10% of the company’s stock.

Warrior Met Coal 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.