WINTON GROUP Ltd Sells 21,747 Shares of Peabody Energy Corporation $BTU

WINTON GROUP Ltd reduced its holdings in Peabody Energy Corporation (NYSE:BTU) by 19.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 89,228 shares of the coal producer’s stock after selling 21,747 shares during the quarter. WINTON GROUP Ltd owned 0.07% of Peabody Energy worth $2,366,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Peabody Energy by 1.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 72,693 shares of the coal producer’s stock worth $985,000 after purchasing an additional 700 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Peabody Energy by 45.3% in the first quarter. NewEdge Advisors LLC now owns 33,359 shares of the coal producer’s stock valued at $452,000 after buying an additional 10,401 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Peabody Energy in the first quarter valued at approximately $261,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Peabody Energy by 7.7% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,513,951 shares of the coal producer’s stock valued at $20,317,000 after buying an additional 107,644 shares during the period. Finally, Ranmore Fund Management Ltd increased its position in shares of Peabody Energy by 26.0% during the second quarter. Ranmore Fund Management Ltd now owns 496,089 shares of the coal producer’s stock worth $6,658,000 after acquiring an additional 102,216 shares in the last quarter. Institutional investors own 87.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on BTU shares. UBS Group raised their price objective on shares of Peabody Energy from $27.00 to $29.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Wall Street Zen upgraded Peabody Energy from a “sell” rating to a “hold” rating in a report on Friday, January 23rd. Zacks Research lowered Peabody Energy from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 4th. B. Riley Financial upped their price objective on Peabody Energy from $38.00 to $43.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Finally, Weiss Ratings downgraded Peabody Energy from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 20th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $37.00.

Insider Activity at Peabody Energy

In related news, COO Darren Ronald Yeates sold 13,892 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $36.40, for a total transaction of $505,668.80. Following the completion of the transaction, the chief operating officer directly owned 113,440 shares of the company’s stock, valued at approximately $4,129,216. This represents a 10.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Scott T. Jarboe sold 2,151 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $34.26, for a total value of $73,693.26. Following the completion of the transaction, the chief accounting officer owned 82,306 shares of the company’s stock, valued at approximately $2,819,803.56. This represents a 2.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.41% of the company’s stock.

Peabody Energy Stock Performance

Shares of BTU opened at $32.54 on Wednesday. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of -72.30 and a beta of 0.54. Peabody Energy Corporation has a 12 month low of $9.61 and a 12 month high of $39.95. The firm has a fifty day simple moving average of $34.34 and a 200 day simple moving average of $29.39. The company has a current ratio of 1.85, a quick ratio of 1.40 and a debt-to-equity ratio of 0.09.

Peabody Energy (NYSE:BTU) last issued its quarterly earnings results on Thursday, February 5th. The coal producer reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.01). Peabody Energy had a negative net margin of 1.37% and a negative return on equity of 0.93%. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the previous year, the firm posted $0.25 earnings per share. The firm’s quarterly revenue was down 9.0% on a year-over-year basis. Research analysts forecast that Peabody Energy Corporation will post 2.61 EPS for the current fiscal year.

Peabody Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Monday, February 23rd were issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 0.9%. The ex-dividend date was Monday, February 23rd. Peabody Energy’s dividend payout ratio is presently -66.67%.

About Peabody Energy

Peabody Energy Corporation is one of the world’s largest private-sector coal companies, engaged primarily in the production and sale of metallurgical and thermal coal. The company’s operations span surface and underground mines, serving utilities, steel mills and other industrial customers that rely on coal as an essential component in power generation and steelmaking. Peabody’s product portfolio includes high-energy thermal coal for electricity generation and low-volatile metallurgical coal used in steel production, reflecting its diverse end-market reach.

Founded in 1883, Peabody Energy has grown from a regional mining concern into a global energy supplier.