24,993 Shares in Warrior Met Coal $HCC Purchased by Investment House LLC

Investment House LLC purchased a new position in shares of Warrior Met Coal (NYSE:HCC) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 24,993 shares of the company’s stock, valued at approximately $2,204,000.

Several other large investors have also recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund grew its position in Warrior Met Coal by 1.3% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 12,027 shares of the company’s stock worth $1,060,000 after buying an additional 149 shares during the period. Smartleaf Asset Management LLC grew its position in Warrior Met Coal by 12.1% during the third quarter. Smartleaf Asset Management LLC now owns 1,559 shares of the company’s stock worth $99,000 after buying an additional 168 shares during the period. Arizona State Retirement System grew its position in Warrior Met Coal by 1.4% during the third quarter. Arizona State Retirement System now owns 15,552 shares of the company’s stock worth $990,000 after buying an additional 213 shares during the period. Old West Investment Management LLC grew its position in Warrior Met Coal by 0.4% during the third quarter. Old West Investment Management LLC now owns 79,491 shares of the company’s stock worth $5,059,000 after buying an additional 290 shares during the period. Finally, ProShare Advisors LLC grew its position in Warrior Met Coal by 3.2% during the fourth quarter. ProShare Advisors LLC now owns 10,143 shares of the company’s stock worth $894,000 after buying an additional 312 shares during the period. 92.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Wall Street Zen upgraded shares of Warrior Met Coal from a “hold” rating to a “buy” rating in a research report on Sunday, February 15th. Weiss Ratings upgraded shares of Warrior Met Coal from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. UBS Group lowered their target price on shares of Warrior Met Coal from $104.00 to $102.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Zacks Research lowered shares of Warrior Met Coal from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 5th. Finally, Jefferies Financial Group upped their target price 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, January 20th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $102.80.

Warrior Met Coal Stock Down 0.7%

HCC stock opened at $85.01 on Wednesday. The company’s 50 day simple moving average is $88.62 and its 200-day simple moving average is $86.62. The firm has a market capitalization of $4.49 billion, a PE ratio of 32.44 and a beta of 0.61. Warrior Met Coal has a 12 month low of $40.80 and a 12 month high of $105.35. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.48 and a quick ratio of 2.42.

Warrior Met Coal (NYSE:HCC) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.37 EPS for the quarter, missing the consensus estimate of $1.41 by ($0.04). The business had revenue of $458.59 million during the quarter, compared to analyst estimates of $467.57 million. Warrior Met Coal had a net margin of 9.36% and a return on equity of 6.44%. The firm’s revenue for the quarter was up 52.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.16) earnings per share. Equities analysts expect that Warrior Met Coal will post 6.78 earnings per share for the current fiscal year.

Warrior Met Coal Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 7th. Stockholders of record on Friday, May 1st were given a $0.08 dividend. The ex-dividend date was Friday, May 1st. This represents a $0.32 annualized dividend and a dividend yield of 0.4%. Warrior Met Coal’s dividend payout ratio is currently 12.21%.

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.