10,637 Shares in Warrior Met Coal $HCC Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC bought a new position in Warrior Met Coal (NYSE:HCC) in the second quarter, HoldingsChannel.com reports. The fund bought 10,637 shares of the company’s stock, valued at approximately $863,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Warrior Met Coal by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,860 shares of the company’s stock valued at $1,473,000 after buying an additional 1,351 shares during the period. Intech Investment Management LLC grew its holdings in shares of Warrior Met Coal by 14.6% in the first quarter. Intech Investment Management LLC now owns 34,812 shares of the company’s stock worth $1,661,000 after acquiring an additional 4,441 shares during the period. Hsbc Holdings PLC grew its holdings in shares of Warrior Met Coal by 7.7% in the second quarter. Hsbc Holdings PLC now owns 6,479 shares of the company’s stock worth $300,000 after acquiring an additional 464 shares during the period. 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 valued at $31,000 after acquiring an additional 467 shares during the last quarter. Finally, Marshall Wace LLP increased its position in Warrior Met Coal by 75.1% during the second quarter. Marshall Wace LLP now owns 10,085 shares of the company’s stock valued at $462,000 after acquiring an additional 4,324 shares during the last quarter. 92.28% of the stock is currently owned by hedge funds and other institutional investors.

Warrior Met Coal Trading Down 2.0%

NYSE:HCC opened at $106.10 on Wednesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.93 and a quick ratio of 2.79. The firm has a market capitalization of $5.60 billion, a price-to-earnings ratio of 25.50 and a beta of 0.65. Warrior Met Coal has a one year low of $54.66 and a one year high of $111.20. The business has a fifty day moving average price of $88.50 and a 200-day moving average price of $89.22.

Warrior Met Coal (NYSE:HCC) last released its earnings results on Wednesday, August 5th. The company reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.40 by $0.25. Warrior Met Coal had a return on equity of 10.02% and a net margin of 13.05%.The company had revenue of $509.69 million for the quarter, compared to the consensus estimate of $488.46 million. During the same period in the previous year, the business earned $0.11 earnings per share. Warrior Met Coal’s quarterly revenue was up 71.3% compared to the same quarter last year. Sell-side analysts forecast that Warrior Met Coal will post 5.74 EPS for the current year.

Warrior Met Coal Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 10th were paid a $0.08 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $0.32 annualized dividend and a dividend yield of 0.3%. Warrior Met Coal’s dividend payout ratio (DPR) is 7.69%.

Analysts Set New Price Targets

Several brokerages have issued reports on HCC. B. Riley Financial raised their target price on Warrior Met Coal from $117.00 to $123.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Zacks Research lowered shares of Warrior Met Coal from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. Citigroup reaffirmed a “buy” rating on shares of Warrior Met Coal in a research report on Wednesday, June 10th. Weiss Ratings upgraded shares of Warrior Met Coal from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. Finally, UBS Group dropped their price objective on shares of Warrior Met Coal from $100.00 to $98.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $102.60.

Insider Transactions at Warrior Met Coal

In related news, Director Stephen D. Williams sold 4,800 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $104.23, for a total value of $500,304.00. Following the completion of the sale, the director directly owned 30,303 shares of the company’s stock, valued at approximately $3,158,481.69. This represents a 13.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Walter J. Scheller sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $105.00, for a total transaction of $5,250,000.00. Following the sale, the chief executive officer owned 317,793 shares in the company, valued at approximately $33,368,265. The trade was a 13.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 104,800 shares of company stock worth $11,250,304. Insiders own 2.10% of the company’s stock.

Warrior Met Coal Company 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.