Strs Ohio Has $997,000 Stock Position in Peabody Energy Co. (NYSE:BTU)

Strs Ohio decreased its position in Peabody Energy Co. (NYSE:BTU) by 14.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 41,000 shares of the coal producer’s stock after selling 7,000 shares during the period. Strs Ohio’s holdings in Peabody Energy were worth $997,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Holdings Inc. acquired a new position in Peabody Energy in the 4th quarter valued at approximately $306,000. Byrne Asset Management LLC raised its holdings in Peabody Energy by 20.6% in the 4th quarter. Byrne Asset Management LLC now owns 3,690 shares of the coal producer’s stock valued at $92,000 after acquiring an additional 630 shares in the last quarter. Perigon Wealth Management LLC acquired a new position in Peabody Energy in the 4th quarter valued at approximately $277,000. Krilogy Financial LLC acquired a new position in Peabody Energy in the 4th quarter valued at approximately $243,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in Peabody Energy by 2.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 56,675 shares of the coal producer’s stock valued at $1,378,000 after acquiring an additional 1,150 shares in the last quarter. Institutional investors and hedge funds own 87.44% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. B. Riley dropped their target price on Peabody Energy from $34.00 to $32.00 and set a “buy” rating for the company in a report on Monday, April 15th. Benchmark reissued a “buy” rating and issued a $28.00 target price on shares of Peabody Energy in a report on Friday, April 12th.

Peabody Energy Trading Down 2.0 %

Shares of BTU opened at $23.44 on Wednesday. Peabody Energy Co. has a 1 year low of $17.71 and a 1 year high of $27.24. The company has a current ratio of 2.06, a quick ratio of 1.70 and a debt-to-equity ratio of 0.09. The stock has a 50 day simple moving average of $24.44 and a 200-day simple moving average of $24.51. The stock has a market cap of $2.98 billion, a PE ratio of 4.71 and a beta of 0.98.

Peabody Energy (NYSE:BTU) last issued its earnings results on Thursday, February 8th. The coal producer reported $1.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.08). Peabody Energy had a return on equity of 21.45% and a net margin of 15.36%. The company had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the company posted $2.65 earnings per share. The company’s quarterly revenue was down 24.1% on a year-over-year basis. On average, sell-side analysts predict that Peabody Energy Co. will post 3.07 EPS for the current fiscal year.

Peabody Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 13th. Investors of record on Thursday, February 22nd were given a dividend of $0.075 per share. The ex-dividend date was Wednesday, February 21st. This represents a $0.30 dividend on an annualized basis and a yield of 1.28%. Peabody Energy’s dividend payout ratio (DPR) is presently 6.02%.

Insider Buying and Selling

In related news, Director Nicholas J. Chirekos sold 14,000 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $25.50, for a total transaction of $357,000.00. Following the sale, the director now directly owns 24,279 shares in the company, valued at approximately $619,114.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, Director Nicholas J. Chirekos sold 14,000 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $25.50, for a total transaction of $357,000.00. Following the sale, the director now directly owns 24,279 shares in the company, valued at approximately $619,114.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Darren Ronald Yeates sold 31,980 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $25.48, for a total value of $814,850.40. Following the sale, the chief operating officer now owns 78,307 shares in the company, valued at $1,995,262.36. The disclosure for this sale can be found here. Insiders have sold a total of 52,806 shares of company stock worth $1,339,565 in the last three months. Insiders own 0.40% of the company’s stock.

Peabody Energy Company Profile

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.