Warrior Met Coal, Inc. (NYSE:HCC) Shares Sold by Public Sector Pension Investment Board

Public Sector Pension Investment Board lowered its stake in Warrior Met Coal, Inc. (NYSE:HCC) by 3.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 111,015 shares of the company’s stock after selling 4,100 shares during the quarter. Public Sector Pension Investment Board’s holdings in Warrior Met Coal were worth $7,094,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wulff Hansen & CO. lifted its stake in shares of Warrior Met Coal by 6,177.0% in the 2nd quarter. Wulff Hansen & CO. now owns 331,551 shares of the company’s stock worth $20,811,000 after acquiring an additional 326,269 shares during the period. FMR LLC lifted its position in Warrior Met Coal by 8.6% in the third quarter. FMR LLC now owns 3,210,531 shares of the company’s stock worth $205,153,000 after purchasing an additional 254,540 shares during the period. Forest Avenue Capital Management LP boosted its stake in Warrior Met Coal by 95.0% during the 3rd quarter. Forest Avenue Capital Management LP now owns 411,547 shares of the company’s stock valued at $26,298,000 after purchasing an additional 200,533 shares in the last quarter. Hosking Partners LLP increased its position in shares of Warrior Met Coal by 68.9% during the 2nd quarter. Hosking Partners LLP now owns 482,147 shares of the company’s stock valued at $30,264,000 after purchasing an additional 196,601 shares during the period. Finally, River Road Asset Management LLC lifted its holdings in shares of Warrior Met Coal by 22.9% in the third quarter. River Road Asset Management LLC now owns 870,357 shares of the company’s stock valued at $55,616,000 after buying an additional 162,387 shares during the period. Institutional investors own 92.28% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on HCC. B. Riley upped their price target on shares of Warrior Met Coal from $89.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Benchmark reissued a “hold” rating on shares of Warrior Met Coal in a research note on Monday, August 5th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $75.75.

Warrior Met Coal Trading Up 0.0 %

Shares of NYSE HCC opened at $70.32 on Friday. The business has a fifty day simple moving average of $65.18 and a 200-day simple moving average of $64.07. The company has a market cap of $3.68 billion, a price-to-earnings ratio of 9.71 and a beta of 1.02. Warrior Met Coal, Inc. has a 12 month low of $50.60 and a 12 month high of $75.53. The company has a quick ratio of 4.67, a current ratio of 5.81 and a debt-to-equity ratio of 0.09.

Warrior Met Coal (NYSE:HCC) last announced its earnings results on Wednesday, October 30th. The company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.40 by $0.40. Warrior Met Coal had a net margin of 23.77% and a return on equity of 19.00%. The company had revenue of $327.72 million during the quarter, compared to analysts’ expectations of $322.21 million. During the same period last year, the company posted $1.85 earnings per share. The business’s revenue for the quarter was down 22.6% on a year-over-year basis. Sell-side analysts predict that Warrior Met Coal, Inc. will post 5.62 EPS for the current year.

Warrior Met Coal Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Tuesday, November 5th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.46%. The ex-dividend date of this dividend was Tuesday, November 5th. Warrior Met Coal’s dividend payout ratio (DPR) is currently 4.42%.

About Warrior Met Coal

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.