Warrior Met Coal, Inc. (NYSE:HCC) Stock Holdings Raised by MetLife Investment Management LLC

MetLife Investment Management LLC lifted its stake in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 5.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 31,619 shares of the company’s stock after purchasing an additional 1,716 shares during the period. MetLife Investment Management LLC owned about 0.06% of Warrior Met Coal worth $1,715,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Barclays PLC grew its position in shares of Warrior Met Coal by 413.2% in the 3rd quarter. Barclays PLC now owns 101,302 shares of the company’s stock worth $6,474,000 after acquiring an additional 81,561 shares in the last quarter. Tidal Investments LLC acquired a new position in Warrior Met Coal in the third quarter worth $1,858,000. Franklin Resources Inc. increased its stake in Warrior Met Coal by 3.6% during the third quarter. Franklin Resources Inc. now owns 61,209 shares of the company’s stock valued at $3,966,000 after purchasing an additional 2,114 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Warrior Met Coal by 3.8% during the third quarter. Principal Financial Group Inc. now owns 298,308 shares of the company’s stock worth $19,062,000 after purchasing an additional 10,787 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of Warrior Met Coal by 14.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 671,427 shares of the company’s stock worth $42,904,000 after buying an additional 83,331 shares during the last quarter. 92.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently weighed in on HCC. Jefferies Financial Group lowered their price objective on shares of Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company in a research report on Monday, January 6th. Benchmark reiterated a “hold” rating on shares of Warrior Met Coal in a research report on Friday, February 14th. Finally, B. Riley cut their price target on Warrior Met Coal from $86.00 to $76.00 and set a “buy” rating on the stock in a report on Friday, April 11th.

Warrior Met Coal Trading Down 0.7 %

Shares of NYSE:HCC opened at $48.54 on Wednesday. The company has a quick ratio of 3.99, a current ratio of 5.20 and a debt-to-equity ratio of 0.09. The company’s 50-day moving average price is $47.62 and its 200 day moving average price is $55.53. The company has a market cap of $2.55 billion, a PE ratio of 10.13 and a beta of 0.80. Warrior Met Coal, Inc. has a fifty-two week low of $38.00 and a fifty-two week high of $75.53.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.34). Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. The business had revenue of $297.47 million for the quarter, compared to analyst estimates of $331.70 million. Sell-side analysts anticipate that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current year.

Warrior Met Coal Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 12th. Stockholders of record on Monday, May 5th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date is Monday, May 5th. Warrior Met Coal’s dividend payout ratio (DPR) is 6.68%.

Warrior Met Coal Company Profile

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.