Dalal Street LLC Has $92.46 Million Stake in Warrior Met Coal, Inc. (NYSE:HCC)

Dalal Street LLC raised its holdings in Warrior Met Coal, Inc. (NYSE:HCC) by 144.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,704,670 shares of the company’s stock after buying an additional 1,006,263 shares during the period. Warrior Met Coal comprises approximately 36.5% of Dalal Street LLC’s investment portfolio, making the stock its 2nd biggest holding. Dalal Street LLC owned approximately 3.26% of Warrior Met Coal worth $92,461,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. River Road Asset Management LLC lifted its position in Warrior Met Coal by 2.1% during the fourth quarter. River Road Asset Management LLC now owns 888,388 shares of the company’s stock worth $48,186,000 after acquiring an additional 18,031 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Warrior Met Coal by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 1,208,405 shares of the company’s stock worth $77,232,000 after purchasing an additional 13,650 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Warrior Met Coal by 14.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 671,427 shares of the company’s stock valued at $42,904,000 after purchasing an additional 83,331 shares during the period. Hosking Partners LLP grew its holdings in Warrior Met Coal by 9.6% in the 4th quarter. Hosking Partners LLP now owns 524,833 shares of the company’s stock valued at $28,467,000 after buying an additional 45,868 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new position in Warrior Met Coal during the 4th quarter worth $1,300,000. 92.28% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on HCC shares. Benchmark reissued a “hold” rating on shares of Warrior Met Coal in a research report on Friday, February 14th. B. Riley cut their price objective on shares of Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating for the company in a report on Tuesday, February 18th. Finally, Jefferies Financial Group lowered their target price on shares of Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $74.00.

Warrior Met Coal Trading Down 7.8 %

Shares of Warrior Met Coal stock opened at $40.51 on Friday. The firm’s 50-day moving average price is $49.60 and its two-hundred day moving average price is $57.30. The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 8.46 and a beta of 0.80. The company has a quick ratio of 3.99, a current ratio of 5.20 and a debt-to-equity ratio of 0.09. Warrior Met Coal, Inc. has a 12-month low of $39.06 and a 12-month high of $75.53.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.34). Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. The firm had revenue of $297.47 million during the quarter, compared to the consensus estimate of $331.70 million. On average, analysts forecast that Warrior Met Coal, Inc. will post 4.86 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 Monday, March 3rd. Stockholders of record on Monday, February 24th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.79%. Warrior Met Coal’s dividend payout ratio (DPR) is currently 6.68%.

Warrior Met Coal 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.