Hallador Energy Company $HNRG Stake Raised by Empowered Funds LLC

Empowered Funds LLC boosted its holdings in shares of Hallador Energy Company (NASDAQ:HNRG) by 2.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 251,010 shares of the energy company’s stock after acquiring an additional 4,904 shares during the quarter. Empowered Funds LLC owned 0.58% of Hallador Energy worth $3,973,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Intech Investment Management LLC lifted its position in shares of Hallador Energy by 60.9% in the second quarter. Intech Investment Management LLC now owns 17,510 shares of the energy company’s stock worth $277,000 after purchasing an additional 6,627 shares in the last quarter. Creative Planning increased its stake in Hallador Energy by 70.5% in the 2nd quarter. Creative Planning now owns 43,724 shares of the energy company’s stock valued at $692,000 after buying an additional 18,075 shares during the period. Police & Firemen s Retirement System of New Jersey lifted its position in Hallador Energy by 31.5% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 7,774 shares of the energy company’s stock worth $123,000 after buying an additional 1,863 shares in the last quarter. Geode Capital Management LLC lifted its position in Hallador Energy by 8.8% in the 2nd quarter. Geode Capital Management LLC now owns 759,770 shares of the energy company’s stock worth $12,029,000 after buying an additional 61,666 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its stake in shares of Hallador Energy by 546.8% during the 2nd quarter. Acadian Asset Management LLC now owns 425,584 shares of the energy company’s stock valued at $6,735,000 after buying an additional 359,789 shares during the period. Hedge funds and other institutional investors own 61.38% of the company’s stock.

Hallador Energy Stock Down 4.1%

Shares of HNRG stock opened at $19.21 on Friday. The stock’s 50 day simple moving average is $20.10 and its 200 day simple moving average is $17.92. Hallador Energy Company has a twelve month low of $8.37 and a twelve month high of $24.70. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.26 and a current ratio of 0.67. The company has a market capitalization of $841.88 million, a price-to-earnings ratio of -3.85 and a beta of 0.44.

Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings results on Monday, November 10th. The energy company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.06 by $0.49. Hallador Energy had a positive return on equity of 11.58% and a negative net margin of 46.61%.The company had revenue of $146.85 million for the quarter, compared to the consensus estimate of $110.92 million. As a group, research analysts predict that Hallador Energy Company will post -0.31 EPS for the current year.

Wall Street Analysts Forecast Growth

HNRG has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Hallador Energy in a report on Wednesday, October 8th. Citigroup lowered Hallador Energy to a “neutral” rating in a research report on Tuesday, August 12th. Alliance Global Partners reiterated a “buy” rating on shares of Hallador Energy in a report on Tuesday, November 11th. Wall Street Zen raised Hallador Energy from a “hold” rating to a “buy” rating in a research note on Sunday, October 26th. Finally, Zacks Research downgraded Hallador Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Hallador Energy has an average rating of “Hold” and an average target price of $21.25.

Insider Buying and Selling at Hallador Energy

In other Hallador Energy news, Director Charles Ray Iv Wesley purchased 13,000 shares of the stock in a transaction dated Friday, November 21st. The shares were bought at an average cost of $19.28 per share, with a total value of $250,640.00. Following the completion of the transaction, the director owned 247,914 shares in the company, valued at $4,779,781.92. This trade represents a 5.53% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David C. Hardie sold 100,000 shares of Hallador Energy stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $19.53, for a total value of $1,953,000.00. Following the completion of the transaction, the director owned 21,072 shares in the company, valued at $411,536.16. The trade was a 82.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 372,062 shares of company stock worth $7,232,705 in the last quarter. Insiders own 23.73% of the company’s stock.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.