24,993 Shares in Warrior Met Coal $HCC Acquired by Investment House LLC

Investment House LLC bought a new position in shares of Warrior Met Coal (NYSE:HCC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 24,993 shares of the company’s stock, valued at approximately $2,204,000.

A number of other hedge funds have also recently bought and sold shares of HCC. EverSource Wealth Advisors LLC boosted its position in Warrior Met Coal by 217.2% during the second quarter. EverSource Wealth Advisors LLC now owns 682 shares of the company’s stock worth $31,000 after acquiring an additional 467 shares during the last quarter. Hantz Financial Services Inc. boosted its position in Warrior Met Coal by 266.1% during the third quarter. Hantz Financial Services Inc. now owns 626 shares of the company’s stock worth $40,000 after acquiring an additional 455 shares during the last quarter. Jones Financial Companies Lllp boosted its position in Warrior Met Coal by 4,337.5% during the third quarter. Jones Financial Companies Lllp now owns 710 shares of the company’s stock worth $45,000 after acquiring an additional 694 shares during the last quarter. Aster Capital Management DIFC Ltd boosted its position in Warrior Met Coal by 919.6% during the third quarter. Aster Capital Management DIFC Ltd now owns 938 shares of the company’s stock worth $60,000 after acquiring an additional 846 shares during the last quarter. Finally, Bayforest Capital Ltd purchased a new position in Warrior Met Coal during the fourth quarter worth approximately $63,000. Institutional investors and hedge funds own 92.28% of the company’s stock.

Warrior Met Coal Stock Performance

NYSE:HCC opened at $85.01 on Wednesday. The company has a quick ratio of 2.42, a current ratio of 3.48 and a debt-to-equity ratio of 0.11. The company has a market cap of $4.49 billion, a P/E ratio of 32.44 and a beta of 0.61. Warrior Met Coal has a fifty-two week low of $40.80 and a fifty-two week high of $105.35. The firm’s 50 day moving average is $88.62 and its two-hundred day moving average is $86.62.

Warrior Met Coal (NYSE:HCC) last issued its earnings results on Thursday, April 30th. The company reported $1.37 EPS for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). Warrior Met Coal had a net margin of 9.36% and a return on equity of 6.44%. The business had revenue of $458.59 million during the quarter, compared to analysts’ expectations of $467.57 million. During the same period in the prior year, the business posted ($0.16) EPS. The business’s revenue was up 52.9% on a year-over-year basis. Analysts expect that Warrior Met Coal will post 6.78 EPS for the current year.

Warrior Met Coal Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 7th. Stockholders of record on Friday, May 1st were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Friday, May 1st. Warrior Met Coal’s dividend payout ratio (DPR) is currently 12.21%.

Analysts Set New Price Targets

A number of research firms have weighed in on HCC. UBS Group cut their price target on shares of Warrior Met Coal from $104.00 to $102.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Citigroup increased their price target on shares of Warrior Met Coal from $80.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, March 18th. Weiss Ratings raised shares of Warrior Met Coal from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Wall Street Zen raised shares of Warrior Met Coal from a “hold” rating to a “buy” rating in a research note on Sunday, February 15th. Finally, Jefferies Financial Group increased their price target on shares of Warrior Met Coal from $95.00 to $120.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Warrior Met Coal has an average rating of “Hold” and a consensus price target of $102.80.

About Warrior Met Coal

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.