Jefferies Financial Group Inc. Buys Shares of 14,300 Warrior Met Coal $HCC

Jefferies Financial Group Inc. purchased a new stake in Warrior Met Coal (NYSE:HCC) during the fourth quarter, Holdings Channel reports. The firm purchased 14,300 shares of the company’s stock, valued at approximately $1,261,000.

A number of other institutional investors also recently bought and sold shares of the stock. State Street Corp boosted its stake in Warrior Met Coal by 25.2% in the 2nd quarter. State Street Corp now owns 4,099,070 shares of the company’s stock worth $187,860,000 after purchasing an additional 825,807 shares in the last quarter. Adage Capital Partners GP L.L.C. lifted its stake in shares of Warrior Met Coal by 130.4% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,889,025 shares of the company’s stock valued at $86,574,000 after purchasing an additional 1,069,025 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Warrior Met Coal by 0.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,833,578 shares of the company’s stock valued at $116,687,000 after purchasing an additional 5,077 shares during the period. UBS Group AG lifted its stake in shares of Warrior Met Coal by 219.2% in the 3rd quarter. UBS Group AG now owns 1,554,071 shares of the company’s stock valued at $98,901,000 after purchasing an additional 1,067,247 shares during the period. Finally, Allianz Asset Management GmbH increased its holdings in Warrior Met Coal by 9.2% in the 3rd quarter. Allianz Asset Management GmbH now owns 1,543,673 shares of the company’s stock worth $98,239,000 after acquiring an additional 130,396 shares in the last quarter. 92.28% of the stock is currently owned by institutional investors and hedge funds.

Warrior Met Coal Stock Up 7.8%

Shares of NYSE:HCC opened at $104.58 on Friday. The firm’s 50 day moving average price is $89.56 and its 200 day moving average price is $87.59. 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 stock has a market cap of $5.52 billion, a price-to-earnings ratio of 39.92 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.

Warrior Met Coal (NYSE:HCC) last released its quarterly earnings data on Thursday, April 30th. The company reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). Warrior Met Coal had a return on equity of 6.44% and a net margin of 9.36%.The company had revenue of $458.59 million for the quarter, compared to analyst estimates of $467.57 million. During the same period in the previous year, the business posted ($0.16) EPS. The firm’s revenue for the quarter was up 52.9% compared to the same quarter last year. As a group, equities research analysts predict that Warrior Met Coal will post 6.78 earnings per share for the current fiscal year.

Warrior Met Coal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 7th. Shareholders of record on Friday, May 1st were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a $0.32 dividend on an annualized basis and a yield of 0.3%. Warrior Met Coal’s dividend payout ratio (DPR) is presently 12.21%.

Analyst Ratings Changes

HCC has been the subject of several recent analyst reports. B. Riley Financial reissued a “buy” rating on shares of Warrior Met Coal in a report on Friday, February 13th. UBS Group dropped their price objective on shares of Warrior Met Coal from $104.00 to $102.00 and set a “buy” rating for the company in a report on Friday, May 1st. Wall Street Zen raised shares of Warrior Met Coal from a “hold” rating to a “buy” rating in a report on Sunday, February 15th. Weiss Ratings cut shares of Warrior Met Coal from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Finally, Citigroup boosted 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. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently 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.