EntryPoint Capital LLC Has $423,000 Stake in Alpha Metallurgical Resources, Inc. (NYSE:AMR)

EntryPoint Capital LLC grew its holdings in Alpha Metallurgical Resources, Inc. (NYSE:AMR) by 102.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,113 shares of the energy company’s stock after purchasing an additional 1,069 shares during the quarter. EntryPoint Capital LLC’s holdings in Alpha Metallurgical Resources were worth $423,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in AMR. American Century Companies Inc. boosted its stake in Alpha Metallurgical Resources by 9.8% during the 4th quarter. American Century Companies Inc. now owns 359,006 shares of the energy company’s stock valued at $71,844,000 after purchasing an additional 32,027 shares during the period. Hosking Partners LLP grew its stake in shares of Alpha Metallurgical Resources by 76.6% in the fourth quarter. Hosking Partners LLP now owns 55,220 shares of the energy company’s stock worth $11,051,000 after acquiring an additional 23,944 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Alpha Metallurgical Resources by 12.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 183,519 shares of the energy company’s stock worth $36,726,000 after acquiring an additional 20,636 shares during the period. Ruffer LLP acquired a new position in Alpha Metallurgical Resources during the 4th quarter valued at $4,100,000. Finally, Teacher Retirement System of Texas boosted its holdings in Alpha Metallurgical Resources by 630.2% in the 4th quarter. Teacher Retirement System of Texas now owns 22,927 shares of the energy company’s stock valued at $4,588,000 after purchasing an additional 19,787 shares during the period. 84.29% of the stock is currently owned by institutional investors.

Alpha Metallurgical Resources Stock Performance

NYSE:AMR opened at $130.38 on Wednesday. The firm’s 50-day moving average is $161.55 and its 200-day moving average is $198.44. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 4.78 and a beta of 1.50. Alpha Metallurgical Resources, Inc. has a 52-week low of $122.00 and a 52-week high of $361.17.

Alpha Metallurgical Resources (NYSE:AMR) last posted its quarterly earnings results on Friday, February 28th. The energy company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.09). Alpha Metallurgical Resources had a net margin of 11.08% and a return on equity of 22.65%. The firm had revenue of $617.30 million during the quarter, compared to analyst estimates of $658.20 million. During the same period last year, the company earned $12.88 EPS. The company’s revenue was down 35.7% on a year-over-year basis. Equities analysts predict that Alpha Metallurgical Resources, Inc. will post 14.31 EPS for the current year.

Alpha Metallurgical Resources Company Profile

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.