Anthracite Investment Company Inc. Sells 2,365 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

Anthracite Investment Company Inc. cut its stake in Warrior Met Coal, Inc. (NYSE:HCC) by 4.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,923 shares of the company’s stock after selling 2,365 shares during the period. Warrior Met Coal accounts for 1.1% of Anthracite Investment Company Inc.’s investment portfolio, making the stock its 29th largest holding. Anthracite Investment Company Inc. owned about 0.11% of Warrior Met Coal worth $3,088,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of the company. FNY Investment Advisers LLC acquired a new stake in shares of Warrior Met Coal in the 4th quarter valued at about $43,000. GAMMA Investing LLC lifted its holdings in shares of Warrior Met Coal by 56.7% in the fourth quarter. GAMMA Investing LLC now owns 989 shares of the company’s stock valued at $54,000 after purchasing an additional 358 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in Warrior Met Coal by 304.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company’s stock worth $75,000 after buying an additional 1,040 shares in the last quarter. Wolverine Asset Management LLC lifted its stake in Warrior Met Coal by 264.4% during the 4th quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company’s stock valued at $94,000 after acquiring an additional 2,800 shares in the last quarter. Finally, KBC Group NV boosted its holdings in Warrior Met Coal by 25.0% during the 4th quarter. KBC Group NV now owns 2,139 shares of the company’s stock worth $116,000 after acquiring an additional 428 shares during the last quarter. 92.28% of the stock is owned by institutional investors.

Warrior Met Coal Stock Performance

NYSE:HCC opened at $48.90 on Wednesday. The business’s fifty day moving average is $50.98 and its 200 day moving average is $57.72. The firm has a market cap of $2.57 billion, a price-to-earnings ratio of 10.21 and a beta of 1.10. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20. Warrior Met Coal, Inc. has a 52-week low of $44.62 and a 52-week high of $75.53.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings results 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). The firm had revenue of $297.47 million during the quarter, compared to analysts’ expectations of $331.70 million. Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. Research analysts predict that Warrior Met Coal, Inc. will post 4.86 EPS for the current year.

Warrior Met Coal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were given a $0.08 dividend. 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 0.65%. Warrior Met Coal’s dividend payout ratio (DPR) is presently 6.68%.

Wall Street Analysts Forecast Growth

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

Warrior Met Coal Company 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.