Peabody Energy Co. (NYSE:BTU) Shares Bought by Hudson Bay Capital Management LP

Hudson Bay Capital Management LP raised its position in Peabody Energy Co. (NYSE:BTU) by 30.4% during the 4th quarter, Holdings Channel reports. The firm owned 1,543,915 shares of the coal producer’s stock after acquiring an additional 360,000 shares during the quarter. Hudson Bay Capital Management LP’s holdings in Peabody Energy were worth $32,330,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Steward Partners Investment Advisory LLC lifted its holdings in shares of Peabody Energy by 144.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,951 shares of the coal producer’s stock valued at $83,000 after purchasing an additional 2,333 shares in the last quarter. Aquatic Capital Management LLC purchased a new stake in shares of Peabody Energy in the fourth quarter valued at $3,474,000. Rhumbline Advisers increased its position in Peabody Energy by 2.4% during the 4th quarter. Rhumbline Advisers now owns 327,601 shares of the coal producer’s stock worth $6,860,000 after purchasing an additional 7,586 shares in the last quarter. Elevate Capital Advisors LLC acquired a new position in Peabody Energy in the 4th quarter valued at about $1,889,000. Finally, Sanctuary Advisors LLC lifted its holdings in Peabody Energy by 15.7% in the 4th quarter. Sanctuary Advisors LLC now owns 43,766 shares of the coal producer’s stock valued at $916,000 after purchasing an additional 5,940 shares in the last quarter. Institutional investors and hedge funds own 87.44% of the company’s stock.

Peabody Energy Trading Up 0.5 %

BTU stock opened at $14.23 on Friday. The company has a quick ratio of 1.68, a current ratio of 2.15 and a debt-to-equity ratio of 0.27. The company has a market cap of $1.73 billion, a price-to-earnings ratio of 5.27 and a beta of 0.49. The business has a fifty day simple moving average of $12.94 and a 200-day simple moving average of $18.17. Peabody Energy Co. has a 52 week low of $9.61 and a 52 week high of $29.94.

Peabody Energy (NYSE:BTU) last posted its earnings results on Tuesday, May 6th. The coal producer reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.20. The firm had revenue of $937.00 million during the quarter, compared to the consensus estimate of $976.57 million. Peabody Energy had a net margin of 8.75% and a return on equity of 10.33%. The company’s revenue was down 4.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.30 EPS. On average, equities research analysts expect that Peabody Energy Co. will post 2.61 EPS for the current year.

Peabody Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Thursday, May 15th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.30 dividend on an annualized basis and a yield of 2.11%. Peabody Energy’s dividend payout ratio (DPR) is 11.11%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. B. Riley lowered their price target on shares of Peabody Energy from $27.00 to $19.00 and set a “buy” rating for the company in a report on Friday, April 11th. Benchmark reduced their price target on Peabody Energy from $26.00 to $23.00 and set a “buy” rating on the stock in a research note on Wednesday.

Peabody Energy Company Profile

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.