Warrior Met Coal $HCC Shares Acquired by O Keefe Stevens Advisory Inc.

O Keefe Stevens Advisory Inc. raised its stake in shares of Warrior Met Coal (NYSE:HCC) by 4.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 287,526 shares of the company’s stock after acquiring an additional 11,506 shares during the period. Warrior Met Coal makes up 3.7% of O Keefe Stevens Advisory Inc.’s holdings, making the stock its 9th biggest holding. O Keefe Stevens Advisory Inc.’s holdings in Warrior Met Coal were worth $13,177,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC increased its position in shares of Warrior Met Coal by 23.1% during the second quarter. GAMMA Investing LLC now owns 1,346 shares of the company’s stock valued at $62,000 after acquiring an additional 253 shares during the last quarter. Covestor Ltd grew its holdings in shares of Warrior Met Coal by 14.6% in the first quarter. Covestor Ltd now owns 2,622 shares of the company’s stock valued at $125,000 after purchasing an additional 335 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Warrior Met Coal by 5,565.4% in the first quarter. Farther Finance Advisors LLC now owns 2,946 shares of the company’s stock valued at $142,000 after purchasing an additional 2,894 shares in the last quarter. KBC Group NV grew its holdings in shares of Warrior Met Coal by 41.8% in the first quarter. KBC Group NV now owns 3,033 shares of the company’s stock valued at $145,000 after purchasing an additional 894 shares in the last quarter. Finally, FNY Investment Advisers LLC grew its holdings in shares of Warrior Met Coal by 325.0% in the first quarter. FNY Investment Advisers LLC now owns 3,400 shares of the company’s stock valued at $162,000 after purchasing an additional 2,600 shares in the last quarter. 92.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently weighed in on HCC shares. Zacks Research upgraded shares of Warrior Met Coal from a “strong sell” rating to a “hold” rating in a report on Monday, September 22nd. B. Riley dropped their price objective on shares of Warrior Met Coal from $76.00 to $74.00 and set a “buy” rating for the company in a report on Tuesday, July 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of Warrior Met Coal in a report on Saturday, September 27th. BMO Capital Markets set a $55.00 price objective on shares of Warrior Met Coal and gave the company a “market perform” rating in a report on Thursday, August 7th. Finally, UBS Group lifted their price objective on shares of Warrior Met Coal from $50.00 to $60.00 and gave the company a “neutral” rating in a report on Wednesday, August 20th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Warrior Met Coal presently has a consensus rating of “Hold” and an average price target of $63.50.

Warrior Met Coal Stock Down 0.7%

Shares of Warrior Met Coal stock opened at $64.16 on Friday. Warrior Met Coal has a 52-week low of $38.00 and a 52-week high of $75.15. The company has a 50 day moving average of $59.46 and a 200 day moving average of $51.80. The company has a quick ratio of 3.44, a current ratio of 4.59 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $3.37 billion, a P/E ratio of 83.32 and a beta of 0.78.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings results on Wednesday, August 6th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.28) by $0.39. Warrior Met Coal had a net margin of 3.30% and a return on equity of 2.26%. The company had revenue of $297.52 million during the quarter, compared to the consensus estimate of $285.63 million. During the same quarter in the previous year, the firm earned $1.35 earnings per share. The firm’s quarterly revenue was down 25.0% on a year-over-year basis. As a group, research analysts forecast that Warrior Met Coal will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, August 8th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Friday, August 8th. Warrior Met Coal’s payout ratio is currently 41.56%.

Warrior Met Coal 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.