Vontobel Holding Ltd. Makes New $1.83 Million Investment in Peabody Energy Corporation $BTU

Vontobel Holding Ltd. acquired a new stake in shares of Peabody Energy Corporation (NYSE:BTU) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 69,000 shares of the coal producer’s stock, valued at approximately $1,830,000.

Several other hedge funds also recently made changes to their positions in BTU. Smartleaf Asset Management LLC raised its holdings in Peabody Energy by 104.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,006 shares of the coal producer’s stock valued at $25,000 after buying an additional 1,024 shares during the last quarter. Nisa Investment Advisors LLC grew its holdings in Peabody Energy by 57.7% in the 2nd quarter. Nisa Investment Advisors LLC now owns 2,229 shares of the coal producer’s stock worth $30,000 after acquiring an additional 816 shares during the last quarter. Signaturefd LLC increased its position in shares of Peabody Energy by 48.5% in the second quarter. Signaturefd LLC now owns 2,353 shares of the coal producer’s stock valued at $32,000 after acquiring an additional 768 shares during the period. Elevation Point Wealth Partners LLC bought a new position in shares of Peabody Energy during the second quarter valued at about $34,000. Finally, GAMMA Investing LLC boosted its holdings in shares of Peabody Energy by 65.2% during the second quarter. GAMMA Investing LLC now owns 3,886 shares of the coal producer’s stock worth $52,000 after purchasing an additional 1,533 shares during the period. 87.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

BTU has been the topic of a number of research analyst reports. UBS Group boosted their price target on Peabody Energy from $27.00 to $29.00 and gave the company a “neutral” rating in a report on Friday, December 12th. B. Riley boosted their target price on Peabody Energy from $18.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, September 9th. Weiss Ratings restated a “sell (d+)” rating on shares of Peabody Energy in a report on Monday. Zacks Research cut shares of Peabody Energy from a “hold” rating to a “strong sell” rating in a report on Thursday, October 30th. Finally, Wall Street Zen downgraded shares of Peabody Energy from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $27.75.

Peabody Energy Trading Down 1.4%

BTU opened at $30.34 on Friday. The company has a quick ratio of 1.49, a current ratio of 1.99 and a debt-to-equity ratio of 0.09. Peabody Energy Corporation has a 52 week low of $9.61 and a 52 week high of $35.99. The stock has a market cap of $3.69 billion, a PE ratio of -104.63 and a beta of 0.57. The business has a 50 day moving average of $28.71 and a 200-day moving average of $22.39.

Peabody Energy (NYSE:BTU) last posted its quarterly earnings data on Thursday, October 30th. The coal producer reported ($0.58) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.39). The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $990.20 million. Peabody Energy had a negative return on equity of 0.25% and a negative net margin of 0.83%.Peabody Energy’s revenue for the quarter was down 7.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.74 EPS. Equities research analysts predict that Peabody Energy Corporation will post 2.61 earnings per share for the current fiscal year.

Peabody Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 3rd. Investors of record on Thursday, November 13th were paid a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, November 13th. Peabody Energy’s dividend payout ratio (DPR) is presently -103.45%.

Peabody Energy Profile

Peabody Energy Corporation is one of the world’s largest private-sector coal companies, engaged primarily in the production and sale of metallurgical and thermal coal. The company’s operations span surface and underground mines, serving utilities, steel mills and other industrial customers that rely on coal as an essential component in power generation and steelmaking. Peabody’s product portfolio includes high-energy thermal coal for electricity generation and low-volatile metallurgical coal used in steel production, reflecting its diverse end-market reach.

Founded in 1883, Peabody Energy has grown from a regional mining concern into a global energy supplier.