Y Intercept Hong Kong Ltd Sells 30,002 Shares of Hallador Energy Company $HNRG

Y Intercept Hong Kong Ltd lessened its stake in Hallador Energy Company (NASDAQ:HNRG) by 22.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 101,017 shares of the energy company’s stock after selling 30,002 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Hallador Energy were worth $1,977,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Ameriprise Financial Inc. bought a new stake in shares of Hallador Energy in the 2nd quarter valued at about $18,735,000. CenterBook Partners LP boosted its stake in Hallador Energy by 2,371.9% in the second quarter. CenterBook Partners LP now owns 786,671 shares of the energy company’s stock valued at $12,453,000 after acquiring an additional 754,846 shares in the last quarter. Millennium Management LLC boosted its stake in Hallador Energy by 1,233.6% in the first quarter. Millennium Management LLC now owns 486,532 shares of the energy company’s stock valued at $5,975,000 after acquiring an additional 450,049 shares in the last quarter. Prudential Financial Inc. purchased a new position in Hallador Energy in the second quarter worth $6,910,000. Finally, Acadian Asset Management LLC increased its position in shares of Hallador Energy by 546.8% during the second quarter. Acadian Asset Management LLC now owns 425,584 shares of the energy company’s stock worth $6,735,000 after purchasing an additional 359,789 shares in the last quarter. 61.38% of the stock is owned by hedge funds and other institutional investors.

Hallador Energy Stock Down 2.5%

NASDAQ:HNRG opened at $18.21 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.66 and a quick ratio of 0.31. The company’s fifty day moving average price is $19.74 and its 200-day moving average price is $18.97. Hallador Energy Company has a 1-year low of $8.37 and a 1-year high of $24.70. The firm has a market capitalization of $798.14 million, a P/E ratio of -4.06 and a beta of 0.26.

Hallador Energy (NASDAQ:HNRG) last posted its earnings results on Monday, November 10th. The energy company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.49. Hallador Energy had a negative net margin of 37.57% and a positive return on equity of 33.97%. The company had revenue of $146.85 million during the quarter, compared to the consensus estimate of $110.92 million. As a group, equities research analysts anticipate that Hallador Energy Company will post -0.31 EPS for the current year.

Insider Activity

In related news, Director Charles Ray Iv Wesley bought 20,000 shares of the stock in a transaction dated Wednesday, December 17th. The shares were purchased at an average price of $17.83 per share, for a total transaction of $356,600.00. Following the completion of the purchase, the director directly owned 267,914 shares of the company’s stock, valued at $4,776,906.62. This represents a 8.07% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 23.73% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on HNRG. Wall Street Zen raised Hallador Energy from a “hold” rating to a “buy” rating in a research report on Sunday, October 26th. Alliance Global Partners reiterated a “buy” rating on shares of Hallador Energy in a research note on Tuesday, November 11th. Industrial Alliance Securities set a $28.00 price target on Hallador Energy in a report on Tuesday, November 11th. Weiss Ratings restated a “sell (d-)” rating on shares of Hallador Energy in a report on Thursday, January 22nd. Finally, Zacks Research lowered shares of Hallador Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Hallador Energy presently has a consensus rating of “Hold” and an average price target of $22.67.

About Hallador Energy

Hallador Energy Company is a coal producer and mine operator trading on NASDAQ under the symbol HNRG. The company’s primary business activities center on the production and sale of bituminous thermal coal. Hallador’s operations encompass two surface mines: the Shoal Creek Mine located in southwestern Indiana and the Bull Mountain Mine situated in eastern Montana. Both sites are designed to extract high-quality coal reserves for the power generation market.

Hallador Energy markets its coal primarily to electric utilities and industrial customers across the United States.