WINTON GROUP Ltd Decreases Stake in Warrior Met Coal $HCC

WINTON GROUP Ltd cut its holdings in Warrior Met Coal (NYSE:HCC) by 25.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 16,714 shares of the company’s stock after selling 5,590 shares during the quarter. WINTON GROUP Ltd’s holdings in Warrior Met Coal were worth $1,474,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Victory Capital Management Inc. boosted its stake in shares of Warrior Met Coal by 7.3% in the third quarter. Victory Capital Management Inc. now owns 818,593 shares of the company’s stock valued at $52,095,000 after buying an additional 55,416 shares in the last quarter. Capital International Investors boosted its stake in shares of Warrior Met Coal by 27.1% in the third quarter. Capital International Investors now owns 852,403 shares of the company’s stock valued at $54,247,000 after buying an additional 181,975 shares in the last quarter. Affinity Wealth Management LLC purchased a new stake in shares of Warrior Met Coal in the third quarter valued at approximately $2,167,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Warrior Met Coal by 2,821,294.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 987,488 shares of the company’s stock valued at $87,067,000 after buying an additional 987,453 shares in the last quarter. Finally, Waratah Capital Advisors Ltd. purchased a new stake in shares of Warrior Met Coal in the third quarter valued at approximately $3,651,000. 92.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on HCC shares. Zacks Research downgraded Warrior Met Coal from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 5th. Wall Street Zen upgraded Warrior Met Coal from a “hold” rating to a “buy” rating in a research note on Sunday, February 15th. Citigroup lifted their price target on Warrior Met Coal from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, March 18th. B. Riley Financial reaffirmed a “buy” rating on shares of Warrior Met Coal in a report on Friday, February 13th. Finally, UBS Group reduced their price objective on Warrior Met Coal from $104.00 to $102.00 and set a “buy” rating for the company in a report on Friday, May 1st. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Warrior Met Coal currently has an average rating of “Hold” and an average price target of $102.80.

Insider Buying and Selling

In related news, insider Kelli K. Gant sold 20,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $110.00, for a total value of $2,200,000.00. Following the completion of the transaction, the insider directly owned 67,775 shares in the company, valued at approximately $7,455,250. This represents a 22.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 2.10% of the company’s stock.

Warrior Met Coal Stock Performance

NYSE HCC opened at $99.12 on Tuesday. Warrior Met Coal has a fifty-two week low of $40.80 and a fifty-two week high of $110.39. The stock has a market cap of $5.23 billion, a price-to-earnings ratio of 37.83 and a beta of 0.62. The business has a fifty day moving average of $91.15 and a 200-day moving average of $88.70. The company has a quick ratio of 2.42, a current ratio of 3.48 and a debt-to-equity ratio of 0.11.

Warrior Met Coal (NYSE:HCC) last released its earnings results on Thursday, April 30th. The company reported $1.37 EPS for the quarter, missing the consensus estimate of $1.41 by ($0.04). The business had revenue of $458.59 million during the quarter, compared to analyst estimates of $467.57 million. Warrior Met Coal had a net margin of 9.36% and a return on equity of 6.44%. The business’s revenue for the quarter was up 52.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.16) earnings per share. As a group, analysts predict that Warrior Met Coal will post 6.78 earnings per share for the current fiscal year.

Warrior Met Coal Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 7th. Investors of record on Friday, May 1st were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, May 1st. Warrior Met Coal’s dividend payout ratio is presently 12.21%.

Warrior Met Coal Profile

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.