WINTON GROUP Ltd Has $548,000 Stake in Peabody Energy Corporation $BTU

WINTON GROUP Ltd trimmed its position in shares of Peabody Energy Corporation (NYSE:BTU) by 79.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,450 shares of the coal producer’s stock after selling 70,778 shares during the period. WINTON GROUP Ltd’s holdings in Peabody Energy were worth $548,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA bought a new stake in Peabody Energy during the fourth quarter worth about $90,603,000. RFG Advisory LLC bought a new stake in Peabody Energy during the third quarter worth about $772,000. American Century Companies Inc. lifted its position in Peabody Energy by 8.7% during the third quarter. American Century Companies Inc. now owns 4,425,459 shares of the coal producer’s stock worth $117,363,000 after purchasing an additional 354,099 shares during the period. Assenagon Asset Management S.A. bought a new stake in Peabody Energy during the fourth quarter worth about $8,345,000. Finally, State of New Jersey Common Pension Fund D bought a new stake in Peabody Energy during the fourth quarter worth about $2,219,000. 87.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on BTU shares. UBS Group dropped their target price on shares of Peabody Energy from $32.00 to $30.50 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Weiss Ratings reissued a “sell (d+)” rating on shares of Peabody Energy in a report on Wednesday, May 20th. Zacks Research cut shares of Peabody Energy from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 5th. Finally, B. Riley Financial cut shares of Peabody Energy from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $42.00 to $30.00 in a report on Thursday, April 30th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Peabody Energy has an average rating of “Hold” and a consensus target price of $34.13.

Peabody Energy Stock Performance

Peabody Energy stock opened at $26.26 on Thursday. The business has a 50 day moving average of $27.31 and a 200-day moving average of $30.97. Peabody Energy Corporation has a 1 year low of $12.58 and a 1 year high of $41.14. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.87 and a quick ratio of 1.37. The company has a market capitalization of $3.20 billion, a P/E ratio of -26.52 and a beta of 0.36.

Peabody Energy (NYSE:BTU) last released its quarterly earnings data on Tuesday, May 5th. The coal producer reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.40). Peabody Energy had a negative net margin of 3.07% and a negative return on equity of 2.80%. The firm had revenue of $973.30 million during the quarter, compared to analyst estimates of $977.42 million. During the same period in the prior year, the company earned $0.27 EPS. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. On average, equities research analysts predict that Peabody Energy Corporation will post 0.48 earnings per share for the current year.

Peabody Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 19th were paid a $0.075 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $0.30 annualized dividend and a dividend yield of 1.1%. Peabody Energy’s dividend payout ratio is currently -30.30%.

About Peabody Energy

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.