Cambridge Investment Research Advisors Inc. Makes New Investment in Hallador Energy (NASDAQ:HNRG)

Cambridge Investment Research Advisors Inc. acquired a new position in shares of Hallador Energy (NASDAQ:HNRG) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 10,200 shares of the energy company’s stock, valued at approximately $27,000.

A number of other institutional investors have also modified their holdings of the business. Morgan Stanley grew its position in Hallador Energy by 20.5% during the 1st quarter. Morgan Stanley now owns 39,472 shares of the energy company’s stock worth $74,000 after purchasing an additional 6,709 shares during the last quarter. WINTON GROUP Ltd grew its position in Hallador Energy by 7.3% during the 2nd quarter. WINTON GROUP Ltd now owns 98,165 shares of the energy company’s stock worth $265,000 after purchasing an additional 6,716 shares during the last quarter. Renaissance Technologies LLC grew its position in Hallador Energy by 0.9% during the 1st quarter. Renaissance Technologies LLC now owns 1,154,955 shares of the energy company’s stock worth $2,160,000 after purchasing an additional 10,697 shares during the last quarter. Gemmer Asset Management LLC acquired a new stake in shares of Hallador Energy in the 2nd quarter worth $34,000. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Hallador Energy by 133.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 61,626 shares of the energy company’s stock worth $115,000 after acquiring an additional 35,201 shares during the period. 20.87% of the stock is currently owned by institutional investors.

HNRG stock opened at $3.59 on Thursday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.28 and a current ratio of 0.82. Hallador Energy has a one year low of $0.71 and a one year high of $4.58. The company has a fifty day moving average of $2.61 and a 200-day moving average of $2.53. The stock has a market capitalization of $109.90 million, a PE ratio of -16.32 and a beta of 1.00.

Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings data on Sunday, August 8th. The energy company reported ($0.10) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.16). Hallador Energy had a negative net margin of 2.92% and a negative return on equity of 2.91%. The company had revenue of $55.64 million during the quarter, compared to analyst estimates of $59.40 million. Equities analysts forecast that Hallador Energy will post -0.11 earnings per share for the current fiscal year.

Separately, Zacks Investment Research upgraded shares of Hallador Energy from a “hold” rating to a “buy” rating and set a $4.50 target price for the company in a research note on Tuesday.

Hallador Energy Profile

Hallador Energy Co engages in business through its subsidiary, Sunrise Coal, LLC, which produces coal in the Illinois Basin for the electric power generation industry. It also owns summit terminal, a transport facility on the Ohio River. The company was founded by David C. Hardie in 1951 and is headquartered in Terre Haute, IN.

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Institutional Ownership by Quarter for Hallador Energy (NASDAQ:HNRG)

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