Dynamic Technology Lab Private Ltd Takes $449,000 Position in Warrior Met Coal, Inc. (NYSE:HCC)

Dynamic Technology Lab Private Ltd bought a new position in shares of Warrior Met Coal, Inc. (NYSE:HCC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 8,276 shares of the company’s stock, valued at approximately $449,000.

Other large investors have also added to or reduced their stakes in the company. HighTower Advisors LLC increased its holdings in Warrior Met Coal by 10.8% in the 3rd quarter. HighTower Advisors LLC now owns 5,564 shares of the company’s stock valued at $357,000 after acquiring an additional 544 shares during the last quarter. State Street Corp boosted its stake in Warrior Met Coal by 4.9% during the third quarter. State Street Corp now owns 3,404,237 shares of the company’s stock valued at $217,531,000 after buying an additional 158,722 shares during the last quarter. Wellington Management Group LLP grew its holdings in Warrior Met Coal by 141.8% during the 3rd quarter. Wellington Management Group LLP now owns 244,151 shares of the company’s stock valued at $15,601,000 after buying an additional 143,196 shares in the last quarter. Zacks Investment Management bought a new stake in Warrior Met Coal in the 3rd quarter worth approximately $493,000. Finally, Barclays PLC raised its holdings in shares of Warrior Met Coal by 413.2% during the 3rd quarter. Barclays PLC now owns 101,302 shares of the company’s stock worth $6,474,000 after acquiring an additional 81,561 shares in the last quarter. Hedge funds and other institutional investors own 92.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Jefferies Financial Group decreased their price target on shares of Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. B. Riley lowered their price target on shares of Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating for the company in a report on Tuesday, February 18th. Finally, Benchmark restated a “hold” rating on shares of Warrior Met Coal in a research report on Friday, February 14th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Warrior Met Coal currently has a consensus rating of “Moderate Buy” and an average target price of $74.00.

Warrior Met Coal Stock Up 6.4 %

NYSE:HCC opened at $43.48 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20. The stock has a market capitalization of $2.29 billion, a P/E ratio of 9.08 and a beta of 0.80. The company’s 50-day simple moving average is $48.98 and its 200-day simple moving average is $57.09. Warrior Met Coal, Inc. has a fifty-two week low of $38.00 and a fifty-two week high of $75.53.

Warrior Met Coal (NYSE:HCC) last announced its earnings results on Thursday, February 13th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.34). Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. The business had revenue of $297.47 million for the quarter, compared to analyst estimates of $331.70 million. On average, equities analysts anticipate that Warrior Met Coal, Inc. will post 4.86 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 Monday, March 3rd. Investors of record on Monday, February 24th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.32 dividend on an annualized basis and a yield of 0.74%. Warrior Met Coal’s dividend payout ratio is presently 6.68%.

Warrior Met Coal Profile

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.