Empowered Funds LLC Purchases 11,256 Shares of Hallador Energy (NASDAQ:HNRG)

Empowered Funds LLC raised its position in shares of Hallador Energy (NASDAQ:HNRG) by 5.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 221,897 shares of the energy company’s stock after buying an additional 11,256 shares during the period. Empowered Funds LLC owned about 0.52% of Hallador Energy worth $2,092,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its holdings in Hallador Energy by 1.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 183,683 shares of the energy company’s stock worth $1,427,000 after purchasing an additional 3,017 shares in the last quarter. Exchange Traded Concepts LLC lifted its holdings in Hallador Energy by 66.4% in the third quarter. Exchange Traded Concepts LLC now owns 10,357 shares of the energy company’s stock worth $98,000 after buying an additional 4,132 shares during the period. Janney Montgomery Scott LLC boosted its position in Hallador Energy by 10.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 53,172 shares of the energy company’s stock valued at $283,000 after acquiring an additional 4,887 shares in the last quarter. CWM LLC grew its holdings in shares of Hallador Energy by 154.4% during the 3rd quarter. CWM LLC now owns 8,227 shares of the energy company’s stock worth $78,000 after acquiring an additional 4,993 shares during the period. Finally, Rhumbline Advisers raised its position in shares of Hallador Energy by 16.1% in the 2nd quarter. Rhumbline Advisers now owns 37,757 shares of the energy company’s stock worth $293,000 after acquiring an additional 5,241 shares in the last quarter. Institutional investors own 61.38% of the company’s stock.

Insider Buying and Selling at Hallador Energy

In related news, Director David C. Hardie sold 23,604 shares of Hallador Energy stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $13.11, for a total transaction of $309,448.44. Following the completion of the transaction, the director now directly owns 2,106,819 shares of the company’s stock, valued at approximately $27,620,397.09. The trade was a 1.11 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Zarrell Thomas Gray purchased 14,000 shares of Hallador Energy stock in a transaction dated Monday, August 26th. The stock was acquired at an average price of $6.36 per share, for a total transaction of $89,040.00. Following the completion of the acquisition, the director now owns 47,000 shares of the company’s stock, valued at approximately $298,920. This trade represents a 42.42 % increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 41,000 shares of company stock valued at $251,290 in the last three months. 32.30% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on HNRG. StockNews.com cut shares of Hallador Energy from a “hold” rating to a “sell” rating in a report on Sunday, August 18th. B. Riley boosted their price objective on shares of Hallador Energy from $9.00 to $13.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th.

Hallador Energy Stock Up 0.5 %

Hallador Energy stock opened at $12.95 on Thursday. The stock has a market cap of $551.93 million, a PE ratio of -23.55 and a beta of 0.62. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.17 and a current ratio of 0.58. The stock has a fifty day moving average of $9.58 and a 200 day moving average of $7.98. Hallador Energy has a one year low of $4.33 and a one year high of $13.57.

Hallador Energy (NASDAQ:HNRG) last issued its quarterly earnings data on Tuesday, November 12th. The energy company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.14. The firm had revenue of $105.04 million during the quarter, compared to the consensus estimate of $117.10 million. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. During the same quarter in the previous year, the firm posted $0.47 EPS. As a group, sell-side analysts predict that Hallador Energy will post -0.31 EPS for the current year.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.