O Brien Greene & Co. Inc decreased its position in shares of Peabody Energy Co. (NYSE:BTU – Free Report) by 11.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,736 shares of the coal producer’s stock after selling 3,290 shares during the quarter. O Brien Greene & Co. Inc’s holdings in Peabody Energy were worth $539,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in the business. Pacer Advisors Inc. grew its position in Peabody Energy by 265,937.3% in the third quarter. Pacer Advisors Inc. now owns 8,023,686 shares of the coal producer’s stock worth $212,949,000 after acquiring an additional 8,020,670 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Peabody Energy by 113.5% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,350,855 shares of the coal producer’s stock valued at $28,287,000 after purchasing an additional 718,274 shares during the last quarter. State Street Corp boosted its holdings in shares of Peabody Energy by 7.6% in the 3rd quarter. State Street Corp now owns 7,631,707 shares of the coal producer’s stock worth $202,546,000 after purchasing an additional 540,219 shares during the period. Yaupon Capital Management LP bought a new position in shares of Peabody Energy during the 3rd quarter valued at approximately $8,484,000. Finally, Rockefeller Capital Management L.P. raised its holdings in Peabody Energy by 547.9% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 273,529 shares of the coal producer’s stock valued at $7,259,000 after buying an additional 231,309 shares during the period. Institutional investors own 87.44% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on BTU shares. Jefferies Financial Group decreased their price target on Peabody Energy from $30.00 to $26.00 and set a “buy” rating for the company in a research note on Monday, January 6th. Benchmark dropped their target price on Peabody Energy from $30.00 to $26.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. Finally, BMO Capital Markets raised shares of Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 price objective on the stock in a report on Monday, December 16th.
Peabody Energy Price Performance
NYSE:BTU opened at $14.98 on Thursday. Peabody Energy Co. has a one year low of $14.87 and a one year high of $29.94. The stock has a market cap of $1.82 billion, a PE ratio of 5.55 and a beta of 0.95. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.68 and a current ratio of 2.15. The stock has a 50 day moving average price of $19.12 and a 200 day moving average price of $22.54.
Peabody Energy (NYSE:BTU – Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The coal producer reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.25). Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%. Equities research analysts expect that Peabody Energy Co. will post 2.61 EPS for the current fiscal year.
Peabody Energy Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Wednesday, February 19th will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Wednesday, February 19th. Peabody Energy’s dividend payout ratio is presently 11.11%.
Peabody Energy Profile
Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.
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