Oppenheimer & Co. Inc. Invests $261,000 in Alpha Metallurgical Resources, Inc. (NYSE:AMR)

Oppenheimer & Co. Inc. bought a new position in Alpha Metallurgical Resources, Inc. (NYSE:AMRFree Report) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 1,004 shares of the energy company’s stock, valued at approximately $261,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Virginia Retirement Systems ET AL purchased a new stake in shares of Alpha Metallurgical Resources in the 2nd quarter valued at about $2,712,000. Raymond James & Associates raised its holdings in shares of Alpha Metallurgical Resources by 203.8% in the 3rd quarter. Raymond James & Associates now owns 9,546 shares of the energy company’s stock valued at $2,479,000 after acquiring an additional 6,404 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of Alpha Metallurgical Resources by 14.2% in the 2nd quarter. Renaissance Technologies LLC now owns 672,615 shares of the energy company’s stock valued at $110,551,000 after acquiring an additional 83,700 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Alpha Metallurgical Resources by 52.5% in the 3rd quarter. Principal Financial Group Inc. now owns 12,182 shares of the energy company’s stock valued at $3,164,000 after acquiring an additional 4,193 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Alpha Metallurgical Resources by 24.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 644,364 shares of the energy company’s stock valued at $105,908,000 after acquiring an additional 127,573 shares in the last quarter. Hedge funds and other institutional investors own 76.31% of the company’s stock.

Alpha Metallurgical Resources Stock Up 1.0 %

NYSE:AMR opened at $373.69 on Tuesday. The business’s 50-day moving average price is $355.26 and its two-hundred day moving average price is $271.05. Alpha Metallurgical Resources, Inc. has a twelve month low of $132.72 and a twelve month high of $411.20. The stock has a market cap of $5.67 billion, a P/E ratio of 7.60 and a beta of 1.40.

Alpha Metallurgical Resources Company Profile

(Free Report)

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. As of December 31, 2022, it operated twenty four active mines and eight coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.

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Institutional Ownership by Quarter for Alpha Metallurgical Resources (NYSE:AMR)

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