Trexquant Investment LP Has $3.77 Million Holdings in Alpha Metallurgical Resources, Inc. (NYSE:AMR)

Trexquant Investment LP decreased its position in shares of Alpha Metallurgical Resources, Inc. (NYSE:AMR) by 9.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,848 shares of the energy company’s stock after selling 2,037 shares during the quarter. Trexquant Investment LP’s holdings in Alpha Metallurgical Resources were worth $3,772,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. New Age Alpha Advisors LLC bought a new position in Alpha Metallurgical Resources in the fourth quarter valued at about $40,000. FNY Investment Advisers LLC bought a new position in Alpha Metallurgical Resources in the 4th quarter valued at approximately $50,000. PNC Financial Services Group Inc. boosted its position in Alpha Metallurgical Resources by 127.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 289 shares of the energy company’s stock worth $58,000 after buying an additional 162 shares during the period. GAMMA Investing LLC grew its holdings in Alpha Metallurgical Resources by 127.7% during the 4th quarter. GAMMA Investing LLC now owns 312 shares of the energy company’s stock worth $62,000 after acquiring an additional 175 shares during the last quarter. Finally, Jones Financial Companies Lllp acquired a new position in Alpha Metallurgical Resources in the 4th quarter valued at approximately $82,000. Institutional investors and hedge funds own 84.29% of the company’s stock.

Alpha Metallurgical Resources Stock Performance

AMR stock opened at $107.88 on Monday. The company has a market capitalization of $1.41 billion, a P/E ratio of 3.96 and a beta of 1.08. The company has a fifty day moving average price of $150.41 and a 200-day moving average price of $194.14. Alpha Metallurgical Resources, Inc. has a 52-week low of $101.40 and a 52-week high of $361.17.

Alpha Metallurgical Resources (NYSE:AMR) last announced its earnings results on Friday, February 28th. The energy company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.09). Alpha Metallurgical Resources had a return on equity of 22.65% and a net margin of 11.08%. The company had revenue of $617.30 million for the quarter, compared to the consensus estimate of $658.20 million. During the same period in the prior year, the business earned $12.88 earnings per share. The firm’s revenue for the quarter was down 35.7% on a year-over-year basis. As a group, sell-side analysts forecast that Alpha Metallurgical Resources, Inc. will post 14.31 earnings per share for the current fiscal year.

About Alpha Metallurgical Resources

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine 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.