Two Sigma Securities LLC Buys Shares of 5,906 Warrior Met Coal $HCC

Two Sigma Securities LLC purchased a new position in shares of Warrior Met Coal (NYSE:HCC) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,906 shares of the company’s stock, valued at approximately $479,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Benjamin Edwards Inc. acquired a new stake in Warrior Met Coal during the 2nd quarter worth approximately $357,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Warrior Met Coal by 9.8% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 92,189 shares of the company’s stock worth $7,482,000 after purchasing an additional 8,207 shares during the last quarter. Van ECK Associates Corp increased its holdings in Warrior Met Coal by 10.1% in the second quarter. Van ECK Associates Corp now owns 53,013 shares of the company’s stock valued at $4,303,000 after purchasing an additional 4,869 shares during the period. Empowered Funds LLC bought a new position in Warrior Met Coal during the 2nd quarter worth $2,293,000. Finally, Lifetime Wealth Management P.C. bought a new position in Warrior Met Coal during the 2nd quarter worth $3,172,000. Institutional investors and hedge funds own 92.28% of the company’s stock.

Insider Activity at Warrior Met Coal

In related news, CEO Walter J. Scheller sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $105.00, for a total transaction of $5,250,000.00. Following the sale, the chief executive officer owned 317,793 shares of the company’s stock, valued at approximately $33,368,265. This represents a 13.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Stephen D. Williams sold 4,800 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $104.23, for a total value of $500,304.00. Following the completion of the transaction, the director owned 30,303 shares in the company, valued at $3,158,481.69. This represents a 13.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 104,800 shares of company stock valued at $11,250,304. 2.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on HCC shares. Citigroup reissued a “buy” rating on shares of Warrior Met Coal in a research note on Wednesday, June 10th. B. Riley Financial increased their price objective on shares of Warrior Met Coal from $117.00 to $123.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. UBS Group dropped their price objective on Warrior Met Coal from $100.00 to $98.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of Warrior Met Coal from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 11th. Finally, Zacks Research lowered Warrior Met Coal from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $102.60.

Warrior Met Coal Stock Up 2.4%

Shares of NYSE HCC opened at $108.74 on Thursday. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.93 and a quick ratio of 2.79. The stock has a market capitalization of $5.74 billion, a PE ratio of 26.14 and a beta of 0.67. Warrior Met Coal has a one year low of $54.66 and a one year high of $111.42. The business’s fifty day moving average price is $88.99 and its 200-day moving average price is $89.38.

Warrior Met Coal (NYSE:HCC) last posted its earnings results on Wednesday, August 5th. The company reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.25. Warrior Met Coal had a net margin of 13.05% and a return on equity of 10.02%. The firm had revenue of $509.69 million during the quarter, compared to the consensus estimate of $488.46 million. During the same quarter last year, the company earned $0.11 earnings per share. The company’s revenue was up 71.3% on a year-over-year basis. On average, equities research analysts anticipate that Warrior Met Coal will post 5.74 EPS for the current year.

Warrior Met Coal Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, August 10th. Warrior Met Coal’s payout ratio is presently 7.69%.

About Warrior Met Coal

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.