UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 8,207 Shares of Warrior Met Coal $HCC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Warrior Met Coal (NYSE:HCC) by 9.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 92,189 shares of the company’s stock after acquiring an additional 8,207 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.17% of Warrior Met Coal worth $7,482,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in Warrior Met Coal during the 2nd quarter valued at approximately $606,503,000. Adage Capital Partners GP L.L.C. lifted its position in shares of Warrior Met Coal by 130.4% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,889,025 shares of the company’s stock worth $86,574,000 after purchasing an additional 1,069,025 shares during the period. UBS Group AG boosted its stake in shares of Warrior Met Coal by 219.2% in the 3rd quarter. UBS Group AG now owns 1,554,071 shares of the company’s stock valued at $98,901,000 after purchasing an additional 1,067,247 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Warrior Met Coal by 2,821,294.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 987,488 shares of the company’s stock valued at $87,067,000 after purchasing an additional 987,453 shares during the last quarter. Finally, State Street Corp increased its position in shares of Warrior Met Coal by 25.2% during the second quarter. State Street Corp now owns 4,099,070 shares of the company’s stock worth $187,860,000 after buying an additional 825,807 shares during the period. 92.28% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

HCC has been the subject of a number of analyst reports. Wall Street Zen raised shares of Warrior Met Coal from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. UBS Group decreased their price target on Warrior Met Coal from $100.00 to $98.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Weiss Ratings raised Warrior Met Coal from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 11th. B. Riley Financial boosted their price objective on Warrior Met Coal from $117.00 to $123.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Finally, Zacks Research lowered Warrior Met Coal from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $102.60.

Warrior Met Coal Price Performance

Shares of NYSE:HCC opened at $104.50 on Tuesday. Warrior Met Coal has a twelve month low of $55.77 and a twelve month high of $111.42. The stock’s 50 day moving average is $90.29 and its 200-day moving average is $89.77. The company has a quick ratio of 2.79, a current ratio of 3.93 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $5.52 billion, a price-to-earnings ratio of 25.12 and a beta of 0.67.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $1.65 earnings per share (EPS) for the quarter, beating 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 business 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 firm posted $0.11 EPS. Warrior Met Coal’s revenue was up 71.3% compared to the same quarter last year. Sell-side analysts forecast that Warrior Met Coal will post 5.74 EPS for the current fiscal year.

Warrior Met Coal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders 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 dividend yield of 0.3%. The ex-dividend date was Monday, August 10th. Warrior Met Coal’s dividend payout ratio (DPR) is currently 7.69%.

Insider Activity

In related news, Director Stephen Williams sold 4,800 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $104.23, for a total value of $500,304.00. Following the sale, the director owned 30,303 shares in the company, valued at $3,158,481.69. This represents a 13.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Walter J. Scheller sold 50,000 shares of the firm’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $110.00, for a total transaction of $5,500,000.00. Following the completion of the transaction, the chief executive officer directly owned 267,793 shares in the company, valued at approximately $29,457,230. The trade was a 15.73% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 104,800 shares of company stock valued at $11,250,304. 2.10% of the stock is currently owned by insiders.

Warrior Met Coal Company Profile

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.