Warrior Met Coal $HCC Stock Holdings Boosted by Mudita Advisors LLP

Mudita Advisors LLP lifted its stake in shares of Warrior Met Coal (NYSE:HCC) by 5.8% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 417,165 shares of the company’s stock after buying an additional 22,795 shares during the period. Warrior Met Coal comprises about 10.1% of Mudita Advisors LLP’s holdings, making the stock its 2nd largest position. Mudita Advisors LLP’s holdings in Warrior Met Coal were worth $19,907,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Covestor Ltd increased its position in shares of Warrior Met Coal by 14.6% during the first quarter. Covestor Ltd now owns 2,622 shares of the company’s stock valued at $125,000 after buying an additional 335 shares during the period. Farther Finance Advisors LLC increased its position in shares of Warrior Met Coal by 5,565.4% during the first quarter. Farther Finance Advisors LLC now owns 2,946 shares of the company’s stock valued at $142,000 after buying an additional 2,894 shares during the period. KBC Group NV increased its position in shares of Warrior Met Coal by 41.8% during the first quarter. KBC Group NV now owns 3,033 shares of the company’s stock valued at $145,000 after buying an additional 894 shares during the period. FNY Investment Advisers LLC increased its position in shares of Warrior Met Coal by 325.0% during the first quarter. FNY Investment Advisers LLC now owns 3,400 shares of the company’s stock valued at $162,000 after buying an additional 2,600 shares during the period. Finally, Significant Wealth Partners LLC increased its position in shares of Warrior Met Coal by 26.5% during the first quarter. Significant Wealth Partners LLC now owns 5,005 shares of the company’s stock valued at $239,000 after buying an additional 1,049 shares during the period. Hedge funds and other institutional investors own 92.28% of the company’s stock.

Warrior Met Coal Stock Up 0.4%

Shares of Warrior Met Coal stock opened at $58.29 on Wednesday. The company has a market cap of $3.06 billion, a price-to-earnings ratio of 75.70 and a beta of 0.74. The company’s 50 day moving average is $55.86 and its 200 day moving average is $50.07. Warrior Met Coal has a twelve month low of $38.00 and a twelve month high of $75.15. The company has a quick ratio of 3.44, a current ratio of 4.59 and a debt-to-equity ratio of 0.12.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.28) by $0.39. Warrior Met Coal had a net margin of 3.30% and a return on equity of 2.26%. The company had revenue of $297.52 million for the quarter, compared to the consensus estimate of $285.63 million. During the same quarter in the prior year, the firm earned $1.35 earnings per share. The firm’s revenue for the quarter was down 25.0% compared to the same quarter last year. Research analysts anticipate that Warrior Met Coal will post 4.86 EPS for the current year.

Warrior Met Coal Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, August 8th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Friday, August 8th. Warrior Met Coal’s dividend payout ratio is currently 41.56%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on HCC shares. UBS Group boosted their price objective on shares of Warrior Met Coal from $50.00 to $60.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 20th. BMO Capital Markets set a $55.00 price objective on shares of Warrior Met Coal and gave the stock a “market perform” rating in a research note on Thursday, August 7th. B. Riley dropped their price objective on shares of Warrior Met Coal from $76.00 to $74.00 and set a “buy” rating on the stock in a research note on Tuesday, July 22nd. Finally, Wall Street Zen upgraded shares of Warrior Met Coal from a “sell” rating to a “hold” rating in a research note on Friday, September 5th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $63.50.

Warrior Met Coal Profile

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.