Comerica Bank Sells 4,540 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

Comerica Bank decreased its position in Warrior Met Coal, Inc. (NYSE:HCCGet Rating) by 10.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 40,058 shares of the company’s stock after selling 4,540 shares during the quarter. Comerica Bank’s holdings in Warrior Met Coal were worth $1,474,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Exchange Traded Concepts LLC grew its stake in shares of Warrior Met Coal by 19.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 15,066 shares of the company’s stock valued at $428,000 after buying an additional 2,411 shares in the last quarter. Versor Investments LP boosted its position in Warrior Met Coal by 58.8% during the third quarter. Versor Investments LP now owns 45,681 shares of the company’s stock worth $1,299,000 after purchasing an additional 16,922 shares during the period. Pacer Advisors Inc. boosted its position in Warrior Met Coal by 88.5% during the third quarter. Pacer Advisors Inc. now owns 689,540 shares of the company’s stock worth $19,611,000 after purchasing an additional 323,721 shares during the period. Unison Advisors LLC boosted its position in Warrior Met Coal by 34.3% during the third quarter. Unison Advisors LLC now owns 14,363 shares of the company’s stock worth $409,000 after purchasing an additional 3,670 shares during the period. Finally, Quantbot Technologies LP boosted its position in Warrior Met Coal by 11.2% during the second quarter. Quantbot Technologies LP now owns 54,978 shares of the company’s stock worth $1,682,000 after purchasing an additional 5,555 shares during the period. Institutional investors own 98.01% of the company’s stock.

Warrior Met Coal Stock Up 2.3 %

HCC opened at $38.31 on Monday. Warrior Met Coal, Inc. has a 1-year low of $24.92 and a 1-year high of $42.95. The company has a current ratio of 7.01, a quick ratio of 6.12 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of 2.91 and a beta of 1.05. The business has a 50 day moving average of $35.33 and a 200-day moving average of $33.36.

Warrior Met Coal (NYSE:HCCGet Rating) last posted its quarterly earnings data on Wednesday, November 2nd. The company reported $2.10 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.49. Warrior Met Coal had a return on equity of 64.38% and a net margin of 37.59%. The company had revenue of $390.18 million during the quarter, compared to analysts’ expectations of $354.95 million. As a group, sell-side analysts anticipate that Warrior Met Coal, Inc. will post 13.01 earnings per share for the current year.

Wall Street Analyst Weigh In

HCC has been the subject of a number of recent analyst reports. B. Riley upped their target price on Warrior Met Coal from $50.00 to $55.00 in a research report on Tuesday, January 17th. BMO Capital Markets upped their target price on Warrior Met Coal from $30.00 to $39.00 and gave the stock a “market perform” rating in a research report on Thursday, November 3rd. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $48.00.

About Warrior Met Coal

(Get Rating)

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.

Featured Stories

Want to see what other hedge funds are holding HCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Warrior Met Coal, Inc. (NYSE:HCCGet Rating).

Institutional Ownership by Quarter for Warrior Met Coal (NYSE:HCC)

Receive News & Ratings for Warrior Met Coal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Warrior Met Coal and related companies with MarketBeat.com's FREE daily email newsletter.