UBS Group AG grew its stake in shares of Warrior Met Coal, Inc. (NYSE:HCC – Get Rating) by 381.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 88,877 shares of the company’s stock after acquiring an additional 70,400 shares during the period. UBS Group AG owned 0.17% of Warrior Met Coal worth $2,528,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in the company. Exchange Traded Concepts LLC lifted its holdings in Warrior Met Coal by 19.1% during the 3rd quarter. Exchange Traded Concepts LLC now owns 15,066 shares of the company’s stock worth $428,000 after purchasing an additional 2,411 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Warrior Met Coal by 37.9% in the third quarter. The Manufacturers Life Insurance Company now owns 56,597 shares of the company’s stock valued at $1,610,000 after acquiring an additional 15,566 shares in the last quarter. Versor Investments LP increased 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 acquiring an additional 16,922 shares during the period. Pacer Advisors Inc. lifted its position in shares of Warrior Met Coal by 88.5% during the 3rd quarter. Pacer Advisors Inc. now owns 689,540 shares of the company’s stock valued at $19,611,000 after acquiring an additional 323,721 shares during the period. Finally, Russell Investments Group Ltd. grew its holdings in shares of Warrior Met Coal by 69.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 261,047 shares of the company’s stock worth $7,429,000 after purchasing an additional 106,690 shares in the last quarter. Institutional investors own 98.01% of the company’s stock.
Warrior Met Coal Price Performance
HCC stock opened at $42.44 on Monday. The company has a market capitalization of $2.20 billion, a P/E ratio of 3.42 and a beta of 1.07. The company has a fifty day moving average price of $37.20 and a 200-day moving average price of $35.05. The company has a debt-to-equity ratio of 0.23, a quick ratio of 6.66 and a current ratio of 7.66. Warrior Met Coal, Inc. has a 52-week low of $26.11 and a 52-week high of $42.95.
Warrior Met Coal Announces Dividend
The company also recently announced a None dividend, which will be paid on Tuesday, March 7th. Shareholders of record on Tuesday, February 28th will be given a dividend of $0.88 per share. This represents a yield of 6%. The ex-dividend date of this dividend is Monday, February 27th. Warrior Met Coal’s dividend payout ratio is presently 2.26%.
Analyst Ratings Changes
A number of analysts have recently weighed in on the stock. Citigroup upped their price target on shares of Warrior Met Coal from $35.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, February 17th. B. Riley boosted their target price on Warrior Met Coal from $50.00 to $55.00 in a research note on Tuesday, January 17th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.00.
About Warrior Met Coal
Warrior Met Coal, Inc engages in the production and export of metallurgical coal. The company was founded on September 3, 2015 and is headquartered in Brookwood, AL.
Further Reading
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