4,529 Shares in Warrior Met Coal, Inc. (NYSE:HCC) Acquired by SG Americas Securities LLC

SG Americas Securities LLC purchased a new position in Warrior Met Coal, Inc. (NYSE:HCC – Get Rating) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,529 shares of the company’s stock, valued at approximately $157,000.

Several other hedge funds have also modified their holdings of HCC. Unison Advisors LLC increased its stake in Warrior Met Coal by 2.0% in the fourth quarter. Unison Advisors LLC now owns 14,652 shares of the company’s stock worth $508,000 after purchasing an additional 289 shares during the period. Putnam Investments LLC grew its stake in Warrior Met Coal by 0.8% during the 3rd quarter. Putnam Investments LLC now owns 62,948 shares of the company’s stock worth $1,791,000 after buying an additional 471 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in Warrior Met Coal by 6.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 12,509 shares of the company’s stock worth $356,000 after buying an additional 722 shares during the last quarter. ProShare Advisors LLC grew its position in Warrior Met Coal by 14.8% during the 4th quarter. ProShare Advisors LLC now owns 8,132 shares of the company’s stock worth $282,000 after purchasing an additional 1,046 shares during the last quarter. Finally, Great West Life Assurance Co. Can increased its holdings in shares of Warrior Met Coal by 2.3% in the first quarter. Great West Life Assurance Co. Can now owns 47,874 shares of the company’s stock valued at $1,827,000 after purchasing an additional 1,075 shares during the period. 98.01% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HCC has been the topic of a number of research reports. Citigroup increased their price objective on shares of Warrior Met Coal from $35.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, February 17th. B. Riley raised their price target on shares of Warrior Met Coal from $50.00 to $55.00 in a research report on Tuesday, January 17th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $46.00.

Warrior Met Coal Stock Performance

NYSE HCC opened at $37.17 on Friday. The company has a market cap of $1.93 billion, a PE ratio of 2.84 and a beta of 1.04. The stock’s 50 day simple moving average is $36.33 and its 200-day simple moving average is $36.56. Warrior Met Coal, Inc. has a 1-year low of $26.11 and a 1-year high of $42.95. The company has a debt-to-equity ratio of 0.19, a current ratio of 9.74 and a quick ratio of 8.72.

Warrior Met Coal (NYSE:HCC – Get Rating) last posted its quarterly earnings results on Wednesday, May 3rd. The company reported $3.57 earnings per share for the quarter, topping the consensus estimate of $2.12 by $1.45. The firm had revenue of $509.70 million for the quarter, compared to the consensus estimate of $413.82 million. Warrior Met Coal had a net margin of 36.22% and a return on equity of 49.16%. The company’s revenue for the quarter was up 34.6% on a year-over-year basis. During the same period last year, the firm posted $2.97 earnings per share. As a group, equities research analysts anticipate that Warrior Met Coal, Inc. will post 9.86 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 12th. Shareholders of record on Friday, May 5th were issued a $0.07 dividend. The ex-dividend date of this dividend was Thursday, May 4th. This represents a $0.28 annualized dividend and a yield of 0.75%. Warrior Met Coal’s payout ratio is 2.14%.

Warrior Met Coal Profile

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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.