Great Lakes Advisors LLC Purchases 3,508 Shares of Peabody Energy Co. (NYSE:BTU)

Great Lakes Advisors LLC increased its stake in shares of Peabody Energy Co. (NYSE:BTUFree Report) by 31.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,555 shares of the coal producer’s stock after buying an additional 3,508 shares during the quarter. Great Lakes Advisors LLC’s holdings in Peabody Energy were worth $378,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of BTU. Vanguard Group Inc. lifted its position in shares of Peabody Energy by 49.2% during the 1st quarter. Vanguard Group Inc. now owns 7,873,533 shares of the coal producer’s stock valued at $193,137,000 after buying an additional 2,595,279 shares during the last quarter. First Republic Investment Management Inc. increased its position in shares of Peabody Energy by 2,249.0% during the 1st quarter. First Republic Investment Management Inc. now owns 2,104,738 shares of the coal producer’s stock valued at $51,629,000 after purchasing an additional 2,015,138 shares during the last quarter. Gendell Jeffrey L increased its position in shares of Peabody Energy by 209.2% during the 2nd quarter. Gendell Jeffrey L now owns 1,849,681 shares of the coal producer’s stock valued at $40,064,000 after purchasing an additional 1,251,518 shares during the last quarter. Bank of America Corp DE increased its position in shares of Peabody Energy by 2,630.4% during the 1st quarter. Bank of America Corp DE now owns 1,189,512 shares of the coal producer’s stock valued at $30,452,000 after purchasing an additional 1,145,947 shares during the last quarter. Finally, PointState Capital LP purchased a new stake in Peabody Energy during the 1st quarter valued at about $27,379,000. Institutional investors own 82.33% of the company’s stock.

Insiders Place Their Bets

In other Peabody Energy news, major shareholder Elliott Investment Management sold 1,750,000 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $23.35, for a total value of $40,862,500.00. Following the completion of the sale, the insider now owns 15,480,000 shares in the company, valued at approximately $361,458,000. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, CFO Mark Spurbeck sold 4,827 shares of the firm’s stock in a transaction that occurred on Tuesday, January 9th. The stock was sold at an average price of $24.94, for a total transaction of $120,385.38. Following the completion of the transaction, the chief financial officer now owns 68,638 shares of the company’s stock, valued at approximately $1,711,831.72. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, major shareholder Elliott Investment Management sold 1,750,000 shares of Peabody Energy stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $23.35, for a total value of $40,862,500.00. Following the completion of the sale, the insider now directly owns 15,480,000 shares of the company’s stock, valued at approximately $361,458,000. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,283,252 shares of company stock worth $149,524,162. 0.09% of the stock is currently owned by company insiders.

Peabody Energy Trading Down 1.3 %

Shares of BTU stock opened at $25.73 on Wednesday. Peabody Energy Co. has a 1-year low of $17.71 and a 1-year high of $31.22. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.30 and a quick ratio of 1.88. The business has a 50-day moving average of $24.78 and a 200 day moving average of $23.83. The stock has a market capitalization of $3.37 billion, a PE ratio of 3.40 and a beta of 1.00.

About Peabody Energy

(Free Report)

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, and internationally. The company operates through Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, and Other U.S.

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Institutional Ownership by Quarter for Peabody Energy (NYSE:BTU)

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