Kingsview Wealth Management LLC Invests $208,000 in Warrior Met Coal, Inc. (NYSE:HCC)

Kingsview Wealth Management LLC purchased a new stake in Warrior Met Coal, Inc. (NYSE:HCCFree Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 4,073 shares of the company’s stock, valued at approximately $208,000.

Several other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in shares of Warrior Met Coal by 0.9% in the 3rd quarter. Vanguard Group Inc. now owns 7,023,009 shares of the company’s stock worth $199,734,000 after purchasing an additional 63,814 shares during the last quarter. Renaissance Technologies LLC increased its holdings in shares of Warrior Met Coal by 74.7% during the first quarter. Renaissance Technologies LLC now owns 2,125,379 shares of the company’s stock worth $78,873,000 after buying an additional 909,000 shares in the last quarter. State Street Corp boosted its holdings in shares of Warrior Met Coal by 0.4% in the 3rd quarter. State Street Corp now owns 1,901,231 shares of the company’s stock worth $54,071,000 after acquiring an additional 6,976 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Warrior Met Coal by 0.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,806,819 shares of the company’s stock worth $70,376,000 after acquiring an additional 4,901 shares during the last quarter. Finally, Third Avenue Management LLC increased its holdings in Warrior Met Coal by 5.4% during the 1st quarter. Third Avenue Management LLC now owns 1,343,267 shares of the company’s stock valued at $49,311,000 after purchasing an additional 68,653 shares in the last quarter. 93.89% of the stock is currently owned by institutional investors and hedge funds.

Warrior Met Coal Stock Performance

Shares of NYSE:HCC opened at $60.38 on Friday. The company has a current ratio of 7.67, a quick ratio of 6.91 and a debt-to-equity ratio of 0.09. Warrior Met Coal, Inc. has a 1-year low of $31.97 and a 1-year high of $69.97. The stock has a market capitalization of $3.14 billion, a P/E ratio of 6.97 and a beta of 1.13. The business has a 50-day moving average price of $61.88 and a two-hundred day moving average price of $51.59.

Wall Street Analyst Weigh In

HCC has been the topic of several research reports. UBS Group began coverage on shares of Warrior Met Coal in a research report on Tuesday, January 16th. They set a “neutral” rating and a $68.00 price target on the stock. BMO Capital Markets increased their price target on shares of Warrior Met Coal from $43.00 to $48.00 and gave the company a “market perform” rating in a research note on Friday, November 3rd. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $56.60.

Read Our Latest Report on Warrior Met Coal

Warrior Met Coal Profile

(Free Report)

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.

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

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