Warrior Met Coal, Inc. (NYSE:HCC) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC decreased its holdings in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 9.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 63,712 shares of the company’s stock after selling 6,759 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Warrior Met Coal were worth $3,456,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. FNY Investment Advisers LLC purchased a new position in shares of Warrior Met Coal during the 4th quarter worth $43,000. GAMMA Investing LLC boosted its stake in Warrior Met Coal by 56.7% during the fourth quarter. GAMMA Investing LLC now owns 989 shares of the company’s stock worth $54,000 after buying an additional 358 shares during the period. Smartleaf Asset Management LLC boosted its stake in Warrior Met Coal by 304.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company’s stock worth $75,000 after buying an additional 1,040 shares during the period. Wolverine Asset Management LLC increased its position in shares of Warrior Met Coal by 264.4% during the fourth quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company’s stock valued at $94,000 after acquiring an additional 2,800 shares during the last quarter. Finally, KBC Group NV raised its stake in shares of Warrior Met Coal by 25.0% in the 4th quarter. KBC Group NV now owns 2,139 shares of the company’s stock valued at $116,000 after acquiring an additional 428 shares during the period. Hedge funds and other institutional investors own 92.28% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on HCC shares. Jefferies Financial Group lowered their price objective on shares of Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company in a research report on Monday, January 6th. Benchmark restated a “hold” rating on shares of Warrior Met Coal in a research report on Friday, February 14th. Finally, B. Riley cut their price objective on Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Warrior Met Coal currently has an average rating of “Moderate Buy” and a consensus price target of $74.00.

Warrior Met Coal Price Performance

Shares of HCC opened at $50.47 on Friday. The company has a market cap of $2.65 billion, a P/E ratio of 10.54 and a beta of 1.10. Warrior Met Coal, Inc. has a fifty-two week low of $44.62 and a fifty-two week high of $75.53. The company has a quick ratio of 3.99, a current ratio of 5.20 and a debt-to-equity ratio of 0.09. The firm’s 50 day moving average price is $50.80 and its 200 day moving average price is $57.61.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.34). The business had revenue of $297.47 million during the quarter, compared to analyst estimates of $331.70 million. Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. On average, research analysts forecast that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current fiscal year.

Warrior Met Coal Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 24th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date was Monday, February 24th. Warrior Met Coal’s dividend payout ratio is currently 6.68%.

About Warrior Met Coal

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.