Warrior Met Coal, Inc. (NYSE:HCC) Stock Holdings Increased by BTC Capital Management Inc.

BTC Capital Management Inc. grew its position in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 10.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,606 shares of the company’s stock after buying an additional 915 shares during the period. BTC Capital Management Inc.’s holdings in Warrior Met Coal were worth $521,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Maple Rock Capital Partners Inc. raised its position in shares of Warrior Met Coal by 193.9% during the 3rd quarter. Maple Rock Capital Partners Inc. now owns 1,460,992 shares of the company’s stock valued at $93,357,000 after acquiring an additional 963,892 shares in the last quarter. Merewether Investment Management LP raised its holdings in shares of Warrior Met Coal by 441.9% during the third quarter. Merewether Investment Management LP now owns 793,300 shares of the company’s stock worth $50,692,000 after purchasing an additional 646,900 shares during the period. FMR LLC lifted its position in shares of Warrior Met Coal by 8.6% in the 3rd quarter. FMR LLC now owns 3,210,531 shares of the company’s stock worth $205,153,000 after buying an additional 254,540 shares during the last quarter. Forest Avenue Capital Management LP boosted its holdings in shares of Warrior Met Coal by 95.0% in the 3rd quarter. Forest Avenue Capital Management LP now owns 411,547 shares of the company’s stock valued at $26,298,000 after buying an additional 200,533 shares during the period. Finally, River Road Asset Management LLC grew its position in shares of Warrior Met Coal by 22.9% during the 3rd quarter. River Road Asset Management LLC now owns 870,357 shares of the company’s stock valued at $55,616,000 after buying an additional 162,387 shares during the last quarter. Institutional investors own 92.28% of the company’s stock.

Analyst Upgrades and Downgrades

HCC has been the topic of a number of recent research reports. Jefferies Financial Group cut their target price on shares of Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Monday, January 6th. B. Riley boosted their price objective on Warrior Met Coal from $89.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Warrior Met Coal currently has an average rating of “Moderate Buy” and an average target price of $75.00.

Warrior Met Coal Price Performance

NYSE HCC opened at $52.81 on Friday. The company has a 50-day moving average price of $58.25 and a two-hundred day moving average price of $61.01. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of 7.29 and a beta of 1.09. The company has a current ratio of 5.81, a quick ratio of 4.67 and a debt-to-equity ratio of 0.09. Warrior Met Coal, Inc. has a 52 week low of $49.97 and a 52 week high of $75.53.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.40. The business had revenue of $327.72 million during the quarter, compared to analyst estimates of $322.21 million. Warrior Met Coal had a return on equity of 19.00% and a net margin of 23.77%. The business’s revenue for the quarter was down 22.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.85 EPS. Analysts forecast that Warrior Met Coal, Inc. will post 5.62 EPS for the current year.

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.