Y Intercept Hong Kong Ltd Takes Position in Warrior Met Coal, Inc. (NYSE:HCC)

Y Intercept Hong Kong Ltd acquired a new position in Warrior Met Coal, Inc. (NYSE:HCC) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 23,972 shares of the company’s stock, valued at approximately $1,300,000.

Other hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. grew its position in Warrior Met Coal by 48.5% in the 3rd quarter. Blue Trust Inc. now owns 551 shares of the company’s stock worth $35,000 after purchasing an additional 180 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Warrior Met Coal during the fourth quarter worth approximately $43,000. GAMMA Investing LLC boosted its position in shares of 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. KBC Group NV grew its holdings in Warrior Met Coal by 29.7% in the 3rd quarter. KBC Group NV now owns 1,711 shares of the company’s stock worth $109,000 after buying an additional 392 shares in the last quarter. Finally, Wolverine Asset Management LLC increased its position in Warrior Met Coal by 264.4% in the 4th 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 period. 92.28% of the stock is currently owned by institutional investors.

Warrior Met Coal Stock Performance

Shares of NYSE HCC opened at $50.54 on Thursday. Warrior Met Coal, Inc. has a 1 year low of $45.94 and a 1 year high of $75.53. The firm has a market cap of $2.66 billion, a P/E ratio of 10.55 and a beta of 1.07. The stock has a fifty day moving average price of $53.10 and a two-hundred day moving average price of $59.10. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20.

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

Warrior Met Coal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 24th will be given a dividend of $0.08 per share. The ex-dividend date is Monday, February 24th. This represents a $0.32 annualized dividend and a dividend yield of 0.63%. Warrior Met Coal’s dividend payout ratio (DPR) is 6.68%.

Wall Street Analysts Forecast Growth

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

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.