River Road Asset Management LLC Increases Position in Warrior Met Coal, Inc. (NYSE:HCC)

River Road Asset Management LLC boosted its holdings in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 2.1% in the 4th quarter, Holdings Channel reports. The fund owned 888,388 shares of the company’s stock after acquiring an additional 18,031 shares during the quarter. River Road Asset Management LLC’s holdings in Warrior Met Coal were worth $48,186,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. FNY Investment Advisers LLC purchased a new stake in Warrior Met Coal during the 4th quarter valued at about $43,000. GAMMA Investing LLC grew its stake in Warrior Met Coal by 56.7% during the 4th quarter. GAMMA Investing LLC now owns 989 shares of the company’s stock valued at $54,000 after acquiring an additional 358 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Warrior Met Coal by 304.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company’s stock valued at $75,000 after acquiring an additional 1,040 shares in the last quarter. Wolverine Asset Management LLC grew its stake in Warrior Met Coal by 264.4% during 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 in the last quarter. Finally, KBC Group NV grew its stake in Warrior Met Coal by 29.7% during the 3rd quarter. KBC Group NV now owns 1,711 shares of the company’s stock valued at $109,000 after acquiring an additional 392 shares in the last quarter. Hedge funds and other institutional investors own 92.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HCC. Jefferies Financial Group dropped 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 note on Monday, January 6th. Benchmark restated a “hold” rating on shares of Warrior Met Coal in a report on Friday, February 14th. Finally, B. Riley decreased their price objective on shares of 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 research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $74.00.

Warrior Met Coal Price Performance

Warrior Met Coal stock opened at $47.04 on Tuesday. The firm has a market cap of $2.47 billion, a PE ratio of 9.82 and a beta of 1.10. Warrior Met Coal, Inc. has a 52-week low of $44.62 and a 52-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 company’s 50 day moving average is $52.07 and its two-hundred day moving average is $58.48.

Warrior Met Coal (NYSE:HCC) last released its earnings results on Thursday, February 13th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.34). The business had revenue of $297.47 million for 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 expect that Warrior Met Coal, Inc. will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 24th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.32 dividend on an annualized basis and a yield of 0.68%. Warrior Met Coal’s dividend payout ratio (DPR) is presently 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.