WINTON GROUP Ltd Cuts Stock Holdings in Alpha Metallurgical Resources, Inc. (NYSE:AMR)

WINTON GROUP Ltd reduced its position in Alpha Metallurgical Resources, Inc. (NYSE:AMR) by 9.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,916 shares of the energy company’s stock after selling 385 shares during the period. WINTON GROUP Ltd’s holdings in Alpha Metallurgical Resources were worth $784,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. American Century Companies Inc. increased its holdings in shares of Alpha Metallurgical Resources by 9.8% in the 4th quarter. American Century Companies Inc. now owns 359,006 shares of the energy company’s stock worth $71,844,000 after purchasing an additional 32,027 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Alpha Metallurgical Resources by 12.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 183,519 shares of the energy company’s stock worth $36,726,000 after buying an additional 20,636 shares in the last quarter. Bank of New York Mellon Corp raised its position in Alpha Metallurgical Resources by 0.5% in the 4th quarter. Bank of New York Mellon Corp now owns 82,311 shares of the energy company’s stock worth $16,472,000 after buying an additional 428 shares during the last quarter. Hosking Partners LLP lifted its stake in Alpha Metallurgical Resources by 76.6% during the 4th quarter. Hosking Partners LLP now owns 55,220 shares of the energy company’s stock valued at $11,051,000 after acquiring an additional 23,944 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in shares of Alpha Metallurgical Resources by 3.0% during the 4th quarter. Principal Financial Group Inc. now owns 53,358 shares of the energy company’s stock valued at $10,678,000 after acquiring an additional 1,561 shares during the last quarter. 84.29% of the stock is owned by institutional investors.

Alpha Metallurgical Resources Stock Down 4.0 %

AMR opened at $126.79 on Friday. The stock has a market capitalization of $1.65 billion, a price-to-earnings ratio of 4.65 and a beta of 1.50. The firm has a 50 day moving average price of $157.87 and a 200-day moving average price of $197.11. Alpha Metallurgical Resources, Inc. has a twelve month low of $122.00 and a twelve month high of $361.17.

Alpha Metallurgical Resources (NYSE:AMR) last announced its earnings results on Friday, February 28th. The energy company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.09). The company had revenue of $617.30 million for the quarter, compared to analysts’ expectations of $658.20 million. Alpha Metallurgical Resources had a net margin of 11.08% and a return on equity of 22.65%. Alpha Metallurgical Resources’s quarterly revenue was down 35.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $12.88 earnings per share. As a group, analysts expect that Alpha Metallurgical Resources, Inc. will post 14.31 earnings per share for the current year.

Alpha Metallurgical Resources Company Profile

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.