AQR Capital Management LLC decreased its stake in Warrior Met Coal Inc (NYSE:HCC) by 63.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 284,207 shares of the company’s stock after selling 487,598 shares during the quarter. AQR Capital Management LLC owned about 0.56% of Warrior Met Coal worth $3,018,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of Warrior Met Coal by 269.7% in the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,401 shares of the company’s stock worth $30,000 after purchasing an additional 1,022 shares during the period. Tower Research Capital LLC TRC purchased a new position in shares of Warrior Met Coal in the 4th quarter worth approximately $50,000. PNC Financial Services Group Inc. boosted its holdings in Warrior Met Coal by 47.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,903 shares of the company’s stock valued at $51,000 after acquiring an additional 1,578 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Warrior Met Coal by 137.2% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,088 shares of the company’s stock valued at $54,000 after acquiring an additional 2,943 shares during the period. Finally, Aigen Investment Management LP purchased a new position in Warrior Met Coal during the 1st quarter valued at $103,000.
Warrior Met Coal stock opened at $15.29 on Wednesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 3.37 and a current ratio of 4.25. The business’s 50-day simple moving average is $14.87 and its two-hundred day simple moving average is $16.40. The company has a market cap of $782.35 million, a PE ratio of 4.28 and a beta of 1.33. Warrior Met Coal Inc has a fifty-two week low of $9.46 and a fifty-two week high of $26.90.
Warrior Met Coal (NYSE:HCC) last issued its earnings results on Wednesday, April 29th. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.17). Warrior Met Coal had a return on equity of 24.44% and a net margin of 19.06%. The company had revenue of $226.70 million during the quarter, compared to analysts’ expectations of $219.78 million. During the same quarter in the previous year, the company earned $2.30 EPS. The firm’s quarterly revenue was down 40.1% compared to the same quarter last year. As a group, analysts predict that Warrior Met Coal Inc will post 1.54 EPS for the current fiscal year.
A number of research firms recently issued reports on HCC. TheStreet upgraded Warrior Met Coal from a “d+” rating to a “c” rating in a report on Wednesday, April 29th. ValuEngine raised Warrior Met Coal from a “strong sell” rating to a “sell” rating in a research report on Friday, May 8th. Royal Bank of Canada decreased their target price on Warrior Met Coal from $29.00 to $22.00 in a research report on Monday, May 4th. Deutsche Bank decreased their target price on Warrior Met Coal from $30.00 to $22.00 and set a “buy” rating for the company in a research report on Friday, March 20th. Finally, Citigroup decreased their target price on Warrior Met Coal from $26.00 to $20.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $21.43.
About Warrior Met Coal
Warrior Met Coal, Inc produces and exports 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.
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