American Century Companies Inc. Grows Stock Position in Hallador Energy Company $HNRG

American Century Companies Inc. lifted its holdings in Hallador Energy Company (NASDAQ:HNRG) by 15.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,071,326 shares of the energy company’s stock after buying an additional 146,514 shares during the period. American Century Companies Inc.’s holdings in Hallador Energy were worth $16,959,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Hallador Energy by 4.0% in the first quarter. Vanguard Group Inc. now owns 1,693,561 shares of the energy company’s stock worth $20,797,000 after acquiring an additional 65,652 shares during the period. Apis Capital Advisors LLC grew its position in shares of Hallador Energy by 20.3% during the 1st quarter. Apis Capital Advisors LLC now owns 1,079,935 shares of the energy company’s stock valued at $13,262,000 after acquiring an additional 181,935 shares during the period. CenterBook Partners LP increased its stake in shares of Hallador Energy by 2,371.9% in the 2nd quarter. CenterBook Partners LP now owns 786,671 shares of the energy company’s stock worth $12,453,000 after purchasing an additional 754,846 shares in the last quarter. Geode Capital Management LLC raised its holdings in Hallador Energy by 8.8% in the 2nd quarter. Geode Capital Management LLC now owns 759,770 shares of the energy company’s stock worth $12,029,000 after purchasing an additional 61,666 shares during the period. Finally, Bridgeway Capital Management LLC raised its holdings in Hallador Energy by 2.4% in the 1st quarter. Bridgeway Capital Management LLC now owns 552,206 shares of the energy company’s stock worth $6,781,000 after purchasing an additional 12,921 shares during the period. 61.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on HNRG. Wall Street Zen upgraded Hallador Energy from a “hold” rating to a “buy” rating in a research report on Sunday, October 26th. Citigroup lowered shares of Hallador Energy to a “neutral” rating in a report on Tuesday, August 12th. Zacks Research upgraded shares of Hallador Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 24th. Industrial Alliance Securities set a $28.00 price target on shares of Hallador Energy in a research report on Tuesday, November 11th. Finally, Alliance Global Partners reissued a “buy” rating on shares of Hallador Energy in a research note on Tuesday, November 11th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $21.25.

Insider Buying and Selling

In other Hallador Energy news, Director David C. Hardie sold 100,000 shares of the stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $19.53, for a total value of $1,953,000.00. Following the sale, the director owned 21,072 shares in the company, valued at $411,536.16. This trade represents a 82.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Charles Ray Iv Wesley bought 13,000 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were acquired at an average price of $19.28 per share, with a total value of $250,640.00. Following the completion of the transaction, the director owned 247,914 shares of the company’s stock, valued at approximately $4,779,781.92. The trade was a 5.53% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 372,062 shares of company stock valued at $7,232,705 over the last three months. 23.73% of the stock is owned by corporate insiders.

Hallador Energy Price Performance

Hallador Energy stock opened at $19.18 on Wednesday. Hallador Energy Company has a 12-month low of $8.37 and a 12-month high of $24.70. The company has a current ratio of 0.67, a quick ratio of 0.26 and a debt-to-equity ratio of 0.25. The firm has a 50-day moving average price of $20.23 and a 200-day moving average price of $18.08. The firm has a market capitalization of $840.56 million, a PE ratio of -3.84 and a beta of 0.44.

Hallador Energy (NASDAQ:HNRG) last posted its quarterly earnings data on Monday, November 10th. The energy company reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.49. Hallador Energy had a negative net margin of 46.61% and a positive return on equity of 11.58%. The company had revenue of $146.85 million for the quarter, compared to analyst estimates of $110.92 million. As a group, equities research analysts forecast that Hallador Energy Company will post -0.31 EPS for the current year.

About Hallador Energy

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.