Warrior Met Coal $HCC Stock Holdings Increased by Capital International Investors

Capital International Investors grew its holdings in shares of Warrior Met Coal (NYSE:HCC) by 27.1% in the third quarter, HoldingsChannel reports. The fund owned 852,403 shares of the company’s stock after buying an additional 181,975 shares during the period. Capital International Investors’ holdings in Warrior Met Coal were worth $54,247,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its stake in shares of Warrior Met Coal by 217.2% during the second quarter. EverSource Wealth Advisors LLC now owns 682 shares of the company’s stock valued at $31,000 after purchasing an additional 467 shares in the last quarter. Hantz Financial Services Inc. grew its position in Warrior Met Coal by 266.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 626 shares of the company’s stock valued at $40,000 after buying an additional 455 shares in the last quarter. Jones Financial Companies Lllp grew its position in Warrior Met Coal by 4,337.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 710 shares of the company’s stock valued at $45,000 after buying an additional 694 shares in the last quarter. Aster Capital Management DIFC Ltd increased its stake in Warrior Met Coal by 919.6% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 938 shares of the company’s stock valued at $60,000 after buying an additional 846 shares during the period. Finally, Strs Ohio bought a new stake in shares of Warrior Met Coal during the 3rd quarter worth about $76,000. 92.28% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Warrior Met Coal

In related news, insider Kelli K. Gant sold 10,000 shares of the stock in a transaction on Monday, January 12th. The stock was sold at an average price of $100.00, for a total value of $1,000,000.00. Following the completion of the transaction, the insider owned 70,580 shares in the company, valued at $7,058,000. This trade represents a 12.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Walter J. Scheller sold 100,000 shares of the business’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $100.31, for a total value of $10,031,000.00. Following the sale, the chief executive officer owned 294,183 shares in the company, valued at approximately $29,509,496.73. The trade was a 25.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 2.10% of the company’s stock.

Warrior Met Coal Stock Up 5.1%

HCC stock opened at $84.68 on Thursday. The firm has a market cap of $4.45 billion, a PE ratio of 77.69 and a beta of 0.69. Warrior Met Coal has a 12 month low of $38.00 and a 12 month high of $105.35. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.19 and a quick ratio of 2.27. The firm has a 50 day simple moving average of $89.92 and a 200 day simple moving average of $77.71.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.18). Warrior Met Coal had a net margin of 4.35% and a return on equity of 2.71%. The company had revenue of $383.99 million during the quarter, compared to the consensus estimate of $381.72 million. During the same period in the prior year, the company posted $0.15 EPS. Warrior Met Coal’s quarterly revenue was up 29.1% on a year-over-year basis. Equities research analysts forecast that Warrior Met Coal will post 4.86 earnings per share for the current fiscal year.

Warrior Met Coal Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Monday, February 23rd were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, February 23rd. Warrior Met Coal’s dividend payout ratio is currently 29.36%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Warrior Met Coal from a “hold” rating to a “buy” rating in a report on Sunday, February 15th. UBS Group set a $108.00 price target on Warrior Met Coal and gave the company a “buy” rating in a research report on Thursday, January 29th. Zacks Research lowered Warrior Met Coal from a “hold” rating to a “strong sell” rating in a report on Thursday, February 5th. B. Riley Financial reaffirmed a “buy” rating on shares of Warrior Met Coal in a research note on Friday, February 13th. Finally, Jefferies Financial Group lifted their target price on Warrior Met Coal from $95.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $105.00.

Warrior Met Coal Company Profile

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.