Tudor Investment Corp ET AL Decreases Stake in Hallador Energy Company $HNRG

Tudor Investment Corp ET AL cut its stake in Hallador Energy Company (NASDAQ:HNRG) by 67.8% in the third quarter, Holdings Channel reports. The firm owned 82,250 shares of the energy company’s stock after selling 173,374 shares during the period. Tudor Investment Corp ET AL’s holdings in Hallador Energy were worth $1,610,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. American Century Companies Inc. increased its stake in Hallador Energy by 10.6% during the 3rd quarter. American Century Companies Inc. now owns 1,184,873 shares of the energy company’s stock valued at $23,188,000 after purchasing an additional 113,547 shares in the last quarter. Ameriprise Financial Inc. acquired a new stake in shares of Hallador Energy during the second quarter worth $18,735,000. Apis Capital Advisors LLC grew its holdings in shares of Hallador Energy by 3.4% during the third quarter. Apis Capital Advisors LLC now owns 854,000 shares of the energy company’s stock valued at $16,713,000 after buying an additional 28,000 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Hallador Energy by 8.8% during the second quarter. Geode Capital Management LLC now owns 759,770 shares of the energy company’s stock valued at $12,029,000 after buying an additional 61,666 shares during the last quarter. Finally, Millennium Management LLC increased its position in shares of Hallador Energy by 1,745.5% in the 3rd quarter. Millennium Management LLC now owns 525,080 shares of the energy company’s stock valued at $10,276,000 after acquiring an additional 496,628 shares during the period. Hedge funds and other institutional investors own 61.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Jefferies Financial Group upgraded Hallador Energy from a “hold” rating to a “strong-buy” rating in a research note on Thursday. Zacks Research lowered Hallador Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. B. Riley Financial upgraded Hallador Energy from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $23.00 to $27.00 in a research note on Friday, March 13th. Wall Street Zen downgraded Hallador Energy from a “hold” rating to a “sell” rating in a report on Sunday, March 22nd. Finally, Northland Securities upped their target price on Hallador Energy from $29.00 to $34.00 and gave the company an “outperform” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $26.63.

Hallador Energy Stock Performance

Shares of Hallador Energy stock opened at $17.57 on Monday. The stock has a market cap of $826.14 million, a PE ratio of 18.30 and a beta of 0.22. The firm has a fifty day moving average price of $18.61 and a 200 day moving average price of $19.45. Hallador Energy Company has a 1 year low of $9.25 and a 1 year high of $24.70. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.81 and a quick ratio of 0.23.

Hallador Energy (NASDAQ:HNRG) last posted its quarterly earnings results on Thursday, March 12th. The energy company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). The company had revenue of $101.94 million for the quarter, compared to analyst estimates of $105.48 million. Hallador Energy had a net margin of 8.92% and a return on equity of 30.82%. Equities research analysts predict that Hallador Energy Company will post -0.31 earnings per share for the current year.

About Hallador Energy

Hallador Energy Company is a coal producer and mine operator trading on NASDAQ under the symbol HNRG. The company’s primary business activities center on the production and sale of bituminous thermal coal. Hallador’s operations encompass two surface mines: the Shoal Creek Mine located in southwestern Indiana and the Bull Mountain Mine situated in eastern Montana. Both sites are designed to extract high-quality coal reserves for the power generation market.

Hallador Energy markets its coal primarily to electric utilities and industrial customers across the United States.