Allianz Asset Management GmbH Has $132.12 Million Stake in Warrior Met Coal $HCC

Allianz Asset Management GmbH decreased its holdings in Warrior Met Coal (NYSE:HCC) by 2.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,498,454 shares of the company’s stock after selling 45,219 shares during the period. Allianz Asset Management GmbH’s holdings in Warrior Met Coal were worth $132,119,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Parallel Advisors LLC increased its holdings in shares of Warrior Met Coal by 272.1% in the 4th quarter. Parallel Advisors LLC now owns 413 shares of the company’s stock valued at $36,000 after purchasing an additional 302 shares during the period. IFP Advisors Inc acquired a new position in Warrior Met Coal in the fourth quarter worth approximately $37,000. Hantz Financial Services Inc. increased its holdings in Warrior Met Coal by 266.1% in the third quarter. Hantz Financial Services Inc. now owns 626 shares of the company’s stock worth $40,000 after buying an additional 455 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Warrior Met Coal by 217.2% in the second quarter. EverSource Wealth Advisors LLC now owns 682 shares of the company’s stock worth $31,000 after buying an additional 467 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in Warrior Met Coal by 4,337.5% in the third quarter. Jones Financial Companies Lllp now owns 710 shares of the company’s stock worth $45,000 after buying an additional 694 shares during the last quarter. Institutional investors and hedge funds own 92.28% of the company’s stock.

Warrior Met Coal Stock Up 0.7%

HCC opened at $95.32 on Thursday. The stock has a market capitalization of $5.03 billion, a price-to-earnings ratio of 36.38 and a beta of 0.62. Warrior Met Coal has a 1-year low of $40.80 and a 1-year high of $110.39. The business has a 50 day moving average of $91.09 and a 200-day moving average of $88.99. The company has a current ratio of 3.48, a quick ratio of 2.42 and a debt-to-equity ratio of 0.11.

Warrior Met Coal (NYSE:HCC) last issued its earnings results on Thursday, April 30th. The company reported $1.37 EPS for the quarter, missing the consensus estimate of $1.41 by ($0.04). Warrior Met Coal had a return on equity of 6.44% and a net margin of 9.36%.The firm had revenue of $458.59 million during the quarter, compared to the consensus estimate of $467.57 million. During the same period last year, the business earned ($0.16) earnings per share. The firm’s revenue for the quarter was up 52.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Warrior Met Coal will post 6.78 earnings per share for the current year.

Warrior Met Coal Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 7th. Stockholders of record on Friday, May 1st were paid a $0.08 dividend. The ex-dividend date was Friday, May 1st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.3%. Warrior Met Coal’s dividend payout ratio (DPR) is 12.21%.

Insider Buying and Selling at Warrior Met Coal

In other news, insider Kelli K. Gant sold 20,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $110.00, for a total value of $2,200,000.00. Following the completion of the sale, the insider directly owned 67,775 shares in the company, valued at approximately $7,455,250. This trade represents a 22.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 2.10% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Wall Street Zen upgraded Warrior Met Coal from a “hold” rating to a “buy” rating in a report on Sunday, February 15th. Zacks Research downgraded Warrior Met Coal from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 5th. B. Riley Financial increased their price objective on Warrior Met Coal from $117.00 to $123.00 and gave the stock a “buy” rating in a report on Wednesday. Weiss Ratings upgraded Warrior Met Coal from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, June 3rd. Finally, UBS Group dropped their price objective on Warrior Met Coal from $104.00 to $102.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Warrior Met Coal has an average rating of “Hold” and an average price target of $103.40.

About Warrior Met Coal

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.