Hallador Energy Company $HNRG Stock Holdings Lifted by Apis Capital Advisors LLC

Apis Capital Advisors LLC raised its stake in Hallador Energy Company (NASDAQ:HNRG) by 7.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 914,000 shares of the energy company’s stock after buying an additional 60,000 shares during the period. Hallador Energy makes up about 3.0% of Apis Capital Advisors LLC’s investment portfolio, making the stock its 13th largest holding. Apis Capital Advisors LLC owned approximately 2.09% of Hallador Energy worth $17,403,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HNRG. Lubar & Co. Inc purchased a new position in Hallador Energy during the 4th quarter worth approximately $103,806,000. Ameriprise Financial Inc. purchased a new position in Hallador Energy during the 2nd quarter worth approximately $18,735,000. Millennium Management LLC grew its position in Hallador Energy by 1,745.5% during the 3rd quarter. Millennium Management LLC now owns 525,080 shares of the energy company’s stock worth $10,276,000 after purchasing an additional 496,628 shares in the last quarter. Deutsche Bank AG grew its position in Hallador Energy by 1,720.9% during the 4th quarter. Deutsche Bank AG now owns 405,277 shares of the energy company’s stock worth $7,716,000 after purchasing an additional 383,020 shares in the last quarter. Finally, Value Aligned Research Advisors LLC grew its position in Hallador Energy by 1,038.2% during the 3rd quarter. Value Aligned Research Advisors LLC now owns 320,759 shares of the energy company’s stock worth $6,277,000 after purchasing an additional 292,577 shares in the last quarter. 61.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HNRG has been the topic of a number of research reports. Wall Street Zen raised shares of Hallador Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 23rd. Northland Securities upped their price target on shares of Hallador Energy from $29.00 to $34.00 and gave the stock an “outperform” rating in a research note on Thursday, March 26th. Jefferies Financial Group raised shares of Hallador Energy from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 26th. B. Riley Financial raised shares of Hallador Energy from a “neutral” rating to a “buy” rating and upped their price target for the stock from $23.00 to $27.00 in a research note on Friday, March 13th. Finally, Weiss Ratings raised shares of Hallador Energy from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $26.63.

Hallador Energy Price Performance

Shares of HNRG stock opened at $17.67 on Thursday. The stock has a market cap of $832.79 million, a P/E ratio of 33.34 and a beta of 0.22. Hallador Energy Company has a one year low of $14.42 and a one year high of $24.70. The stock has a fifty day moving average price of $17.23 and a 200 day moving average price of $18.32.

Hallador Energy (NASDAQ:HNRG) last issued its earnings results on Wednesday, May 6th. The energy company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.04). Hallador Energy had a return on equity of 14.25% and a net margin of 4.98%.The firm had revenue of $101.81 million during the quarter, compared to the consensus estimate of $102.28 million. Equities research analysts anticipate that Hallador Energy Company will post 0.16 EPS for the current year.

Insider Transactions at Hallador Energy

In other news, Director Charles Ray Iv Wesley acquired 15,000 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was bought at an average price of $16.69 per share, with a total value of $250,350.00. Following the completion of the acquisition, the director owned 338,469 shares in the company, valued at approximately $5,649,047.61. This represents a 4.64% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. 17.43% of the stock is owned by company insiders.

Hallador Energy Company Profile

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.