Jefferies Financial Group Inc. Makes New Investment in Warrior Met Coal $HCC

Jefferies Financial Group Inc. bought a new position in Warrior Met Coal (NYSE:HCC) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 14,300 shares of the company’s stock, valued at approximately $1,261,000.

Several other large investors have also bought and sold shares of HCC. Adage Capital Partners GP L.L.C. grew its stake in shares of Warrior Met Coal by 130.4% in the second quarter. Adage Capital Partners GP L.L.C. now owns 1,889,025 shares of the company’s stock worth $86,574,000 after acquiring an additional 1,069,025 shares during the period. UBS Group AG grew its stake in shares of Warrior Met Coal by 219.2% in the third quarter. UBS Group AG now owns 1,554,071 shares of the company’s stock worth $98,901,000 after acquiring an additional 1,067,247 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Warrior Met Coal by 2,821,294.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 987,488 shares of the company’s stock worth $87,067,000 after acquiring an additional 987,453 shares during the period. State Street Corp grew its stake in shares of Warrior Met Coal by 25.2% in the second quarter. State Street Corp now owns 4,099,070 shares of the company’s stock worth $187,860,000 after acquiring an additional 825,807 shares during the period. Finally, Maple Rock Capital Partners Inc. grew its stake in shares of Warrior Met Coal by 31.4% in the third quarter. Maple Rock Capital Partners Inc. now owns 1,461,738 shares of the company’s stock worth $93,025,000 after acquiring an additional 349,400 shares during the period. 92.28% of the stock is owned by hedge funds and other institutional investors.

Warrior Met Coal Trading Up 7.8%

HCC stock opened at $104.58 on Friday. The company has a market capitalization of $5.52 billion, a PE ratio of 39.92 and a beta of 0.61. Warrior Met Coal has a 12 month low of $40.80 and a 12 month high of $105.35. The firm’s 50-day moving average is $89.56 and its 200 day moving average is $87.59. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.48 and a quick ratio of 2.42.

Warrior Met Coal (NYSE:HCC) last posted its earnings results on Thursday, April 30th. The company reported $1.37 EPS for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The business had revenue of $458.59 million for the quarter, compared to analysts’ expectations of $467.57 million. Warrior Met Coal had a net margin of 9.36% and a return on equity of 6.44%. The company’s revenue for the quarter was up 52.9% on a year-over-year basis. During the same period last year, the business posted ($0.16) EPS. On average, research analysts anticipate that Warrior Met Coal will post 6.78 EPS for the current year.

Warrior Met Coal Announces Dividend

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

Analysts Set New Price Targets

A number of analysts have recently commented on HCC shares. UBS Group reduced their price target on shares of Warrior Met Coal from $104.00 to $102.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Weiss Ratings lowered shares of Warrior Met Coal from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Citigroup boosted their target price on shares of Warrior Met Coal from $80.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Zacks Research cut Warrior Met Coal from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 5th. Finally, Wall Street Zen raised Warrior Met Coal from a “hold” rating to a “buy” rating in a report on Sunday, February 15th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $102.80.

Warrior Met Coal 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.