Peabody Energy Co. (NYSE:BTU) Shares Sold by Cypress Capital Management LLC WY

Cypress Capital Management LLC WY cut its position in shares of Peabody Energy Co. (NYSE:BTU) by 6.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 51,957 shares of the coal producer’s stock after selling 3,521 shares during the period. Peabody Energy accounts for 1.2% of Cypress Capital Management LLC WY’s holdings, making the stock its 24th biggest position. Cypress Capital Management LLC WY’s holdings in Peabody Energy were worth $1,088,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. KBC Group NV boosted its stake in shares of Peabody Energy by 37.0% during the 4th quarter. KBC Group NV now owns 4,762 shares of the coal producer’s stock worth $100,000 after acquiring an additional 1,286 shares in the last quarter. Blue Trust Inc. raised its holdings in Peabody Energy by 94.5% in the 4th quarter. Blue Trust Inc. now owns 5,361 shares of the coal producer’s stock worth $112,000 after purchasing an additional 2,605 shares during the period. Janney Montgomery Scott LLC boosted its position in Peabody Energy by 3.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 24,556 shares of the coal producer’s stock worth $514,000 after purchasing an additional 885 shares in the last quarter. SG Americas Securities LLC grew its holdings in Peabody Energy by 7.5% in the fourth quarter. SG Americas Securities LLC now owns 16,514 shares of the coal producer’s stock valued at $346,000 after purchasing an additional 1,151 shares during the period. Finally, Assenagon Asset Management S.A. increased its position in shares of Peabody Energy by 113.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,350,855 shares of the coal producer’s stock valued at $28,287,000 after buying an additional 718,274 shares in the last quarter. Institutional investors and hedge funds own 87.44% of the company’s stock.

Peabody Energy Stock Performance

Shares of NYSE:BTU opened at $18.37 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.32 and a quick ratio of 1.75. Peabody Energy Co. has a 1 year low of $17.73 and a 1 year high of $29.94. The firm has a market capitalization of $2.23 billion, a PE ratio of 4.86 and a beta of 0.99. The business’s 50 day moving average price is $21.11 and its 200-day moving average price is $23.08.

Peabody Energy (NYSE:BTU) last announced its earnings results on Thursday, October 31st. The coal producer reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.16. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Peabody Energy had a net margin of 12.24% and a return on equity of 14.74%. The firm’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.80 EPS. As a group, equities research analysts expect that Peabody Energy Co. will post 2.89 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BTU has been the topic of a number of recent analyst reports. BMO Capital Markets upgraded Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 target price on the stock in a research report on Monday, December 16th. Benchmark increased their price objective on shares of Peabody Energy from $28.00 to $30.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, Jefferies Financial Group cut their target price on shares of Peabody Energy from $30.00 to $26.00 and set a “buy” rating for the company in a research note on Monday, January 6th.

Insider Transactions at Peabody Energy

In related news, CFO Mark Spurbeck sold 10,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $29.52, for a total value of $295,200.00. Following the completion of the sale, the chief financial officer now owns 65,710 shares of the company’s stock, valued at approximately $1,939,759.20. This trade represents a 13.21 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.09% of the company’s stock.

Peabody Energy Profile

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.