Boston Partners Reduces Holdings in Warrior Met Coal, Inc. (NYSE:HCC)

Boston Partners lowered its stake in Warrior Met Coal, Inc. (NYSE:HCC) by 6.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 21,718 shares of the company’s stock after selling 1,433 shares during the quarter. Boston Partners’ holdings in Warrior Met Coal were worth $1,178,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. FNY Investment Advisers LLC acquired a new position in shares of Warrior Met Coal in the fourth quarter worth $43,000. GAMMA Investing LLC increased its position in Warrior Met Coal by 56.7% during the 4th quarter. GAMMA Investing LLC now owns 989 shares of the company’s stock worth $54,000 after purchasing an additional 358 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in Warrior Met Coal by 304.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company’s stock valued at $75,000 after purchasing an additional 1,040 shares during the last quarter. Wolverine Asset Management LLC lifted its holdings in Warrior Met Coal by 264.4% in the 4th quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company’s stock valued at $94,000 after purchasing an additional 2,800 shares in the last quarter. Finally, KBC Group NV boosted its stake in shares of Warrior Met Coal by 25.0% during the 4th quarter. KBC Group NV now owns 2,139 shares of the company’s stock worth $116,000 after purchasing an additional 428 shares during the last quarter. Institutional investors and hedge funds own 92.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on HCC shares. B. Riley cut their price objective on shares of Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating for the company in a research report on Tuesday, February 18th. Benchmark reaffirmed a “hold” rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Finally, Jefferies Financial Group reduced their price target on Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Warrior Met Coal currently has an average rating of “Moderate Buy” and an average target price of $74.00.

Warrior Met Coal Price Performance

HCC opened at $46.64 on Friday. Warrior Met Coal, Inc. has a 1 year low of $44.62 and a 1 year high of $75.53. The company’s 50 day simple moving average is $51.18 and its 200 day simple moving average is $57.77. The stock has a market capitalization of $2.45 billion, a PE ratio of 9.74 and a beta of 1.10. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.34). The company had revenue of $297.47 million during the quarter, compared to analyst estimates of $331.70 million. Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. As a group, sell-side analysts expect that Warrior Met Coal, Inc. will post 4.86 EPS for the current year.

Warrior Met Coal Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 24th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date was Monday, February 24th. Warrior Met Coal’s dividend payout ratio (DPR) is presently 6.68%.

Warrior Met Coal Profile

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.