Squarepoint Ops LLC Makes New $1.45 Million Investment in Peabody Energy Co. (NYSE:BTU)

Squarepoint Ops LLC acquired a new stake in Peabody Energy Co. (NYSE:BTU) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 65,381 shares of the coal producer’s stock, valued at approximately $1,446,000. Squarepoint Ops LLC owned approximately 0.05% of Peabody Energy at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. GSA Capital Partners LLP increased its holdings in Peabody Energy by 32.3% in the 4th quarter. GSA Capital Partners LLP now owns 134,193 shares of the coal producer’s stock worth $3,264,000 after acquiring an additional 32,775 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Peabody Energy by 552.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 166,651 shares of the coal producer’s stock valued at $4,043,000 after purchasing an additional 141,118 shares during the period. SG Americas Securities LLC increased its stake in shares of Peabody Energy by 227.0% during the first quarter. SG Americas Securities LLC now owns 33,699 shares of the coal producer’s stock worth $818,000 after purchasing an additional 23,393 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Peabody Energy by 21.5% during the 1st quarter. Vanguard Group Inc. now owns 13,957,602 shares of the coal producer’s stock worth $338,611,000 after purchasing an additional 2,473,286 shares during the last quarter. Finally, Nomura Holdings Inc. purchased a new position in Peabody Energy in the 4th quarter valued at about $5,208,000. 87.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, B. Riley boosted their price objective on Peabody Energy from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Tuesday, September 17th.

Peabody Energy Trading Up 1.7 %

Shares of BTU stock opened at $26.41 on Friday. Peabody Energy Co. has a fifty-two week low of $20.21 and a fifty-two week high of $27.24. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.92 and a current ratio of 2.49. The stock’s fifty day moving average is $22.98 and its two-hundred day moving average is $23.11. The firm has a market capitalization of $3.36 billion, a P/E ratio of 7.36 and a beta of 0.96.

Peabody Energy (NYSE:BTU) last posted its quarterly earnings results on Thursday, August 1st. The coal producer reported $1.43 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.90. Peabody Energy had a net margin of 12.69% and a return on equity of 15.35%. The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1 billion. Research analysts expect that Peabody Energy Co. will post 3.11 earnings per share for the current fiscal year.

Peabody Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Thursday, August 15th were given a $0.075 dividend. The ex-dividend date was Thursday, August 15th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.14%. Peabody Energy’s dividend payout ratio (DPR) is presently 8.36%.

Peabody Energy Company 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.