Warrior Met Coal, Inc. (NYSE:HCC) Position Boosted by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC grew its holdings in Warrior Met Coal, Inc. (NYSE:HCC) by 7.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,542 shares of the company’s stock after purchasing an additional 471 shares during the period. Nisa Investment Advisors LLC’s holdings in Warrior Met Coal were worth $355,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. State Street Corp increased its stake in Warrior Met Coal by 4.9% in the 3rd quarter. State Street Corp now owns 3,404,237 shares of the company’s stock valued at $217,531,000 after buying an additional 158,722 shares during the period. FMR LLC grew its holdings in shares of Warrior Met Coal by 8.6% during the 3rd quarter. FMR LLC now owns 3,210,531 shares of the company’s stock valued at $205,153,000 after acquiring an additional 254,540 shares in the last quarter. Maple Rock Capital Partners Inc. increased its stake in shares of Warrior Met Coal by 193.9% in the third quarter. Maple Rock Capital Partners Inc. now owns 1,460,992 shares of the company’s stock worth $93,357,000 after acquiring an additional 963,892 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Warrior Met Coal by 1.1% in the third quarter. Geode Capital Management LLC now owns 1,208,405 shares of the company’s stock worth $77,232,000 after acquiring an additional 13,650 shares during the last quarter. Finally, River Road Asset Management LLC raised its holdings in shares of Warrior Met Coal by 22.9% during the third quarter. River Road Asset Management LLC now owns 870,357 shares of the company’s stock worth $55,616,000 after acquiring an additional 162,387 shares in the last quarter. 92.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Jefferies Financial Group lowered their target price 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. B. Riley boosted their price target on Warrior Met Coal from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Warrior Met Coal has a consensus rating of “Moderate Buy” and a consensus target price of $75.00.

Warrior Met Coal Price Performance

NYSE HCC opened at $53.79 on Thursday. The company has a market cap of $2.81 billion, a P/E ratio of 7.43 and a beta of 1.09. Warrior Met Coal, Inc. has a 1 year low of $49.97 and a 1 year high of $75.53. The company has a current ratio of 5.81, a quick ratio of 4.67 and a debt-to-equity ratio of 0.09. The company has a fifty day simple moving average of $58.99 and a 200 day simple moving average of $61.20.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.40. The company had revenue of $327.72 million during the quarter, compared to analysts’ expectations of $322.21 million. Warrior Met Coal had a return on equity of 19.00% and a net margin of 23.77%. Warrior Met Coal’s revenue for the quarter was down 22.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.85 earnings per share. On average, sell-side analysts predict that Warrior Met Coal, Inc. will post 5.62 EPS for the current year.

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.