Denali Advisors LLC Acquires 3,329 Shares of Peabody Energy Co. (NYSE:BTU)

Denali Advisors LLC raised its holdings in Peabody Energy Co. (NYSE:BTU) by 2.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 151,111 shares of the coal producer’s stock after buying an additional 3,329 shares during the period. Denali Advisors LLC’s holdings in Peabody Energy were worth $3,164,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. FMR LLC grew its position in Peabody Energy by 9.7% in the 3rd quarter. FMR LLC now owns 6,897 shares of the coal producer’s stock valued at $183,000 after acquiring an additional 611 shares during the last quarter. Byrne Asset Management LLC grew its position in Peabody Energy by 63.3% in the 4th quarter. Byrne Asset Management LLC now owns 1,755 shares of the coal producer’s stock valued at $37,000 after acquiring an additional 680 shares during the last quarter. Janney Montgomery Scott LLC grew its position in Peabody Energy by 3.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 24,556 shares of the coal producer’s stock valued at $514,000 after acquiring an additional 885 shares during the last quarter. Larson Financial Group LLC grew its position in Peabody Energy by 43.0% in the 3rd quarter. Larson Financial Group LLC now owns 3,350 shares of the coal producer’s stock valued at $89,000 after acquiring an additional 1,008 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its position in Peabody Energy by 69.7% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,802 shares of the coal producer’s stock valued at $74,000 after acquiring an additional 1,151 shares during the last quarter. Institutional investors own 87.44% of the company’s stock.

Peabody Energy Price Performance

Shares of BTU stock opened at $14.42 on Wednesday. Peabody Energy Co. has a twelve month low of $14.30 and a twelve month high of $29.94. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 5.34 and a beta of 0.95. The stock has a fifty day simple moving average of $18.42 and a two-hundred day simple moving average of $22.29. The company has a current ratio of 2.15, a quick ratio of 1.68 and a debt-to-equity ratio of 0.27.

Peabody Energy (NYSE:BTU) last issued its quarterly earnings data on Thursday, February 6th. The coal producer reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.25). Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%. On average, analysts predict that Peabody Energy Co. will post 2.61 EPS for the current fiscal year.

Peabody Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Wednesday, February 19th will be issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date of this dividend is Wednesday, February 19th. Peabody Energy’s dividend payout ratio is presently 11.11%.

Analysts Set New Price Targets

Several brokerages have commented on BTU. Jefferies Financial Group cut their price objective on Peabody Energy from $30.00 to $26.00 and set a “buy” rating on the stock in a research report on Monday, January 6th. BMO Capital Markets upgraded Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 target price for the company in a report on Monday, December 16th. Finally, Benchmark lowered their target price on Peabody Energy from $30.00 to $26.00 and set a “buy” rating for the company in a report on Friday, February 7th.

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.