LSV Asset Management Has $3.89 Million Stake in Warrior Met Coal, Inc. (NYSE:HCC)

LSV Asset Management trimmed its position in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 16.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 61,900 shares of the company’s stock after selling 12,600 shares during the quarter. LSV Asset Management owned 0.12% of Warrior Met Coal worth $3,885,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC raised its position in shares of Warrior Met Coal by 38.6% during the second quarter. GAMMA Investing LLC now owns 517 shares of the company’s stock worth $32,000 after purchasing an additional 144 shares during the period. SummerHaven Investment Management LLC raised its position in Warrior Met Coal by 1.2% in the 2nd quarter. SummerHaven Investment Management LLC now owns 19,319 shares of the company’s stock valued at $1,213,000 after buying an additional 231 shares during the last quarter. Sei Investments Co. raised its position in Warrior Met Coal by 1.2% in the 1st quarter. Sei Investments Co. now owns 23,202 shares of the company’s stock valued at $1,408,000 after buying an additional 277 shares during the last quarter. QRG Capital Management Inc. raised its position in Warrior Met Coal by 4.5% in the 2nd quarter. QRG Capital Management Inc. now owns 6,397 shares of the company’s stock valued at $402,000 after buying an additional 277 shares during the last quarter. Finally, Arizona State Retirement System raised its position in Warrior Met Coal by 2.4% in the 2nd quarter. Arizona State Retirement System now owns 14,640 shares of the company’s stock valued at $919,000 after buying an additional 344 shares during the last quarter. 92.28% of the stock is owned by institutional investors and hedge funds.

Warrior Met Coal Stock Up 0.8 %

Shares of NYSE:HCC opened at $52.07 on Thursday. The company has a market capitalization of $2.72 billion, a PE ratio of 6.27 and a beta of 1.02. The company has a debt-to-equity ratio of 0.09, a current ratio of 6.37 and a quick ratio of 5.37. The business has a fifty day moving average price of $62.96 and a two-hundred day moving average price of $63.09. Warrior Met Coal, Inc. has a 1 year low of $42.95 and a 1 year high of $75.53.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings data on Thursday, August 1st. The company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.03. The firm had revenue of $396.52 million during the quarter, compared to the consensus estimate of $387.91 million. Warrior Met Coal had a return on equity of 22.71% and a net margin of 25.01%. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.63 EPS. Analysts forecast that Warrior Met Coal, Inc. will post 6.87 earnings per share for the current year.

Warrior Met Coal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 13th. Shareholders of record on Tuesday, August 6th were paid a $0.08 dividend. The ex-dividend date was Tuesday, August 6th. This represents a $0.32 dividend on an annualized basis and a yield of 0.61%. Warrior Met Coal’s dividend payout ratio (DPR) is presently 3.85%.

Analyst Ratings Changes

HCC has been the subject of a number of analyst reports. B. Riley lowered their price target on Warrior Met Coal from $92.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, September 6th. Benchmark reissued a “hold” rating on shares of Warrior Met Coal in a research report on Monday, August 5th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Warrior Met Coal has a consensus rating of “Moderate Buy” and an average price target of $72.60.

Insider Buying and Selling at Warrior Met Coal

In other news, CEO Walter J. Scheller sold 23,148 shares of the stock in a transaction on Wednesday, July 3rd. The stock was sold at an average price of $75.15, for a total transaction of $1,739,572.20. Following the completion of the transaction, the chief executive officer now owns 340,485 shares in the company, valued at approximately $25,587,447.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Kelli K. Gant sold 10,000 shares of the stock in a transaction on Wednesday, July 3rd. The stock was sold at an average price of $75.06, for a total transaction of $750,600.00. Following the completion of the transaction, the insider now owns 61,678 shares in the company, valued at approximately $4,629,550.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Walter J. Scheller sold 23,148 shares of the stock in a transaction on Wednesday, July 3rd. The stock was sold at an average price of $75.15, for a total value of $1,739,572.20. Following the transaction, the chief executive officer now owns 340,485 shares of the company’s stock, valued at approximately $25,587,447.75. The disclosure for this sale can be found here. Corporate insiders own 1.00% of the company’s stock.

Warrior Met Coal Company 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.