Warrior Met Coal, Inc. (NYSE:HCC) is O Keefe Stevens Advisory Inc.’s 3rd Largest Position

O Keefe Stevens Advisory Inc. lifted its position in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 0.8% during the third quarter, Holdings Channel reports. The institutional investor owned 265,577 shares of the company’s stock after purchasing an additional 1,980 shares during the period. Warrior Met Coal makes up approximately 5.1% of O Keefe Stevens Advisory Inc.’s investment portfolio, making the stock its 3rd biggest position. O Keefe Stevens Advisory Inc.’s holdings in Warrior Met Coal were worth $16,970,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC boosted its stake in Warrior Met Coal by 38.6% in the 2nd 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. EntryPoint Capital LLC purchased a new position in shares of Warrior Met Coal in the first quarter worth $54,000. Ausbil Investment Management Ltd purchased a new position in shares of Warrior Met Coal in the second quarter worth $82,000. Meeder Asset Management Inc. bought a new position in shares of Warrior Met Coal during the first quarter worth $104,000. Finally, Allspring Global Investments Holdings LLC purchased a new position in Warrior Met Coal during the first quarter valued at $104,000. Institutional investors own 92.28% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on HCC shares. Benchmark reiterated a “hold” rating on shares of Warrior Met Coal in a research note on Monday, August 5th. B. Riley decreased their target price on Warrior Met Coal from $92.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, September 6th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Warrior Met Coal currently has an average rating of “Hold” and a consensus price target of $75.75.

Warrior Met Coal Price Performance

Warrior Met Coal stock opened at $61.70 on Wednesday. Warrior Met Coal, Inc. has a 52-week low of $44.76 and a 52-week high of $75.53. The company has a quick ratio of 5.37, a current ratio of 6.37 and a debt-to-equity ratio of 0.09. The firm’s fifty day moving average is $58.98 and its 200 day moving average is $63.41. The company has a market cap of $3.23 billion, a price-to-earnings ratio of 7.42 and a beta of 1.02.

Warrior Met Coal (NYSE:HCC) last announced its earnings results on Thursday, August 1st. The company reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.03. The firm had revenue of $396.52 million for the quarter, compared to analysts’ expectations of $387.91 million. Warrior Met Coal had a net margin of 25.01% and a return on equity of 22.71%. The business’s revenue was up 4.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.63 EPS. Sell-side analysts forecast that Warrior Met Coal, Inc. will post 5.55 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 13th. Stockholders of record on Tuesday, August 6th were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date was Tuesday, August 6th. Warrior Met Coal’s dividend payout ratio (DPR) is 3.85%.

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.