Peabody Energy Co. (NYSE:BTU) Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Peabody Energy Co. (NYSE:BTU) by 0.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 145,613 shares of the coal producer’s stock after purchasing an additional 1,242 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.12% of Peabody Energy worth $3,865,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of BTU. Pacer Advisors Inc. grew its stake in Peabody Energy by 265,937.3% during the 3rd quarter. Pacer Advisors Inc. now owns 8,023,686 shares of the coal producer’s stock worth $212,949,000 after purchasing an additional 8,020,670 shares in the last quarter. American Century Companies Inc. grew its stake in Peabody Energy by 20.2% during the 2nd quarter. American Century Companies Inc. now owns 3,165,258 shares of the coal producer’s stock worth $70,016,000 after purchasing an additional 531,440 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Peabody Energy by 14.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,388,681 shares of the coal producer’s stock worth $36,856,000 after purchasing an additional 171,272 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in Peabody Energy by 167.4% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 200,073 shares of the coal producer’s stock worth $5,310,000 after purchasing an additional 125,244 shares in the last quarter. Finally, CX Institutional purchased a new stake in Peabody Energy during the 3rd quarter worth about $3,133,000. 87.44% of the stock is owned by institutional investors and hedge funds.

Peabody Energy Stock Up 0.5 %

Peabody Energy stock opened at $22.30 on Friday. Peabody Energy Co. has a fifty-two week low of $20.21 and a fifty-two week high of $29.94. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.75 and a current ratio of 2.32. The company has a market capitalization of $2.71 billion, a P/E ratio of 5.90 and a beta of 0.95. The stock has a 50-day simple moving average of $25.60 and a 200-day simple moving average of $23.87.

Peabody Energy (NYSE:BTU) last posted its quarterly earnings data on Thursday, October 31st. The coal producer reported $0.74 EPS for the quarter, beating the consensus estimate of $0.58 by $0.16. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.07 billion. Peabody Energy had a return on equity of 14.74% and a net margin of 12.24%. The firm’s revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.80 EPS. Equities research analysts expect that Peabody Energy Co. will post 3.15 earnings per share for the current year.

Peabody Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Thursday, November 14th were given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 1.35%. The ex-dividend date was Thursday, November 14th. Peabody Energy’s payout ratio is 7.94%.

Insiders Place Their Bets

In other Peabody Energy news, CFO Mark Spurbeck sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $29.52, for a total transaction of $295,200.00. Following the transaction, the chief financial officer now owns 65,710 shares in the company, valued at approximately $1,939,759.20. The trade was a 13.21 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.09% of the stock is currently owned by insiders.

Analysts Set New Price Targets

BTU has been the subject of a number of recent analyst reports. BMO Capital Markets lifted their price target on Peabody Energy from $25.00 to $26.00 and gave the stock a “market perform” rating in a report on Thursday, October 10th. B. Riley lifted their price target on Peabody Energy from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Tuesday, September 17th. Finally, Benchmark lifted their price target on Peabody Energy from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, November 1st.

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.