KBC Group NV Purchases 428 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

KBC Group NV grew its holdings in Warrior Met Coal, Inc. (NYSE:HCC) by 25.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,139 shares of the company’s stock after purchasing an additional 428 shares during the quarter. KBC Group NV’s holdings in Warrior Met Coal were worth $116,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Blue Trust Inc. boosted its stake in Warrior Met Coal by 48.5% during the 3rd quarter. Blue Trust Inc. now owns 551 shares of the company’s stock valued at $35,000 after purchasing an additional 180 shares during the period. FNY Investment Advisers LLC acquired a new position in shares of Warrior Met Coal during the fourth quarter worth approximately $43,000. GAMMA Investing LLC lifted its holdings in shares of Warrior Met Coal by 56.7% during the fourth quarter. GAMMA Investing LLC now owns 989 shares of the company’s stock worth $54,000 after buying an additional 358 shares during the last quarter. Crossmark Global Holdings Inc. bought a new stake in shares of Warrior Met Coal in the third quarter valued at approximately $204,000. Finally, Townsquare Capital LLC grew its stake in shares of Warrior Met Coal by 26.2% in the third quarter. Townsquare Capital LLC now owns 4,375 shares of the company’s stock worth $280,000 after acquiring an additional 907 shares during the last quarter. 92.28% of the stock is currently owned by institutional investors.

Warrior Met Coal Stock Down 1.6 %

Shares of HCC stock opened at $52.36 on Friday. The stock has a market cap of $2.74 billion, a P/E ratio of 7.23 and a beta of 1.07. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.81 and a quick ratio of 4.67. The stock has a fifty day moving average price of $56.51 and a 200 day moving average price of $60.41. Warrior Met Coal, Inc. has a one year low of $49.97 and a one year high of $75.53.

Wall Street Analyst Weigh In

Several equities analysts recently commented on HCC shares. B. Riley upped their target price on shares of Warrior Met Coal from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Jefferies Financial Group cut their price objective on shares of Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company in a research report on Monday, January 6th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $75.00.

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.