Warrior Met Coal, Inc. (NYSE:HCC) Stock Holdings Lessened by High Ground Investment Management LLP

High Ground Investment Management LLP cut its holdings in Warrior Met Coal, Inc. (NYSE:HCC) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 172,113 shares of the company’s stock after selling 1,701 shares during the quarter. Warrior Met Coal accounts for approximately 2.9% of High Ground Investment Management LLP’s investment portfolio, making the stock its 4th largest position. High Ground Investment Management LLP’s holdings in Warrior Met Coal were worth $9,335,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. FNY Investment Advisers LLC bought a new stake in Warrior Met Coal during the fourth quarter worth approximately $43,000. GAMMA Investing LLC boosted its holdings in shares of Warrior Met Coal by 56.7% in the 4th quarter. GAMMA Investing LLC now owns 989 shares of the company’s stock worth $54,000 after purchasing an additional 358 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of Warrior Met Coal by 304.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company’s stock worth $75,000 after purchasing an additional 1,040 shares during the period. Wolverine Asset Management LLC increased its position in shares of Warrior Met Coal by 264.4% during the 4th quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company’s stock valued at $94,000 after purchasing an additional 2,800 shares during the last quarter. Finally, KBC Group NV raised its holdings in Warrior Met Coal by 25.0% during the 4th quarter. KBC Group NV now owns 2,139 shares of the company’s stock valued at $116,000 after buying an additional 428 shares during the period. Institutional investors own 92.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on HCC shares. Jefferies Financial Group dropped 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 note on Monday, January 6th. Benchmark reaffirmed a “hold” rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Finally, B. Riley reduced their price objective on shares of Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating on the stock in a research report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $74.00.

Warrior Met Coal Stock Up 3.2 %

NYSE:HCC opened at $50.47 on Friday. The company has a market cap of $2.65 billion, a price-to-earnings ratio of 10.54 and a beta of 1.10. Warrior Met Coal, Inc. has a twelve month low of $44.62 and a twelve month high of $75.53. The company has a current ratio of 5.20, a quick ratio of 3.99 and a debt-to-equity ratio of 0.09. The stock has a fifty day simple moving average of $50.80 and a 200-day simple moving average of $57.61.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.34). The company had revenue of $297.47 million for the quarter, compared to the consensus estimate of $331.70 million. Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. Analysts anticipate that Warrior Met Coal, Inc. will post 4.86 EPS for the current year.

Warrior Met Coal Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were issued a $0.08 dividend. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.63%. Warrior Met Coal’s payout ratio is 6.68%.

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.