Vanguard Group Inc. Purchases 2,371 Shares of Hallador Energy (NASDAQ:HNRG)

Vanguard Group Inc. boosted its holdings in Hallador Energy (NASDAQ:HNRG) by 0.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,210,325 shares of the energy company’s stock after buying an additional 2,371 shares during the period. Vanguard Group Inc.’s holdings in Hallador Energy were worth $17,453,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of HNRG. BlackRock Inc. increased its stake in Hallador Energy by 760.8% in the 2nd quarter. BlackRock Inc. now owns 1,468,279 shares of the energy company’s stock worth $12,583,000 after buying an additional 1,297,703 shares in the last quarter. Invesco Ltd. increased its stake in Hallador Energy by 1,671.4% in the 3rd quarter. Invesco Ltd. now owns 857,655 shares of the energy company’s stock worth $12,367,000 after buying an additional 809,238 shares in the last quarter. State Street Corp increased its stake in Hallador Energy by 312.5% in the 2nd quarter. State Street Corp now owns 379,331 shares of the energy company’s stock worth $3,251,000 after buying an additional 287,364 shares in the last quarter. Geode Capital Management LLC increased its stake in Hallador Energy by 103.2% in the 2nd quarter. Geode Capital Management LLC now owns 482,693 shares of the energy company’s stock worth $4,137,000 after buying an additional 245,098 shares in the last quarter. Finally, Stifel Financial Corp purchased a new stake in Hallador Energy in the 1st quarter worth $2,236,000. Hedge funds and other institutional investors own 61.38% of the company’s stock.

Hallador Energy Trading Down 1.3 %

Shares of Hallador Energy stock opened at $4.71 on Monday. The company has a quick ratio of 0.19, a current ratio of 0.58 and a debt-to-equity ratio of 0.34. Hallador Energy has a twelve month low of $4.50 and a twelve month high of $15.79. The business has a 50-day moving average price of $6.59 and a 200-day moving average price of $9.82. The firm has a market cap of $164.31 million, a price-to-earnings ratio of 3.77 and a beta of 0.43.

Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings results on Wednesday, March 13th. The energy company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.56). Hallador Energy had a net margin of 7.06% and a return on equity of 17.81%. The business had revenue of $119.18 million during the quarter, compared to the consensus estimate of $199.20 million. Equities research analysts anticipate that Hallador Energy will post -0.07 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on HNRG shares. StockNews.com upgraded Hallador Energy from a “sell” rating to a “hold” rating in a research report on Friday, April 5th. TheStreet lowered Hallador Energy from a “b-” rating to a “c” rating in a research report on Wednesday, March 20th.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.