Arch Resources, Inc. (NYSE:ARCH) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC cut its position in shares of Arch Resources, Inc. (NYSE:ARCH) by 59.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,852 shares of the energy company’s stock after selling 2,748 shares during the period. Nisa Investment Advisors LLC’s holdings in Arch Resources were worth $307,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of ARCH. Stratos Wealth Advisors LLC raised its stake in shares of Arch Resources by 1.1% during the 4th quarter. Stratos Wealth Advisors LLC now owns 5,599 shares of the energy company’s stock worth $929,000 after buying an additional 63 shares during the last quarter. Advisor Group Holdings Inc. grew its stake in Arch Resources by 2.9% in the 1st quarter. Advisor Group Holdings Inc. now owns 2,371 shares of the energy company’s stock valued at $325,000 after acquiring an additional 67 shares during the last quarter. Covestor Ltd increased its holdings in Arch Resources by 61.4% during the 3rd quarter. Covestor Ltd now owns 184 shares of the energy company’s stock valued at $31,000 after acquiring an additional 70 shares in the last quarter. Unison Advisors LLC raised its position in Arch Resources by 2.5% during the fourth quarter. Unison Advisors LLC now owns 4,792 shares of the energy company’s stock worth $795,000 after acquiring an additional 119 shares during the last quarter. Finally, Captrust Financial Advisors lifted its holdings in shares of Arch Resources by 113.8% in the second quarter. Captrust Financial Advisors now owns 295 shares of the energy company’s stock valued at $42,000 after purchasing an additional 157 shares in the last quarter. 88.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Pamela R. Butcher purchased 200 shares of the stock in a transaction on Wednesday, March 13th. The stock was purchased at an average price of $165.00 per share, with a total value of $33,000.00. Following the completion of the transaction, the director now owns 200 shares in the company, valued at $33,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Arch Resources news, Director Pamela R. Butcher purchased 200 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The shares were purchased at an average price of $165.00 per share, for a total transaction of $33,000.00. Following the completion of the acquisition, the director now owns 200 shares of the company’s stock, valued at approximately $33,000. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP John A. Ziegler sold 148 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $172.33, for a total transaction of $25,504.84. Following the sale, the vice president now owns 23,232 shares of the company’s stock, valued at $4,003,570.56. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 104,335 shares of company stock valued at $19,126,100. 5.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on ARCH shares. Citigroup reissued a “neutral” rating and set a $170.00 price objective (down from $185.00) on shares of Arch Resources in a research note on Thursday. StockNews.com lowered shares of Arch Resources from a “buy” rating to a “hold” rating in a report on Thursday, March 7th. BMO Capital Markets reiterated a “market perform” rating and set a $165.00 price target (down from $180.00) on shares of Arch Resources in a report on Wednesday, April 10th. Finally, B. Riley decreased their target price on shares of Arch Resources from $198.00 to $193.00 and set a “buy” rating on the stock in a research report on Monday. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Arch Resources has an average rating of “Hold” and an average target price of $177.00.

Arch Resources Stock Down 1.0 %

ARCH opened at $162.66 on Friday. Arch Resources, Inc. has a 12 month low of $102.42 and a 12 month high of $187.60. The business has a 50-day moving average of $164.88 and a two-hundred day moving average of $163.32. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.49 and a quick ratio of 1.83. The stock has a market capitalization of $2.97 billion, a price-to-earnings ratio of 6.77 and a beta of 0.68.

Arch Resources (NYSE:ARCH) last released its earnings results on Thursday, February 15th. The energy company reported $6.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.90 by ($0.83). The company had revenue of $774.00 million during the quarter, compared to analysts’ expectations of $704.53 million. Arch Resources had a net margin of 14.75% and a return on equity of 32.20%. Arch Resources’s revenue for the quarter was down 9.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $23.18 earnings per share. On average, research analysts expect that Arch Resources, Inc. will post 16.73 earnings per share for the current year.

Arch Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.61%. Arch Resources’s payout ratio is 4.16%.

About Arch Resources

Arch Resources, Inc engages in the production and sale of metallurgical products. It operates in two segments, Metallurgical and Thermal. The company operates active mines. It owned or controlled primarily through long-term leases of coal land in Ohio, Maryland, Virginia, West Virginia, Wyoming, Kentucky, Montana, Pennsylvania, Colorado, and Illinois; and smaller parcels of property in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas.