Peabody Energy Co. (NYSE:BTU) Shares Sold by UBS Group AG

UBS Group AG cut its holdings in Peabody Energy Co. (NYSE:BTUFree Report) by 36.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 302,395 shares of the coal producer’s stock after selling 169,886 shares during the period. UBS Group AG owned about 0.23% of Peabody Energy worth $7,354,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its holdings in shares of Peabody Energy by 4.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,147,834 shares of the coal producer’s stock valued at $173,838,000 after acquiring an additional 273,768 shares during the last quarter. Boston Partners increased its stake in Peabody Energy by 7.0% in the fourth quarter. Boston Partners now owns 6,729,856 shares of the coal producer’s stock valued at $163,968,000 after purchasing an additional 437,585 shares during the last quarter. Gendell Jeffrey L increased its stake in Peabody Energy by 18.6% in the third quarter. Gendell Jeffrey L now owns 2,194,474 shares of the coal producer’s stock valued at $57,034,000 after purchasing an additional 344,793 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in Peabody Energy by 106.1% during the fourth quarter. Assenagon Asset Management S.A. now owns 2,154,535 shares of the coal producer’s stock worth $52,398,000 after purchasing an additional 1,109,261 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Peabody Energy by 22.4% during the 3rd quarter. Northern Trust Corp now owns 1,920,570 shares of the coal producer’s stock worth $49,916,000 after buying an additional 351,103 shares during the last quarter. 87.44% of the stock is owned by hedge funds and other institutional investors.

Peabody Energy Stock Down 6.0 %

BTU stock opened at $23.89 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.36 and a quick ratio of 1.86. The company has a market cap of $3.04 billion, a price-to-earnings ratio of 6.65 and a beta of 0.97. Peabody Energy Co. has a 12 month low of $18.62 and a 12 month high of $27.24. The company has a fifty day moving average price of $23.29 and a 200 day moving average price of $24.25.

Peabody Energy (NYSE:BTUGet Free Report) last announced its earnings results on Thursday, May 2nd. The coal producer reported $0.30 earnings per share for the quarter, meeting the consensus estimate of $0.30. The company had revenue of $983.60 million for the quarter, compared to the consensus estimate of $980.03 million. Peabody Energy had a return on equity of 14.98% and a net margin of 11.62%. The company’s revenue was down 27.9% on a year-over-year basis. During the same period last year, the business posted $1.69 EPS. Sell-side analysts expect that Peabody Energy Co. will post 2.22 earnings per share for the current year.

Peabody Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Thursday, May 16th will be paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date of this dividend is Wednesday, May 15th. Peabody Energy’s dividend payout ratio (DPR) is 8.36%.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. B. Riley dropped their target price on shares of Peabody Energy from $32.00 to $31.00 and set a “buy” rating on the stock in a research report on Friday, May 3rd. BMO Capital Markets dropped their price objective on Peabody Energy from $25.00 to $24.00 and set a “market perform” rating on the stock in a report on Friday, May 3rd. Finally, Benchmark reissued a “buy” rating and issued a $28.00 target price on shares of Peabody Energy in a report on Friday, May 3rd. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Peabody Energy currently has an average rating of “Moderate Buy” and an average target price of $28.25.

Check Out Our Latest Stock Report on BTU

Peabody Energy Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Peabody Energy (NYSE:BTU)

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