Peabody Energy Co. (NYSE:BTU) Shares Acquired by Creative Planning

Creative Planning increased its position in Peabody Energy Co. (NYSE:BTU) by 62.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,757 shares of the coal producer’s stock after buying an additional 6,844 shares during the period. Creative Planning’s holdings in Peabody Energy were worth $471,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Blue Trust Inc. raised its position in shares of Peabody Energy by 11,390.0% in the second quarter. Blue Trust Inc. now owns 1,149 shares of the coal producer’s stock valued at $28,000 after buying an additional 1,139 shares during the last quarter. Natixis grew its holdings in Peabody Energy by 8,355.0% in the first quarter. Natixis now owns 1,691 shares of the coal producer’s stock valued at $41,000 after purchasing an additional 1,671 shares during the period. Altshuler Shaham Ltd purchased a new stake in Peabody Energy in the second quarter valued at approximately $44,000. GAMMA Investing LLC grew its holdings in Peabody Energy by 292.6% in the third quarter. GAMMA Investing LLC now owns 2,057 shares of the coal producer’s stock valued at $55,000 after purchasing an additional 1,533 shares during the period. Finally, Headlands Technologies LLC purchased a new stake in Peabody Energy in the second quarter valued at approximately $78,000. Institutional investors and hedge funds own 87.44% of the company’s stock.

Analyst Upgrades and Downgrades

BTU has been the subject of a number of recent analyst reports. B. Riley boosted their target price on shares of Peabody Energy from $32.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, September 17th. Benchmark boosted their target price on shares of Peabody Energy from $28.00 to $30.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, BMO Capital Markets boosted their target price on shares of Peabody Energy from $25.00 to $26.00 and gave the company a “market perform” rating in a report on Thursday, October 10th.

Peabody Energy Price Performance

Shares of BTU stock opened at $29.81 on Thursday. The company has a market capitalization of $3.75 billion, a PE ratio of 7.88 and a beta of 0.98. The firm has a fifty day simple moving average of $24.52 and a 200-day simple moving average of $23.41. The company has a current ratio of 2.32, a quick ratio of 1.75 and a debt-to-equity ratio of 0.09. Peabody Energy Co. has a twelve month low of $20.21 and a twelve month high of $29.94.

Peabody Energy (NYSE:BTU) last announced its earnings results on Thursday, October 31st. The coal producer reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.16. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.07 billion. Peabody Energy had a net margin of 12.24% and a return on equity of 14.74%. The business’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.80 earnings per share. Equities research analysts anticipate that Peabody Energy Co. will post 2.98 earnings per share for the current fiscal year.

Peabody Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Thursday, November 14th will be paid a $0.075 dividend. The ex-dividend date is Thursday, November 14th. This represents a $0.30 annualized dividend and a dividend yield of 1.01%. Peabody Energy’s dividend payout ratio (DPR) is presently 7.94%.

About Peabody Energy

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.