Russell Investments Group Ltd. Buys 100,658 Shares of Hallador Energy (NASDAQ:HNRG)

Russell Investments Group Ltd. lifted its position in Hallador Energy (NASDAQ:HNRG) by 814.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 113,023 shares of the energy company’s stock after purchasing an additional 100,658 shares during the quarter. Russell Investments Group Ltd. owned 0.27% of Hallador Energy worth $1,294,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in HNRG. Vanguard Group Inc. lifted its position in shares of Hallador Energy by 13.9% during the fourth quarter. Vanguard Group Inc. now owns 1,627,909 shares of the energy company’s stock worth $18,640,000 after purchasing an additional 198,790 shares in the last quarter. American Century Companies Inc. lifted its holdings in Hallador Energy by 22.6% during the 4th quarter. American Century Companies Inc. now owns 794,303 shares of the energy company’s stock worth $9,095,000 after buying an additional 146,450 shares in the last quarter. Geode Capital Management LLC boosted its position in Hallador Energy by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 684,159 shares of the energy company’s stock valued at $7,836,000 after buying an additional 11,358 shares during the last quarter. State Street Corp increased its stake in shares of Hallador Energy by 1.5% in the 3rd quarter. State Street Corp now owns 525,123 shares of the energy company’s stock valued at $4,952,000 after buying an additional 7,764 shares during the period. Finally, Highland Peak Capital LLC bought a new stake in shares of Hallador Energy during the fourth quarter worth $5,895,000. 61.38% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. StockNews.com raised shares of Hallador Energy from a “sell” rating to a “hold” rating in a research note on Monday, April 7th. B. Riley increased their price target on Hallador Energy from $13.00 to $15.00 and gave the company a “buy” rating in a research note on Tuesday, April 1st.

Hallador Energy Stock Up 2.8 %

Shares of HNRG stock opened at $14.37 on Monday. The firm’s fifty day moving average price is $11.42 and its two-hundred day moving average price is $11.40. Hallador Energy has a 1 year low of $4.59 and a 1 year high of $14.76. The company has a current ratio of 0.58, a quick ratio of 0.17 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $612.44 million, a P/E ratio of -26.13 and a beta of 0.18.

Hallador Energy (NASDAQ:HNRG) last released its quarterly earnings data on Monday, March 17th. The energy company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.01. The company had revenue of $94.80 million during the quarter, compared to the consensus estimate of $102.46 million. Hallador Energy had a negative return on equity of 6.71% and a negative net margin of 4.85%. On average, equities analysts predict that Hallador Energy will post -0.31 EPS for the current fiscal year.

Hallador Energy 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.