Geode Capital Management LLC Purchases 11,358 Shares of Hallador Energy (NASDAQ:HNRG)

Geode Capital Management LLC raised its holdings in shares of Hallador Energy (NASDAQ:HNRG) by 1.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 684,159 shares of the energy company’s stock after purchasing an additional 11,358 shares during the period. Geode Capital Management LLC owned 1.61% of Hallador Energy worth $7,836,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Rhumbline Advisers boosted its stake in Hallador Energy by 3.0% in the fourth quarter. Rhumbline Advisers now owns 36,672 shares of the energy company’s stock valued at $420,000 after acquiring an additional 1,068 shares during the last quarter. Savant Capital LLC grew its stake in shares of Hallador Energy by 9.1% during the fourth quarter. Savant Capital LLC now owns 24,717 shares of the energy company’s stock worth $283,000 after purchasing an additional 2,055 shares during the period. Boston Partners increased its holdings in Hallador Energy by 15.7% in the fourth quarter. Boston Partners now owns 29,250 shares of the energy company’s stock valued at $335,000 after purchasing an additional 3,965 shares during the last quarter. State Street Corp lifted its stake in Hallador Energy by 1.5% in the third 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, Empowered Funds LLC boosted its holdings in Hallador Energy by 5.1% during the fourth quarter. Empowered Funds LLC now owns 233,185 shares of the energy company’s stock worth $2,670,000 after buying an additional 11,288 shares during the last quarter. Institutional investors own 61.38% of the company’s stock.

Analyst Ratings Changes

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

Hallador Energy Trading Up 3.2 %

NASDAQ HNRG opened at $14.93 on Friday. Hallador Energy has a one year low of $4.59 and a one year high of $15.22. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.58 and a quick ratio of 0.17. The firm has a market cap of $636.30 million, a P/E ratio of -27.14 and a beta of 0.18. The stock’s 50-day moving average is $11.68 and its 200-day moving average is $11.50.

Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings results on Monday, March 17th. The energy company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. The firm had revenue of $94.80 million for the quarter, compared to analyst estimates of $102.46 million. Sell-side analysts anticipate that Hallador Energy will post -0.31 earnings per share for the current fiscal year.

About Hallador Energy

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.