Ramaco Resources, Inc. (NASDAQ:METCB) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its position in Ramaco Resources, Inc. (NASDAQ:METCB) by 48.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 76,718 shares of the company’s stock after acquiring an additional 25,084 shares during the period. Dimensional Fund Advisors LP owned approximately 0.15% of Ramaco Resources worth $758,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of METCB. Barclays PLC lifted its stake in Ramaco Resources by 321.3% in the third quarter. Barclays PLC now owns 7,184 shares of the company’s stock valued at $77,000 after acquiring an additional 5,479 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Ramaco Resources by 191.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,284 shares of the company’s stock worth $100,000 after buying an additional 6,103 shares in the last quarter. Discovery Capital Management LLC CT acquired a new position in Ramaco Resources during the 4th quarter worth about $106,000. Wells Fargo & Company MN raised its holdings in Ramaco Resources by 620.7% during the 4th quarter. Wells Fargo & Company MN now owns 11,099 shares of the company’s stock worth $110,000 after purchasing an additional 9,559 shares during the last quarter. Finally, Wellington Management Group LLP bought a new stake in shares of Ramaco Resources in the 4th quarter valued at about $146,000. Institutional investors and hedge funds own 9.63% of the company’s stock.

Ramaco Resources Stock Performance

NASDAQ METCB opened at $8.30 on Friday. Ramaco Resources, Inc. has a 52-week low of $6.01 and a 52-week high of $11.60. The business has a 50 day simple moving average of $7.95 and a 200 day simple moving average of $9.08. The stock has a market cap of $448.20 million, a price-to-earnings ratio of -92.22 and a beta of 1.03.

Ramaco Resources (NASDAQ:METCB) last released its quarterly earnings data on Monday, May 12th. The company reported ($0.20) EPS for the quarter. The firm had revenue of $134.66 million during the quarter.

Ramaco Resources Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be issued a dividend of $0.1811 per share. The ex-dividend date is Friday, May 30th. Ramaco Resources’s dividend payout ratio is currently -800.00%.

Ramaco Resources Company Profile

Ramaco Resources, Inc engages in the development, operation, and sale of metallurgical coal. Its development portfolio includes the Elk Creek project that covers an area of approximately 20,200 acres located in southern West Virginia; the Berwind property covering an area of approximately 62,500 acres situated on the border of West Virginia and Virginia; the Knox Creek property, which covers an area of approximately 64,050 acres is located in Virginia; the Maben property covering an area of approximately 28,000 acres situated in southwestern Pennsylvania southern West Virginia; and the Brook Mine property that covers an area of approximately 16,000 acres located in northeastern Wyoming.