BNP Paribas Financial Markets Has $450,000 Holdings in Warrior Met Coal, Inc. (NYSE:HCC)

BNP Paribas Financial Markets trimmed its position in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 38.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,292 shares of the company’s stock after selling 5,101 shares during the period. BNP Paribas Financial Markets’ holdings in Warrior Met Coal were worth $450,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Quadrant Capital Group LLC raised its position in Warrior Met Coal by 31.0% in the fourth quarter. Quadrant Capital Group LLC now owns 1,179 shares of the company’s stock worth $64,000 after purchasing an additional 279 shares in the last quarter. Smartleaf Asset Management LLC grew its position in shares of Warrior Met Coal by 304.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company’s stock worth $75,000 after buying an additional 1,040 shares during the period. Sterling Capital Management LLC boosted its position in shares of Warrior Met Coal by 818.0% during the fourth quarter. Sterling Capital Management LLC now owns 1,634 shares of the company’s stock worth $89,000 after purchasing an additional 1,456 shares in the last quarter. Wolverine Asset Management LLC increased its holdings in shares of Warrior Met Coal by 264.4% in the fourth quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company’s stock worth $94,000 after acquiring an additional 2,800 shares in the last quarter. Finally, KBC Group NV lifted its stake in Warrior Met Coal by 25.0% in the fourth quarter. KBC Group NV now owns 2,139 shares of the company’s stock valued at $116,000 after buying an additional 428 shares in the last quarter. 92.28% of the stock is owned by institutional investors.

Warrior Met Coal Stock Performance

Shares of Warrior Met Coal stock opened at $45.34 on Monday. The company has a 50 day moving average of $47.00 and a 200-day moving average of $53.31. The company has a market cap of $2.38 billion, a PE ratio of 9.47 and a beta of 0.75. The company has a current ratio of 5.20, a quick ratio of 3.99 and a debt-to-equity ratio of 0.09. Warrior Met Coal, Inc. has a 1-year low of $38.00 and a 1-year high of $75.53.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings results on Wednesday, April 30th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.11). Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. The company had revenue of $299.94 million for the quarter, compared to the consensus estimate of $296.39 million. During the same period last year, the firm posted $2.63 earnings per share. The company’s revenue for the quarter was down 40.4% compared to the same quarter last year. As a group, equities research analysts forecast that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current fiscal year.

Warrior Met Coal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 12th. Investors of record on Monday, May 5th were issued a $0.08 dividend. The ex-dividend date of this dividend was Monday, May 5th. This represents a $0.32 dividend on an annualized basis and a yield of 0.71%. Warrior Met Coal’s payout ratio is 15.92%.

Wall Street Analyst Weigh In

Several research firms have commented on HCC. B. Riley cut their target price on Warrior Met Coal from $86.00 to $76.00 and set a “buy” rating on the stock in a research note on Friday, April 11th. Benchmark reiterated a “hold” rating on shares of Warrior Met Coal in a report on Friday, February 14th. Finally, UBS Group lowered their price objective on Warrior Met Coal from $68.00 to $50.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 7th.

Warrior Met Coal Company Profile

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.