Yousif Capital Management LLC Has $900,000 Position in Warrior Met Coal (NYSE:HCC)

Yousif Capital Management LLC lowered its position in Warrior Met Coal (NYSE:HCC) by 2.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,864 shares of the company’s stock after selling 451 shares during the quarter. Yousif Capital Management LLC’s holdings in Warrior Met Coal were worth $900,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD lifted its stake in shares of Warrior Met Coal by 5.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,259,608 shares of the company’s stock worth $122,563,000 after buying an additional 117,717 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in shares of Warrior Met Coal by 272.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,994,301 shares of the company’s stock worth $108,171,000 after buying an additional 1,458,279 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Warrior Met Coal by 7.1% during the 4th quarter. American Century Companies Inc. now owns 1,748,274 shares of the company’s stock worth $94,826,000 after buying an additional 115,675 shares during the last quarter. Dalal Street LLC increased its position in Warrior Met Coal by 144.1% during the fourth quarter. Dalal Street LLC now owns 1,704,670 shares of the company’s stock worth $92,461,000 after acquiring an additional 1,006,263 shares during the period. Finally, Allianz Asset Management GmbH increased its position in Warrior Met Coal by 10.1% during the fourth quarter. Allianz Asset Management GmbH now owns 1,378,645 shares of the company’s stock worth $74,778,000 after acquiring an additional 126,911 shares during the period. Institutional investors and hedge funds own 92.28% of the company’s stock.

Warrior Met Coal Stock Up 0.5%

Shares of NYSE HCC opened at $46.96 on Thursday. The company has a market capitalization of $2.47 billion, a P/E ratio of 23.36 and a beta of 0.69. Warrior Met Coal has a 52-week low of $38.00 and a 52-week high of $75.53. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.00 and a current ratio of 5.14. The company’s 50 day moving average price is $47.23 and its 200-day moving average price is $50.73.

Warrior Met Coal (NYSE:HCC) last released its quarterly earnings data on Wednesday, April 30th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.11). The company had revenue of $299.94 million during the quarter, compared to the consensus estimate of $296.39 million. Warrior Met Coal had a net margin of 7.98% and a return on equity of 5.41%. The business’s revenue was down 40.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.63 EPS. Equities analysts forecast that Warrior Met Coal will post 4.86 earnings per share for the current year.

Warrior Met Coal Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, May 12th. Stockholders of record on Monday, May 5th were paid a $0.08 dividend. The ex-dividend date was Monday, May 5th. This represents a $0.32 annualized dividend and a dividend yield of 0.68%. Warrior Met Coal’s payout ratio is 15.92%.

Analysts Set New Price Targets

HCC has been the topic of a number of recent research reports. B. Riley lowered their price target on shares of Warrior Met Coal from $86.00 to $76.00 and set a “buy” rating on the stock in a research report on Friday, April 11th. UBS Group lowered their price target on shares of 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.