Mutual of America Capital Management LLC Has $365,000 Position in Warrior Met Coal (NYSE:HCC)

Mutual of America Capital Management LLC lowered its position in Warrior Met Coal (NYSE:HCC) by 3.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,651 shares of the company’s stock after selling 274 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Warrior Met Coal were worth $365,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in Warrior Met Coal in the 4th quarter valued at about $4,554,000. HighTower Advisors LLC grew its stake in Warrior Met Coal by 5.6% in the 4th quarter. HighTower Advisors LLC now owns 5,878 shares of the company’s stock valued at $319,000 after buying an additional 314 shares during the last quarter. Cibc World Markets Corp acquired a new position in Warrior Met Coal in the 4th quarter valued at about $263,000. KLP Kapitalforvaltning AS acquired a new position in Warrior Met Coal in the 4th quarter valued at about $1,150,000. Finally, LPL Financial LLC grew its stake in Warrior Met Coal by 22.5% in the 4th quarter. LPL Financial LLC now owns 6,654 shares of the company’s stock valued at $361,000 after buying an additional 1,221 shares during the last quarter. Institutional investors and hedge funds own 92.28% of the company’s stock.

Warrior Met Coal Price Performance

Shares of Warrior Met Coal stock opened at $59.15 on Thursday. Warrior Met Coal has a twelve month low of $38.00 and a twelve month high of $75.15. The company has a quick ratio of 4.00, a current ratio of 5.14 and a debt-to-equity ratio of 0.09. The company has a 50-day simple moving average of $47.75 and a two-hundred day simple moving average of $48.88. The stock has a market capitalization of $3.11 billion, a price-to-earnings ratio of 29.43 and a beta of 0.67.

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

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. UBS Group dropped their price objective on shares of Warrior Met Coal from $68.00 to $50.00 and set a “neutral” rating for the company in a research note on Wednesday, May 7th. B. Riley dropped their price objective on shares of Warrior Met Coal from $76.00 to $74.00 and set a “buy” rating for the company in a research note on Tuesday.

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.