Signaturefd LLC Has $32,000 Stock Holdings in Peabody Energy Corporation $BTU

Signaturefd LLC raised its stake in Peabody Energy Corporation (NYSE:BTU) by 48.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,353 shares of the coal producer’s stock after buying an additional 768 shares during the quarter. Signaturefd LLC’s holdings in Peabody Energy were worth $32,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in BTU. GAMMA Investing LLC increased its stake in Peabody Energy by 1,433.6% in the 1st quarter. GAMMA Investing LLC now owns 31,883 shares of the coal producer’s stock valued at $432,000 after buying an additional 29,804 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Peabody Energy by 1,583.2% during the 1st quarter. Farther Finance Advisors LLC now owns 5,016 shares of the coal producer’s stock worth $68,000 after purchasing an additional 4,718 shares during the last quarter. Harbor Capital Advisors Inc. increased its stake in shares of Peabody Energy by 70.7% during the 1st quarter. Harbor Capital Advisors Inc. now owns 3,092 shares of the coal producer’s stock worth $42,000 after purchasing an additional 1,281 shares during the last quarter. Krilogy Financial LLC acquired a new position in shares of Peabody Energy during the 1st quarter worth $662,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in shares of Peabody Energy during the 1st quarter worth $140,000. Institutional investors and hedge funds own 87.44% of the company’s stock.

Peabody Energy Stock Performance

NYSE:BTU opened at $32.45 on Wednesday. The company has a current ratio of 2.21, a quick ratio of 1.64 and a debt-to-equity ratio of 0.09. Peabody Energy Corporation has a 1 year low of $9.61 and a 1 year high of $33.28. The firm’s fifty day simple moving average is $20.08 and its 200 day simple moving average is $15.93. The firm has a market capitalization of $3.95 billion, a PE ratio of 31.51 and a beta of 0.67.

Peabody Energy (NYSE:BTU) last issued its quarterly earnings results on Thursday, July 31st. The coal producer reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02). Peabody Energy had a net margin of 3.43% and a return on equity of 4.41%. The company had revenue of $890.10 million during the quarter, compared to the consensus estimate of $944.27 million. During the same period last year, the company earned $1.42 earnings per share. Peabody Energy’s revenue for the quarter was down 14.6% on a year-over-year basis. On average, sell-side analysts anticipate that Peabody Energy Corporation will post 2.61 EPS for the current year.

Peabody Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Thursday, August 14th were issued a $0.075 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $0.30 dividend on an annualized basis and a yield of 0.9%. Peabody Energy’s dividend payout ratio is 29.13%.

Analysts Set New Price Targets

Several research analysts have recently commented on BTU shares. UBS Group increased their price target on shares of Peabody Energy from $16.00 to $17.00 and gave the stock a “neutral” rating in a research note on Friday, September 19th. Wall Street Zen upgraded shares of Peabody Energy from a “sell” rating to a “hold” rating in a research note on Friday, October 3rd. B. Riley increased their price target on shares of Peabody Energy from $18.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, September 9th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Peabody Energy in a research note on Saturday, September 27th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Peabody Energy currently has an average rating of “Moderate Buy” and an average price target of $23.20.

Peabody Energy Profile

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.