Warrior Met Coal (NYSE:HCC) CEO Walter Scheller Sells 100,000 Shares of Stock

Warrior Met Coal (NYSE:HCC) CEO Walter Scheller sold 100,000 shares of the stock in a transaction on Monday, January 12th. The stock was sold at an average price of $100.31, for a total value of $10,031,000.00. Following the completion of the transaction, the chief executive officer owned 294,183 shares of the company’s stock, valued at $29,509,496.73. The trade was a 25.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Warrior Met Coal Price Performance

HCC stock opened at $100.60 on Wednesday. The firm has a 50 day moving average of $83.89 and a 200-day moving average of $67.88. The company has a market cap of $5.29 billion, a price-to-earnings ratio of 150.15 and a beta of 0.63. The company has a current ratio of 4.13, a quick ratio of 3.00 and a debt-to-equity ratio of 0.12. Warrior Met Coal has a 12-month low of $38.00 and a 12-month high of $101.34.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.91. The business had revenue of $328.59 million for the quarter, compared to analyst estimates of $302.51 million. Warrior Met Coal had a return on equity of 2.01% and a net margin of 2.87%.The business’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter last year, the company earned $0.80 earnings per share. As a group, equities analysts expect that Warrior Met Coal will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 14th. Shareholders of record on Friday, November 7th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Friday, November 7th. Warrior Met Coal’s payout ratio is presently 47.76%.

Institutional Investors Weigh In On Warrior Met Coal

Hedge funds have recently modified their holdings of the stock. Hantz Financial Services Inc. boosted its holdings in Warrior Met Coal by 266.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 626 shares of the company’s stock worth $40,000 after acquiring an additional 455 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Warrior Met Coal by 217.2% during the second quarter. EverSource Wealth Advisors LLC now owns 682 shares of the company’s stock worth $31,000 after purchasing an additional 467 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Warrior Met Coal by 4,337.5% in the third quarter. Jones Financial Companies Lllp now owns 710 shares of the company’s stock valued at $45,000 after purchasing an additional 694 shares during the period. Aster Capital Management DIFC Ltd grew its holdings in Warrior Met Coal by 919.6% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 938 shares of the company’s stock valued at $60,000 after purchasing an additional 846 shares in the last quarter. Finally, Strs Ohio purchased a new stake in Warrior Met Coal during the 3rd quarter worth $76,000. 92.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on HCC. Wall Street Zen upgraded Warrior Met Coal from a “hold” rating to a “buy” rating in a research note on Saturday. B. Riley reissued a “buy” rating on shares of Warrior Met Coal in a research report on Thursday, November 6th. Weiss Ratings restated a “hold (c-)” rating on shares of Warrior Met Coal in a report on Wednesday, October 8th. Zacks Research downgraded shares of Warrior Met Coal from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Finally, BMO Capital Markets increased their target price on Warrior Met Coal from $65.00 to $72.00 and gave the stock a “market perform” rating in a research report on Thursday, November 6th. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $77.33.

Warrior Met Coal Company Profile

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.