Kelli Gant Sells 10,000 Shares of Warrior Met Coal (NYSE:HCC) Stock

Warrior Met Coal (NYSE:HCC) insider Kelli Gant sold 10,000 shares of the stock in a transaction on Monday, January 12th. The shares were sold at an average price of $100.00, for a total transaction of $1,000,000.00. Following the transaction, the insider owned 70,580 shares in the company, valued at $7,058,000. This trade represents a 12.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Warrior Met Coal Price Performance

HCC opened at $102.04 on Thursday. The company has a market capitalization of $5.36 billion, a P/E ratio of 152.30 and a beta of 0.63. The company has a 50-day moving average of $84.61 and a 200-day moving average of $68.12. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.00 and a current ratio of 4.13. Warrior Met Coal has a 1-year low of $38.00 and a 1-year high of $105.35.

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

Warrior Met Coal Announces Dividend

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Smartleaf Asset Management LLC grew its position in Warrior Met Coal by 12.1% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,559 shares of the company’s stock worth $99,000 after purchasing an additional 168 shares during the last quarter. Arizona State Retirement System grew its holdings in Warrior Met Coal by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 15,552 shares of the company’s stock worth $990,000 after buying an additional 213 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in Warrior Met Coal by 3.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 7,046 shares of the company’s stock worth $448,000 after buying an additional 216 shares in the last quarter. GAMMA Investing LLC increased its position in Warrior Met Coal by 23.1% in the 2nd quarter. GAMMA Investing LLC now owns 1,346 shares of the company’s stock valued at $62,000 after acquiring an additional 253 shares during the period. Finally, SummerHaven Investment Management LLC raised its stake in Warrior Met Coal by 2.5% during the 2nd quarter. SummerHaven Investment Management LLC now owns 11,639 shares of the company’s stock valued at $533,000 after acquiring an additional 289 shares in the last quarter. 92.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have commented on HCC shares. Wall Street Zen raised shares of Warrior Met Coal from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. BMO Capital Markets lifted their price target on shares of Warrior Met Coal from $65.00 to $72.00 and gave the company a “market perform” rating in a report on Thursday, November 6th. B. Riley reiterated a “buy” rating on shares of Warrior Met Coal in a research note on Thursday, November 6th. Zacks Research downgraded Warrior Met Coal from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Warrior Met Coal in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average 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.