American Century Companies Inc. Purchases 113,547 Shares of Hallador Energy Company $HNRG

American Century Companies Inc. boosted its position in Hallador Energy Company (NASDAQ:HNRG) by 10.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,184,873 shares of the energy company’s stock after purchasing an additional 113,547 shares during the period. American Century Companies Inc. owned about 2.75% of Hallador Energy worth $23,188,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in HNRG. State of Alaska Department of Revenue acquired a new position in shares of Hallador Energy in the third quarter valued at approximately $32,000. Raymond James Financial Inc. bought a new stake in shares of Hallador Energy during the 2nd quarter valued at $27,000. EverSource Wealth Advisors LLC grew its holdings in shares of Hallador Energy by 11,110.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,130 shares of the energy company’s stock worth $34,000 after purchasing an additional 2,111 shares in the last quarter. Ameritas Investment Partners Inc. increased its position in shares of Hallador Energy by 68.0% in the second quarter. Ameritas Investment Partners Inc. now owns 3,169 shares of the energy company’s stock worth $50,000 after purchasing an additional 1,283 shares during the period. Finally, Tower Research Capital LLC TRC increased its position in shares of Hallador Energy by 294.5% in the second quarter. Tower Research Capital LLC TRC now owns 3,180 shares of the energy company’s stock worth $50,000 after purchasing an additional 2,374 shares during the period. 61.38% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Charles Ray Iv Wesley purchased 20,000 shares of the company’s stock in a transaction dated Wednesday, December 17th. The stock was bought at an average cost of $17.83 per share, for a total transaction of $356,600.00. Following the purchase, the director owned 267,914 shares of the company’s stock, valued at approximately $4,776,906.62. The trade was a 8.07% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 23.73% of the company’s stock.

Hallador Energy Trading Down 4.3%

Shares of Hallador Energy stock opened at $18.85 on Tuesday. The firm’s 50 day moving average is $19.18 and its 200 day moving average is $19.39. The firm has a market capitalization of $826.20 million, a PE ratio of -4.21 and a beta of 0.22. Hallador Energy Company has a 1 year low of $8.37 and a 1 year high of $24.70. The company has a current ratio of 0.66, a quick ratio of 0.31 and a debt-to-equity ratio of 0.02.

Wall Street Analyst Weigh In

HNRG has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hallador Energy in a research report on Thursday, January 22nd. Alliance Global Partners restated a “buy” rating on shares of Hallador Energy in a research report on Tuesday, November 11th. iA Financial set a $28.00 price target on shares of Hallador Energy in a report on Tuesday, November 11th. Finally, Zacks Research lowered shares of Hallador Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $22.67.

Hallador Energy Company Profile

Hallador Energy Company is a coal producer and mine operator trading on NASDAQ under the symbol HNRG. The company’s primary business activities center on the production and sale of bituminous thermal coal. Hallador’s operations encompass two surface mines: the Shoal Creek Mine located in southwestern Indiana and the Bull Mountain Mine situated in eastern Montana. Both sites are designed to extract high-quality coal reserves for the power generation market.

Hallador Energy markets its coal primarily to electric utilities and industrial customers across the United States.