Warrior Met Coal $HCC Shares Acquired by Capital International Investors

Capital International Investors raised its holdings in shares of Warrior Met Coal (NYSE:HCC) by 27.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 852,403 shares of the company’s stock after buying an additional 181,975 shares during the period. Capital International Investors owned about 1.62% of Warrior Met Coal worth $54,247,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Hantz Financial Services Inc. lifted its position in Warrior Met Coal by 266.1% during 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 in the last quarter. EverSource Wealth Advisors LLC raised its stake 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 valued at $31,000 after purchasing an additional 467 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Warrior Met Coal by 4,337.5% during 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 lifted its position in shares of Warrior Met Coal by 919.6% during the third quarter. Aster Capital Management DIFC Ltd now owns 938 shares of the company’s stock worth $60,000 after purchasing an additional 846 shares in the last quarter. Finally, Strs Ohio acquired a new position in shares of Warrior Met Coal during the third quarter worth $76,000. 92.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on HCC shares. UBS Group set a $108.00 price target on Warrior Met Coal and gave the company a “buy” rating in a report on Thursday, January 29th. Jefferies Financial Group lifted their price objective on Warrior Met Coal from $95.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Zacks Research cut Warrior Met Coal from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 5th. Wall Street Zen raised shares of Warrior Met Coal from a “hold” rating to a “buy” rating in a research report on Sunday, February 15th. Finally, B. Riley Financial restated a “buy” rating on shares of Warrior Met Coal in a research note on Friday, February 13th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Warrior Met Coal has an average rating of “Hold” and a consensus target price of $105.00.

Warrior Met Coal Trading Up 5.1%

Warrior Met Coal stock opened at $84.68 on Thursday. The firm’s 50-day moving average is $89.92 and its 200-day moving average is $77.71. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.27 and a current ratio of 3.19. Warrior Met Coal has a 1 year low of $38.00 and a 1 year high of $105.35. The company has a market cap of $4.45 billion, a P/E ratio of 77.69 and a beta of 0.69.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.18). The business had revenue of $383.99 million for the quarter, compared to the consensus estimate of $381.72 million. Warrior Met Coal had a net margin of 4.35% and a return on equity of 2.71%. Warrior Met Coal’s quarterly revenue was up 29.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.15 EPS. On average, equities analysts expect that Warrior Met Coal will post 4.86 earnings per share for the current year.

Warrior Met Coal Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Monday, February 23rd were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $0.32 annualized dividend and a dividend yield of 0.4%. Warrior Met Coal’s dividend payout ratio is 29.36%.

Insider Buying and Selling

In related news, insider Kelli K. Gant sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $100.00, for a total transaction of $1,000,000.00. Following the completion of the transaction, the insider owned 70,580 shares in the company, valued at $7,058,000. The trade was a 12.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Walter J. Scheller sold 100,000 shares of the company’s 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 transaction, the chief executive officer owned 294,183 shares of the company’s stock, valued at approximately $29,509,496.73. The trade was a 25.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.10% of the stock is currently owned by corporate insiders.

Warrior Met Coal 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.