Tudor Investment Corp ET AL Cuts Stake in Hallador Energy Company $HNRG

Tudor Investment Corp ET AL reduced its position in Hallador Energy Company (NASDAQ:HNRG) by 67.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,250 shares of the energy company’s stock after selling 173,374 shares during the quarter. Tudor Investment Corp ET AL owned 0.19% of Hallador Energy worth $1,610,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Hallador Energy by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,193 shares of the energy company’s stock valued at $187,000 after purchasing an additional 624 shares during the period. Ameritas Investment Partners Inc. lifted its position in shares of Hallador Energy by 68.0% in the 2nd 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. State of Alaska Department of Revenue bought a new position in shares of Hallador Energy during the third quarter valued at approximately $32,000. Raymond James Financial Inc. purchased a new position in Hallador Energy during the second quarter valued at approximately $27,000. Finally, Police & Firemen s Retirement System of New Jersey raised its stake in Hallador Energy by 31.5% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 7,774 shares of the energy company’s stock worth $123,000 after buying an additional 1,863 shares in the last quarter. 61.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hallador Energy in a research report on Thursday, January 22nd. Jefferies Financial Group raised Hallador Energy from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Northland Securities lifted their target price on Hallador Energy from $29.00 to $34.00 and gave the company an “outperform” rating in a research note on Thursday. Wall Street Zen downgraded shares of Hallador Energy from a “hold” rating to a “sell” rating in a report on Sunday, March 22nd. 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, three have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Hallador Energy currently has a consensus rating of “Moderate Buy” and an average price target of $26.63.

Hallador Energy Stock Performance

Shares of HNRG stock opened at $17.57 on Monday. Hallador Energy Company has a 12-month low of $9.25 and a 12-month high of $24.70. The business’s fifty day simple moving average is $18.61 and its 200-day simple moving average is $19.45. The company has a current ratio of 0.81, a quick ratio of 0.23 and a debt-to-equity ratio of 0.19. The company has a market cap of $826.14 million, a PE ratio of 18.30 and a beta of 0.22.

Hallador Energy (NASDAQ:HNRG) last posted its quarterly earnings data on Thursday, March 12th. The energy company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01). Hallador Energy had a return on equity of 30.82% and a net margin of 8.92%.The firm had revenue of $101.94 million during the quarter, compared to analysts’ expectations of $105.48 million. Analysts expect that Hallador Energy Company will post -0.31 earnings per share for the current fiscal year.

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.