Capricorn Fund Managers Ltd Boosts Stock Holdings in Ramaco Resources, Inc. (NASDAQ:METCB)

Capricorn Fund Managers Ltd grew its stake in shares of Ramaco Resources, Inc. (NASDAQ:METCB) by 4.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 32,438 shares of the company’s stock after buying an additional 1,359 shares during the period. Capricorn Fund Managers Ltd owned 0.06% of Ramaco Resources worth $322,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC raised its holdings in Ramaco Resources by 321.3% in the third quarter. Barclays PLC now owns 7,184 shares of the company’s stock valued at $77,000 after buying an additional 5,479 shares during the period. JPMorgan Chase & Co. grew its stake in Ramaco Resources by 191.9% during the third quarter. JPMorgan Chase & Co. now owns 9,284 shares of the company’s stock worth $100,000 after buying an additional 6,103 shares during the period. Renaissance Technologies LLC increased its position in shares of Ramaco Resources by 17.3% in the second quarter. Renaissance Technologies LLC now owns 65,900 shares of the company’s stock worth $716,000 after acquiring an additional 9,696 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Ramaco Resources by 10.3% in the 2nd quarter. American Century Companies Inc. now owns 129,040 shares of the company’s stock valued at $1,401,000 after acquiring an additional 11,997 shares during the period. Finally, Wedge Capital Management L L P NC lifted its holdings in shares of Ramaco Resources by 395.3% during the 4th quarter. Wedge Capital Management L L P NC now owns 205,270 shares of the company’s stock valued at $2,028,000 after acquiring an additional 163,828 shares in the last quarter. 9.63% of the stock is currently owned by institutional investors and hedge funds.

Ramaco Resources Trading Up 0.4 %

METCB opened at $9.11 on Tuesday. The firm’s 50 day moving average is $9.96 and its 200-day moving average is $10.47. Ramaco Resources, Inc. has a 52-week low of $8.83 and a 52-week high of $13.33.

Ramaco Resources Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were paid a $0.2364 dividend. This is a boost from Ramaco Resources’s previous quarterly dividend of $0.22. The ex-dividend date was Monday, December 2nd. This represents a $0.95 annualized dividend and a dividend yield of 10.38%.

Ramaco Resources Company Profile

Ramaco Resources, Inc engages in the development, operation, and sale of metallurgical coal. Its development portfolio includes the Elk Creek project that covers an area of approximately 20,200 acres located in southern West Virginia; the Berwind property covering an area of approximately 62,500 acres situated on the border of West Virginia and Virginia; the Knox Creek property, which covers an area of approximately 64,050 acres is located in Virginia; the Maben property covering an area of approximately 28,000 acres situated in southwestern Pennsylvania southern West Virginia; and the Brook Mine property that covers an area of approximately 16,000 acres located in northeastern Wyoming.