Lindenwold Advisors INC Sells 111 Shares of Alpha Metallurgical Resources, Inc. (NYSE:AMR)

Lindenwold Advisors INC lowered its position in shares of Alpha Metallurgical Resources, Inc. (NYSE:AMR) by 7.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,407 shares of the energy company’s stock after selling 111 shares during the quarter. Lindenwold Advisors INC’s holdings in Alpha Metallurgical Resources were worth $282,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Cibc World Markets Corp bought a new position in Alpha Metallurgical Resources in the 4th quarter valued at $206,000. Royce & Associates LP bought a new stake in shares of Alpha Metallurgical Resources in the 4th quarter worth approximately $498,000. Swiss National Bank boosted its position in shares of Alpha Metallurgical Resources by 0.5% during the fourth quarter. Swiss National Bank now owns 21,700 shares of the energy company’s stock valued at $4,343,000 after purchasing an additional 100 shares in the last quarter. Wealthfront Advisers LLC bought a new stake in shares of Alpha Metallurgical Resources during the fourth quarter valued at approximately $2,024,000. Finally, Ruffer LLP bought a new stake in Alpha Metallurgical Resources in the fourth quarter worth $4,100,000. Hedge funds and other institutional investors own 84.29% of the company’s stock.

Alpha Metallurgical Resources Price Performance

AMR stock opened at $130.19 on Wednesday. Alpha Metallurgical Resources, Inc. has a 1-year low of $123.57 and a 1-year high of $361.17. The business has a fifty day moving average price of $167.59 and a 200-day moving average price of $201.51. The stock has a market capitalization of $1.70 billion, a P/E ratio of 4.78 and a beta of 1.50.

Alpha Metallurgical Resources (NYSE:AMR) last issued its quarterly earnings results on Friday, February 28th. The energy company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.09). The company had revenue of $617.30 million during the quarter, compared to analysts’ expectations of $658.20 million. Alpha Metallurgical Resources had a return on equity of 22.65% and a net margin of 11.08%. The business’s quarterly revenue was down 35.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $12.88 EPS. As a group, analysts anticipate that Alpha Metallurgical Resources, Inc. will post 14.31 earnings per share for the current year.

Alpha Metallurgical Resources Profile

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.