Brandywine Global Investment Management LLC Has $9.66 Million Stake in Warrior Met Coal, Inc. (NYSE:HCC)

Brandywine Global Investment Management LLC trimmed its position in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 3.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 178,167 shares of the company’s stock after selling 5,650 shares during the period. Brandywine Global Investment Management LLC owned approximately 0.34% of Warrior Met Coal worth $9,664,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp boosted its position in shares of Warrior Met Coal by 4.9% during the 3rd quarter. State Street Corp now owns 3,404,237 shares of the company’s stock valued at $217,531,000 after acquiring an additional 158,722 shares in the last quarter. FMR LLC raised its stake in shares of Warrior Met Coal by 8.6% in the third quarter. FMR LLC now owns 3,210,531 shares of the company’s stock worth $205,153,000 after acquiring an additional 254,540 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Warrior Met Coal by 7.1% during the fourth quarter. American Century Companies Inc. now owns 1,748,274 shares of the company’s stock worth $94,826,000 after purchasing an additional 115,675 shares in the last quarter. Maple Rock Capital Partners Inc. lifted its stake in shares of Warrior Met Coal by 193.9% during the third quarter. Maple Rock Capital Partners Inc. now owns 1,460,992 shares of the company’s stock valued at $93,357,000 after acquiring an additional 963,892 shares during the period. Finally, Allianz Asset Management GmbH grew its position in shares of Warrior Met Coal by 10.1% during the 4th quarter. Allianz Asset Management GmbH now owns 1,378,645 shares of the company’s stock worth $74,778,000 after buying an additional 126,911 shares during the period. Institutional investors own 92.28% of the company’s stock.

Wall Street Analysts Forecast Growth

HCC has been the topic of a number of analyst reports. B. Riley cut their price target on shares of Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating on the stock in a research report on Tuesday, February 18th. Benchmark reissued a “hold” rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Finally, Jefferies Financial Group dropped their target price on shares of Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $74.00.

Warrior Met Coal Trading Down 1.8 %

Shares of NYSE:HCC opened at $47.71 on Tuesday. The company has a 50-day simple moving average of $50.49 and a 200 day simple moving average of $57.62. The company has a market capitalization of $2.51 billion, a P/E ratio of 9.96 and a beta of 1.10. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20. Warrior Met Coal, Inc. has a 52-week low of $44.00 and a 52-week high of $75.53.

Warrior Met Coal (NYSE:HCC) last issued its earnings results on Thursday, February 13th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.34). Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. The business had revenue of $297.47 million for the quarter, compared to the consensus estimate of $331.70 million. Sell-side analysts forecast that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current year.

Warrior Met Coal Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 24th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.67%. The ex-dividend date was Monday, February 24th. Warrior Met Coal’s payout ratio is presently 6.68%.

About Warrior Met Coal

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.