Warrior Met Coal, Inc. (NYSE:HCC) is O Keefe Stevens Advisory Inc.’s 5th Largest Position

O Keefe Stevens Advisory Inc. lifted its stake in Warrior Met Coal, Inc. (NYSE:HCC) by 1.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 268,262 shares of the company’s stock after buying an additional 2,685 shares during the period. Warrior Met Coal makes up 4.5% of O Keefe Stevens Advisory Inc.’s portfolio, making the stock its 5th biggest position. O Keefe Stevens Advisory Inc.’s holdings in Warrior Met Coal were worth $14,551,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the stock. Maple Rock Capital Partners Inc. lifted its stake in shares of Warrior Met Coal by 193.9% in the third quarter. Maple Rock Capital Partners Inc. now owns 1,460,992 shares of the company’s stock worth $93,357,000 after acquiring an additional 963,892 shares in the last quarter. Merewether Investment Management LP grew its position in shares of Warrior Met Coal by 441.9% during the third quarter. Merewether Investment Management LP now owns 793,300 shares of the company’s stock worth $50,692,000 after buying an additional 646,900 shares in the last quarter. FMR LLC increased 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 buying an additional 254,540 shares during the last quarter. Forest Avenue Capital Management LP raised its holdings in Warrior Met Coal by 95.0% in the third quarter. Forest Avenue Capital Management LP now owns 411,547 shares of the company’s stock valued at $26,298,000 after acquiring an additional 200,533 shares in the last quarter. Finally, River Road Asset Management LLC boosted its stake in Warrior Met Coal by 22.9% during the 3rd quarter. River Road Asset Management LLC now owns 870,357 shares of the company’s stock valued at $55,616,000 after acquiring an additional 162,387 shares during the last quarter. Institutional investors and hedge funds own 92.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on HCC shares. B. Riley upped their target price on shares of Warrior Met Coal from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Jefferies Financial Group lowered their price target on Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company 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’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $75.00.

Warrior Met Coal Price Performance

HCC opened at $56.03 on Friday. The company has a quick ratio of 4.67, a current ratio of 5.81 and a debt-to-equity ratio of 0.09. The company’s 50-day moving average price is $61.05 and its 200 day moving average price is $62.15. Warrior Met Coal, Inc. has a fifty-two week low of $49.97 and a fifty-two week high of $75.53. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 7.74 and a beta of 1.09.

Warrior Met Coal (NYSE:HCC) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.40. The business had revenue of $327.72 million during the quarter, compared to analyst estimates of $322.21 million. Warrior Met Coal had a return on equity of 19.00% and a net margin of 23.77%. The business’s revenue for the quarter was down 22.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.85 EPS. As a group, sell-side analysts expect that Warrior Met Coal, Inc. will post 5.62 earnings per share for the current year.

Warrior Met Coal Company Profile

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.