Warrior Met Coal, Inc. (NYSE:HCC) Shares Sold by Kendall Capital Management

Kendall Capital Management reduced its holdings in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 10.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,110 shares of the company’s stock after selling 1,450 shares during the quarter. Kendall Capital Management’s holdings in Warrior Met Coal were worth $657,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Victory Capital Management Inc. grew its stake in Warrior Met Coal by 26.6% during the third quarter. Victory Capital Management Inc. now owns 52,280 shares of the company’s stock worth $3,341,000 after buying an additional 10,972 shares during the period. Geode Capital Management LLC grew its stake in Warrior Met Coal by 1.1% during the third quarter. Geode Capital Management LLC now owns 1,208,405 shares of the company’s stock worth $77,232,000 after buying an additional 13,650 shares during the period. JPMorgan Chase & Co. grew its stake in Warrior Met Coal by 14.2% during the third quarter. JPMorgan Chase & Co. now owns 671,427 shares of the company’s stock worth $42,904,000 after buying an additional 83,331 shares during the period. Citigroup Inc. grew its stake in Warrior Met Coal by 61.4% during the third quarter. Citigroup Inc. now owns 87,441 shares of the company’s stock worth $5,587,000 after buying an additional 33,272 shares during the period. Finally, Hosking Partners LLP grew its stake in Warrior Met Coal by 9.6% during the fourth quarter. Hosking Partners LLP now owns 524,833 shares of the company’s stock worth $28,467,000 after buying an additional 45,868 shares during the period. 92.28% of the stock is currently owned by hedge funds and other institutional investors.

Warrior Met Coal Price Performance

Shares of HCC stock opened at $46.79 on Monday. Warrior Met Coal, Inc. has a twelve month low of $45.94 and a twelve month high of $75.53. The company has a current ratio of 5.20, a quick ratio of 3.99 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $2.46 billion, a PE ratio of 9.77 and a beta of 1.10. The firm has a fifty day simple moving average of $52.22 and a 200-day simple moving average of $58.55.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.34). Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. The company had revenue of $297.47 million for the quarter, compared to the consensus estimate of $331.70 million. Equities research analysts anticipate that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current fiscal year.

Warrior Met Coal Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 24th were paid a dividend of $0.08 per share. The ex-dividend date was Monday, February 24th. This represents a $0.32 dividend on an annualized basis and a yield of 0.68%. Warrior Met Coal’s dividend payout ratio (DPR) is 6.68%.

Wall Street Analysts Forecast Growth

HCC has been the subject of several research reports. Benchmark reiterated a “hold” rating on shares of Warrior Met Coal in a research note on Friday, February 14th. B. Riley decreased their target price on shares of Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating for the company in a research note on Tuesday, February 18th. Finally, Jefferies Financial Group decreased their target price on shares of Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company in a research note on Monday, January 6th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.00.

Warrior Met Coal 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.