Highland Peak Capital LLC Takes Position in Hallador Energy (NASDAQ:HNRG)

Highland Peak Capital LLC acquired a new stake in Hallador Energy (NASDAQ:HNRG) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 514,863 shares of the energy company’s stock, valued at approximately $5,895,000. Hallador Energy comprises approximately 3.2% of Highland Peak Capital LLC’s investment portfolio, making the stock its 10th largest holding. Highland Peak Capital LLC owned about 1.21% of Hallador Energy at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Rhumbline Advisers raised its holdings in shares of Hallador Energy by 3.0% in the fourth quarter. Rhumbline Advisers now owns 36,672 shares of the energy company’s stock valued at $420,000 after purchasing an additional 1,068 shares during the last quarter. Savant Capital LLC raised its holdings in shares of Hallador Energy by 9.1% in the fourth quarter. Savant Capital LLC now owns 24,717 shares of the energy company’s stock valued at $283,000 after purchasing an additional 2,055 shares during the last quarter. State Street Corp increased its holdings in Hallador Energy by 1.5% during the third quarter. State Street Corp now owns 525,123 shares of the energy company’s stock worth $4,952,000 after buying an additional 7,764 shares during the last quarter. Quantinno Capital Management LP acquired a new position in Hallador Energy during the third quarter worth $96,000. Finally, Empowered Funds LLC increased its holdings in Hallador Energy by 5.3% during the third quarter. Empowered Funds LLC now owns 221,897 shares of the energy company’s stock worth $2,092,000 after buying an additional 11,256 shares during the last quarter. 61.38% of the stock is currently owned by institutional investors and hedge funds.

Hallador Energy Trading Down 1.9 %

HNRG stock opened at $8.78 on Monday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.58 and a quick ratio of 0.17. The company has a fifty day moving average price of $11.15 and a two-hundred day moving average price of $10.32. Hallador Energy has a one year low of $4.33 and a one year high of $14.00. The stock has a market cap of $374.18 million, a price-to-earnings ratio of -15.96 and a beta of 0.55.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on HNRG shares. Alliance Global Partners started coverage on shares of Hallador Energy in a report on Monday, December 9th. They set a “buy” rating and a $17.00 target price on the stock. B. Riley boosted their target price on shares of Hallador Energy from $9.00 to $13.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th.

Hallador Energy Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.