Boston Partners Trims Holdings in Warrior Met Coal, Inc. (NYSE:HCC)

Boston Partners reduced its holdings in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 6.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 21,718 shares of the company’s stock after selling 1,433 shares during the period. Boston Partners’ holdings in Warrior Met Coal were worth $1,178,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. FNY Investment Advisers LLC acquired a new stake in shares of Warrior Met Coal during the fourth quarter worth about $43,000. GAMMA Investing LLC grew its stake in shares of Warrior Met Coal by 56.7% in the 4th quarter. GAMMA Investing LLC now owns 989 shares of the company’s stock valued at $54,000 after purchasing an additional 358 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Warrior Met Coal by 304.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company’s stock valued at $75,000 after purchasing an additional 1,040 shares during the period. Wolverine Asset Management LLC raised its stake in shares of Warrior Met Coal by 264.4% during the fourth quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company’s stock worth $94,000 after purchasing an additional 2,800 shares during the last quarter. Finally, KBC Group NV raised its position in Warrior Met Coal by 25.0% during the 4th quarter. KBC Group NV now owns 2,139 shares of the company’s stock worth $116,000 after buying an additional 428 shares during the last quarter. 92.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Warrior Met Coal Stock Down 1.0 %

HCC stock opened at $46.64 on Friday. 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’s 50-day moving average price is $51.18 and its 200 day moving average price is $57.77. Warrior Met Coal, Inc. has a 52 week low of $44.62 and a 52 week high of $75.53. The company has a market cap of $2.45 billion, a P/E ratio of 9.74 and a beta of 1.10.

Warrior Met Coal (NYSE:HCC) last announced its quarterly 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). The firm had revenue of $297.47 million for the quarter, compared to analysts’ expectations of $331.70 million. Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. On average, research analysts expect that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current fiscal year.

Warrior Met Coal Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 24th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.32 dividend on an annualized basis and a yield of 0.69%. Warrior Met Coal’s payout ratio is 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.