Warrior Met Coal, Inc. (NYSE:HCC) Shares Bought by Graham Capital Wealth Management LLC

Graham Capital Wealth Management LLC raised its position in Warrior Met Coal, Inc. (NYSE:HCC) by 2.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 47,545 shares of the company’s stock after acquiring an additional 1,071 shares during the period. Warrior Met Coal makes up 3.1% of Graham Capital Wealth Management LLC’s investment portfolio, making the stock its 10th largest holding. Graham Capital Wealth Management LLC owned 0.09% of Warrior Met Coal worth $3,038,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in shares of Warrior Met Coal by 38.6% in the second quarter. GAMMA Investing LLC now owns 517 shares of the company’s stock valued at $32,000 after purchasing an additional 144 shares during the period. Blue Trust Inc. lifted its stake in shares of Warrior Met Coal by 48.5% in the third quarter. Blue Trust Inc. now owns 551 shares of the company’s stock valued at $35,000 after purchasing an additional 180 shares during the period. EntryPoint Capital LLC acquired a new stake in shares of Warrior Met Coal in the first quarter valued at about $54,000. Ausbil Investment Management Ltd acquired a new stake in shares of Warrior Met Coal in the second quarter valued at about $82,000. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Warrior Met Coal in the first quarter valued at about $104,000. Institutional investors and hedge funds own 92.28% of the company’s stock.

Analyst Ratings Changes

HCC has been the subject of several recent research reports. B. Riley dropped their target price on shares of Warrior Met Coal from $92.00 to $90.00 and set a “buy” rating for the company in a report on Friday, September 6th. Benchmark restated a “hold” rating on shares of Warrior Met Coal in a report on Monday, August 5th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $75.75.

Warrior Met Coal Trading Up 0.9 %

Shares of NYSE HCC traded up $0.52 during midday trading on Friday, reaching $60.50. 519,379 shares of the stock were exchanged, compared to its average volume of 653,666. The company has a market capitalization of $3.16 billion, a P/E ratio of 7.49 and a beta of 1.02. Warrior Met Coal, Inc. has a 52-week low of $44.76 and a 52-week high of $75.53. The company has a current ratio of 6.37, a quick ratio of 5.37 and a debt-to-equity ratio of 0.09. The stock has a 50 day moving average price of $59.23 and a 200-day moving average price of $63.65.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings results on Thursday, August 1st. The company reported $1.35 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.03. The business had revenue of $396.52 million during the quarter, compared to the consensus estimate of $387.91 million. Warrior Met Coal had a net margin of 25.01% and a return on equity of 22.71%. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.63 earnings per share. Equities research analysts expect that Warrior Met Coal, Inc. will post 5.15 earnings per share for the current fiscal year.

Warrior Met Coal Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Tuesday, November 5th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.53%. Warrior Met Coal’s dividend payout ratio (DPR) is presently 3.96%.

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.