Ramaco Resources, Inc. (NASDAQ:METCB) Shares Acquired by Capricorn Fund Managers Ltd

Capricorn Fund Managers Ltd increased its position in Ramaco Resources, Inc. (NASDAQ:METCB) by 4.4% in the fourth quarter, Holdings Channel reports. The firm owned 32,438 shares of the company’s stock after purchasing an additional 1,359 shares during the quarter. Capricorn Fund Managers Ltd’s holdings in Ramaco Resources were worth $322,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of METCB. Wedge Capital Management L L P NC lifted its position in shares of Ramaco Resources by 395.3% in the 4th quarter. Wedge Capital Management L L P NC now owns 205,270 shares of the company’s stock worth $2,028,000 after buying an additional 163,828 shares during the last quarter. American Century Companies Inc. lifted its holdings in Ramaco Resources by 10.3% in the second quarter. American Century Companies Inc. now owns 129,040 shares of the company’s stock worth $1,401,000 after acquiring an additional 11,997 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Ramaco Resources by 17.3% in the second quarter. Renaissance Technologies LLC now owns 65,900 shares of the company’s stock valued at $716,000 after acquiring an additional 9,696 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Ramaco Resources by 191.9% during the third quarter. JPMorgan Chase & Co. now owns 9,284 shares of the company’s stock valued at $100,000 after purchasing an additional 6,103 shares during the last quarter. Finally, Barclays PLC raised its position in shares of Ramaco Resources by 321.3% during the 3rd quarter. Barclays PLC now owns 7,184 shares of the company’s stock worth $77,000 after purchasing an additional 5,479 shares during the period. 9.63% of the stock is owned by institutional investors.

Ramaco Resources Price Performance

Shares of NASDAQ METCB opened at $9.11 on Tuesday. The stock’s 50 day simple moving average is $9.96 and its 200 day simple moving average is $10.47. Ramaco Resources, Inc. has a 12-month low of $8.83 and a 12-month high of $13.33.

Ramaco Resources Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were issued a dividend of $0.2364 per share. This is an increase from Ramaco Resources’s previous quarterly dividend of $0.22. The ex-dividend date was Monday, December 2nd. This represents a $0.95 annualized dividend and a dividend yield of 10.38%.

Ramaco Resources Profile

Ramaco Resources, Inc engages in the development, operation, and sale of metallurgical coal. Its development portfolio includes the Elk Creek project that covers an area of approximately 20,200 acres located in southern West Virginia; the Berwind property covering an area of approximately 62,500 acres situated on the border of West Virginia and Virginia; the Knox Creek property, which covers an area of approximately 64,050 acres is located in Virginia; the Maben property covering an area of approximately 28,000 acres situated in southwestern Pennsylvania southern West Virginia; and the Brook Mine property that covers an area of approximately 16,000 acres located in northeastern Wyoming.