Warrior Met Coal, Inc. (NYSE:HCC) Position Raised by Hosking Partners LLP

Hosking Partners LLP raised its position in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 9.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 524,833 shares of the company’s stock after buying an additional 45,868 shares during the period. Hosking Partners LLP’s holdings in Warrior Met Coal were worth $28,467,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Blue Trust Inc. boosted its stake in Warrior Met Coal by 48.5% during the third quarter. Blue Trust Inc. now owns 551 shares of the company’s stock valued at $35,000 after buying an additional 180 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of Warrior Met Coal during the 4th quarter valued at 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 worth $54,000 after purchasing an additional 358 shares during the last quarter. Wolverine Asset Management LLC raised its holdings in shares of Warrior Met Coal by 264.4% in the 4th 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 in the last quarter. Finally, KBC Group NV lifted its stake in Warrior Met Coal by 29.7% during the third quarter. KBC Group NV now owns 1,711 shares of the company’s stock valued at $109,000 after purchasing an additional 392 shares during the last quarter. 92.28% of the stock is currently owned by institutional investors and hedge funds.

Warrior Met Coal Stock Performance

Shares of Warrior Met Coal stock opened at $49.81 on Friday. The stock has a market cap of $2.62 billion, a PE ratio of 10.40 and a beta of 1.07. Warrior Met Coal, Inc. has a 12 month low of $45.94 and a 12 month high of $75.53. The company has a quick ratio of 3.99, a current ratio of 5.20 and a debt-to-equity ratio of 0.09. The business has a fifty day simple moving average of $52.98 and a 200-day simple moving average of $59.03.

Warrior Met Coal (NYSE:HCC) last issued its earnings results on Thursday, February 13th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.34). The business had revenue of $297.47 million during the quarter, compared to analyst estimates of $331.70 million. Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. On average, sell-side analysts anticipate that Warrior Met Coal, Inc. will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 24th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date is Monday, February 24th. Warrior Met Coal’s dividend payout ratio (DPR) is currently 6.68%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Jefferies Financial Group dropped their price target on Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Benchmark reiterated a “hold” rating on shares of Warrior Met Coal in a research report on Friday, February 14th. Finally, B. Riley cut their price objective on Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.