Peloton Wealth Strategists Invests $218,000 in Hallador Energy (NASDAQ:HNRG)

Peloton Wealth Strategists purchased a new position in shares of Hallador Energy (NASDAQ:HNRG) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 19,000 shares of the energy company’s stock, valued at approximately $218,000.

Other institutional investors have also modified their holdings of the company. Stifel Financial Corp raised its holdings in shares of Hallador Energy by 959.7% during the 3rd quarter. Stifel Financial Corp now owns 264,976 shares of the energy company’s stock worth $2,499,000 after acquiring an additional 239,972 shares during the period. Barclays PLC raised its holdings in shares of Hallador Energy by 272.9% during the 3rd quarter. Barclays PLC now owns 33,131 shares of the energy company’s stock worth $312,000 after acquiring an additional 24,247 shares during the period. Pekin Hardy Strauss Inc. raised its holdings in shares of Hallador Energy by 87.7% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 140,950 shares of the energy company’s stock worth $1,329,000 after acquiring an additional 65,850 shares during the period. Geode Capital Management LLC raised its holdings in shares of Hallador Energy by 4.2% during the 3rd quarter. Geode Capital Management LLC now owns 672,801 shares of the energy company’s stock worth $6,346,000 after acquiring an additional 27,093 shares during the period. Finally, State Street Corp increased its position in shares of Hallador Energy by 1.5% during the 3rd quarter. State Street Corp now owns 525,123 shares of the energy company’s stock worth $4,952,000 after purchasing an additional 7,764 shares during the last quarter. Hedge funds and other institutional investors own 61.38% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on HNRG. Alliance Global Partners began coverage on Hallador Energy in a research report on Monday, December 9th. They set a “buy” rating and a $17.00 price objective for the company. B. Riley raised their price objective on Hallador Energy from $9.00 to $13.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th.

Hallador Energy Stock Down 2.6 %

Shares of NASDAQ:HNRG opened at $9.59 on Friday. The business has a 50-day moving average price of $11.38 and a 200 day moving average price of $10.12. The company has a current ratio of 0.58, a quick ratio of 0.17 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $408.70 million, a price-to-earnings ratio of -17.44 and a beta of 0.66. Hallador Energy has a 12-month low of $4.33 and a 12-month high of $14.00.

Insider Buying and Selling at Hallador Energy

In other Hallador Energy news, Director David C. Hardie sold 18,775 shares of Hallador Energy stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $13.02, for a total value of $244,450.50. Following the completion of the transaction, the director now directly owns 2,022,713 shares of the company’s stock, valued at $26,335,723.26. The trade was a 0.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 32.30% of the stock is currently owned by corporate insiders.

Hallador Energy Company 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.