Intech Investment Management LLC Sells 10,379 Shares of Warrior Met Coal $HCC

Intech Investment Management LLC trimmed its holdings in Warrior Met Coal (NYSE:HCC) by 38.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,633 shares of the company’s stock after selling 10,379 shares during the quarter. Intech Investment Management LLC’s holdings in Warrior Met Coal were worth $1,467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its stake in shares of Warrior Met Coal by 217.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 682 shares of the company’s stock worth $31,000 after acquiring an additional 467 shares in the last quarter. IFP Advisors Inc purchased a new stake in Warrior Met Coal during the 4th quarter valued at about $37,000. Hantz Financial Services Inc. grew its position in Warrior Met Coal by 266.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 626 shares of the company’s stock valued at $40,000 after purchasing an additional 455 shares during the last quarter. Jones Financial Companies Lllp grew its position in Warrior Met Coal by 4,337.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 710 shares of the company’s stock valued at $45,000 after purchasing an additional 694 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd grew its position in Warrior Met Coal by 919.6% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 938 shares of the company’s stock valued at $60,000 after purchasing an additional 846 shares during the last quarter. 92.28% of the stock is currently owned by institutional investors.

Warrior Met Coal Stock Performance

Shares of NYSE HCC opened at $99.95 on Friday. The firm’s 50-day moving average price is $91.08 and its 200-day moving average price is $88.48. The company has a quick ratio of 2.42, a current ratio of 3.48 and a debt-to-equity ratio of 0.11. The company has a market cap of $5.28 billion, a PE ratio of 38.15 and a beta of 0.62. Warrior Met Coal has a 52-week low of $40.80 and a 52-week high of $110.39.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings results on Thursday, April 30th. The company reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The company had revenue of $458.59 million for the quarter, compared to analysts’ expectations of $467.57 million. Warrior Met Coal had a net margin of 9.36% and a return on equity of 6.44%. The business’s revenue was up 52.9% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.16) EPS. As a group, analysts anticipate that Warrior Met Coal will post 6.78 EPS for the current year.

Warrior Met Coal Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 7th. Stockholders of record on Friday, May 1st were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, May 1st. Warrior Met Coal’s dividend payout ratio (DPR) is presently 12.21%.

Analysts Set New Price Targets

Several brokerages recently commented on HCC. UBS Group cut their price objective on shares of Warrior Met Coal from $104.00 to $102.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Citigroup increased their price objective on shares of Warrior Met Coal from $80.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Zacks Research downgraded shares of Warrior Met Coal from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 5th. B. Riley Financial reissued a “buy” rating on shares of Warrior Met Coal in a research report on Friday, February 13th. Finally, Weiss Ratings raised shares of Warrior Met Coal from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Warrior Met Coal has a consensus rating of “Hold” and a consensus target price of $102.80.

Insider Activity

In other news, insider Kelli K. Gant sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $110.00, for a total transaction of $2,200,000.00. Following the sale, the insider owned 67,775 shares of the company’s stock, valued at $7,455,250. This trade represents a 22.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.10% of the stock is currently owned by insiders.

Warrior Met Coal Profile

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.