Capital International Investors Buys 145,700 Shares of Warrior Met Coal $HCC

Capital International Investors raised its stake in Warrior Met Coal (NYSE:HCC) by 17.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 998,103 shares of the company’s stock after acquiring an additional 145,700 shares during the quarter. Capital International Investors’ holdings in Warrior Met Coal were worth $88,003,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of HCC. EverSource Wealth Advisors LLC grew its position in Warrior Met Coal by 217.2% in the second quarter. EverSource Wealth Advisors LLC now owns 682 shares of the company’s stock valued at $31,000 after acquiring an additional 467 shares during the period. Parallel Advisors LLC grew its position in Warrior Met Coal by 272.1% in the fourth quarter. Parallel Advisors LLC now owns 413 shares of the company’s stock valued at $36,000 after acquiring an additional 302 shares during the period. IFP Advisors Inc bought a new stake in Warrior Met Coal in the fourth quarter valued at $37,000. Hantz Financial Services Inc. grew its position in Warrior Met Coal by 266.1% in the third quarter. Hantz Financial Services Inc. now owns 626 shares of the company’s stock valued at $40,000 after acquiring an additional 455 shares during the period. Finally, Jones Financial Companies Lllp grew its position in Warrior Met Coal by 4,337.5% in the third quarter. Jones Financial Companies Lllp now owns 710 shares of the company’s stock valued at $45,000 after acquiring an additional 694 shares during the period. 92.28% of the stock is currently owned by institutional investors.

Warrior Met Coal Price Performance

Shares of HCC stock opened at $99.12 on Tuesday. The stock’s fifty day moving average is $91.15 and its 200-day moving average is $88.70. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.42 and a current ratio of 3.48. The stock has a market capitalization of $5.23 billion, a PE ratio of 37.83 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 earnings results on Thursday, April 30th. The company reported $1.37 EPS for the quarter, missing the consensus estimate of $1.41 by ($0.04). The business had revenue of $458.59 million for the quarter, compared to the consensus estimate of $467.57 million. Warrior Met Coal had a return on equity of 6.44% and a net margin of 9.36%.Warrior Met Coal’s revenue for the quarter was up 52.9% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.16) EPS. Equities research analysts expect that Warrior Met Coal will post 6.78 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

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

Insider Buying and Selling

In related news, insider Kelli K. Gant sold 20,000 shares of Warrior Met Coal stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $110.00, for a total value of $2,200,000.00. Following the completion of the sale, the insider directly owned 67,775 shares in the company, valued at $7,455,250. This trade represents a 22.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Weiss Ratings upgraded Warrior Met Coal from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, June 3rd. B. Riley Financial reiterated a “buy” rating on shares of Warrior Met Coal in a research report on Friday, February 13th. Citigroup upped their price target on Warrior Met Coal from $80.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Wall Street Zen upgraded Warrior Met Coal from a “hold” rating to a “buy” rating in a research report on Sunday, February 15th. Finally, Zacks Research cut Warrior Met Coal from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 5th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $102.80.

About Warrior Met Coal

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.