Peabody Energy (BTU) Insider Kemal Williamson Sells 1,461 Shares

Peabody Energy (NYSE:BTU) insider Kemal Williamson sold 1,461 shares of the company’s stock in a transaction on Wednesday, April 4th. The shares were sold at an average price of $36.92, for a total transaction of $53,940.12. Following the sale, the insider now directly owns 205,386 shares in the company, valued at approximately $7,582,851.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of BTU opened at $35.87 on Friday. Peabody Energy has a twelve month low of $22.58 and a twelve month high of $41.98. The firm has a market capitalization of $4,732.09 and a PE ratio of 3.79. The company has a current ratio of 1.76, a quick ratio of 1.53 and a debt-to-equity ratio of 0.46.

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Peabody Energy (NYSE:BTU) last announced its earnings results on Wednesday, February 7th. The coal producer reported $1.52 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.33 by $0.19. Peabody Energy had a net margin of 14.41% and a return on equity of 32.83%. The business had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the prior year, the firm posted ($10.53) earnings per share. The business’s revenue for the quarter was up 5.3% on a year-over-year basis. equities research analysts predict that Peabody Energy will post 3.16 earnings per share for the current year.

Several equities research analysts have recently weighed in on BTU shares. ValuEngine downgraded shares of Peabody Energy from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. B. Riley reissued a “buy” rating and issued a $49.00 target price on shares of Peabody Energy in a research note on Tuesday, January 23rd. JPMorgan Chase reissued an “overweight” rating and issued a $48.00 target price (down previously from $52.00) on shares of Peabody Energy in a research note on Friday, March 16th. Zacks Investment Research raised shares of Peabody Energy from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a research note on Wednesday, January 24th. Finally, Seaport Global Securities reissued a “buy” rating and issued a $48.00 target price on shares of Peabody Energy in a research note on Monday, January 22nd. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Peabody Energy presently has a consensus rating of “Buy” and a consensus target price of $42.11.

Hedge funds and other institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC bought a new position in shares of Peabody Energy in the fourth quarter worth about $110,000. Meeder Asset Management Inc. grew its holdings in shares of Peabody Energy by 147.2% in the fourth quarter. Meeder Asset Management Inc. now owns 3,624 shares of the coal producer’s stock worth $142,000 after purchasing an additional 2,158 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of Peabody Energy in the fourth quarter worth about $179,000. Stone Ridge Asset Management LLC bought a new position in shares of Peabody Energy in the fourth quarter worth about $256,000. Finally, Jane Street Group LLC bought a new position in shares of Peabody Energy in the third quarter worth about $218,000. Hedge funds and other institutional investors own 79.34% of the company’s stock.

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About Peabody Energy

Peabody Energy Corporation engages in coal mining business. The company operates through six segments: Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, and Trading and Brokerage. It is involved in mining, preparation, and sale of thermal coal primarily to electric utilities; and metallurgical coal that include hard coking coal, semi-hard coking coal, semi-soft coking coal, and low-volatile pulverized coal injection for industrial customers.

Insider Buying and Selling by Quarter for Peabody Energy (NYSE:BTU)

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