Citadel Advisors LLC Acquires 550,523 Shares of Warrior Met Coal Inc (NYSE:HCC)

Share on StockTwits

Citadel Advisors LLC boosted its holdings in shares of Warrior Met Coal Inc (NYSE:HCC) by 59.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,477,894 shares of the company’s stock after buying an additional 550,523 shares during the period. Citadel Advisors LLC owned approximately 2.87% of Warrior Met Coal worth $38,602,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of HCC. Marshall Wace LLP lifted its stake in shares of Warrior Met Coal by 831.0% in the 2nd quarter. Marshall Wace LLP now owns 937,770 shares of the company’s stock valued at $24,495,000 after acquiring an additional 837,047 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Warrior Met Coal by 18.8% in the 2nd quarter. BlackRock Inc. now owns 3,450,941 shares of the company’s stock valued at $90,139,000 after acquiring an additional 547,190 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of Warrior Met Coal by 332.9% in the 2nd quarter. Renaissance Technologies LLC now owns 691,300 shares of the company’s stock valued at $18,057,000 after acquiring an additional 531,600 shares during the last quarter. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of Warrior Met Coal in the 2nd quarter valued at about $12,377,000. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Warrior Met Coal by 104.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 791,490 shares of the company’s stock valued at $19,083,000 after acquiring an additional 404,063 shares during the last quarter.

Shares of HCC stock traded down $0.50 during midday trading on Friday, reaching $20.19. 3,294,771 shares of the stock were exchanged, compared to its average volume of 972,292. Warrior Met Coal Inc has a 1 year low of $19.55 and a 1 year high of $33.49. The company’s 50 day moving average is $21.06 and its two-hundred day moving average is $26.10. The company has a current ratio of 3.31, a quick ratio of 2.73 and a debt-to-equity ratio of 0.52. The firm has a market cap of $1.07 billion, a PE ratio of 2.63 and a beta of 0.59.

Warrior Met Coal (NYSE:HCC) last posted its earnings results on Wednesday, July 31st. The company reported $2.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.47. Warrior Met Coal had a return on equity of 62.99% and a net margin of 47.01%. The firm had revenue of $397.61 million for the quarter, compared to the consensus estimate of $311.62 million. During the same quarter in the prior year, the business earned $1.81 EPS. The business’s revenue for the quarter was up 23.3% on a year-over-year basis. As a group, equities analysts expect that Warrior Met Coal Inc will post 6.33 EPS for the current fiscal year.

A number of equities research analysts have recently weighed in on HCC shares. ValuEngine lowered Warrior Met Coal from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. MKM Partners boosted their price target on Warrior Met Coal to $38.00 and gave the company a “buy” rating in a report on Friday, May 24th. TheStreet downgraded Warrior Met Coal from a “b-” rating to a “c+” rating in a report on Wednesday, June 5th. B. Riley set a $30.00 price target on Warrior Met Coal and gave the company a “hold” rating in a report on Thursday, August 22nd. Finally, Zacks Investment Research downgraded Warrior Met Coal from a “buy” rating to a “hold” rating in a report on Saturday, August 10th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $31.56.

In related news, CFO Dale W. Boyles purchased 1,200 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The shares were bought at an average price of $22.22 per share, for a total transaction of $26,664.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.59% of the stock is currently owned by corporate insiders.

Warrior Met Coal Company Profile

Warrior Met Coal, Inc produces and exports 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.

Featured Story: What are gap-up stocks?

Want to see what other hedge funds are holding HCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Warrior Met Coal Inc (NYSE:HCC).

Institutional Ownership by Quarter for Warrior Met Coal (NYSE:HCC)

Receive News & Ratings for Warrior Met Coal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Warrior Met Coal and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

SOTHERLY HOTELS/SH SH  Upgraded by Zacks Investment Research to Hold
SOTHERLY HOTELS/SH SH Upgraded by Zacks Investment Research to Hold
Solaredge Technologies  Lowered to Hold at Zacks Investment Research
Solaredge Technologies Lowered to Hold at Zacks Investment Research
Resonant  Upgraded to “Hold” at Zacks Investment Research
Resonant Upgraded to “Hold” at Zacks Investment Research
Portola Pharmaceuticals  PT Lowered to $44.00
Portola Pharmaceuticals PT Lowered to $44.00
UltraNote Coin Reaches Market Cap of $13,486.00
UltraNote Coin Reaches Market Cap of $13,486.00
FS KKR Capital Corp  Receives $7.63 Consensus PT from Analysts
FS KKR Capital Corp Receives $7.63 Consensus PT from Analysts


© 2006-2019 Ticker Report