114,178 Shares in Hallador Energy Company $HNRG Acquired by Great Lakes Advisors LLC

Great Lakes Advisors LLC purchased a new stake in Hallador Energy Company (NASDAQ:HNRG) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 114,178 shares of the energy company’s stock, valued at approximately $2,234,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its holdings in shares of Hallador Energy by 1.9% during the first quarter. AQR Capital Management LLC now owns 103,534 shares of the energy company’s stock worth $1,271,000 after buying an additional 1,950 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Hallador Energy by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,193 shares of the energy company’s stock worth $187,000 after acquiring an additional 624 shares during the period. Millennium Management LLC raised its stake in Hallador Energy by 1,233.6% in the 1st quarter. Millennium Management LLC now owns 486,532 shares of the energy company’s stock worth $5,975,000 after purchasing an additional 450,049 shares in the last quarter. Empowered Funds LLC boosted its holdings in Hallador Energy by 5.5% in the 1st quarter. Empowered Funds LLC now owns 246,106 shares of the energy company’s stock valued at $3,022,000 after purchasing an additional 12,921 shares during the period. Finally, Acadian Asset Management LLC bought a new stake in Hallador Energy in the 1st quarter valued at about $807,000. 61.38% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Hallador Energy

In related news, Director Charles Ray Iv Wesley purchased 20,000 shares of Hallador Energy stock in a transaction dated Wednesday, December 17th. The shares were bought at an average cost of $17.83 per share, for a total transaction of $356,600.00. Following the purchase, the director owned 267,914 shares in the company, valued at approximately $4,776,906.62. This trade represents a 8.07% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 23.73% of the company’s stock.

Hallador Energy Trading Up 1.6%

Shares of HNRG stock opened at $18.49 on Friday. Hallador Energy Company has a fifty-two week low of $8.37 and a fifty-two week high of $24.70. The stock’s fifty day moving average price is $19.69 and its two-hundred day moving average price is $19.01. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.31 and a current ratio of 0.66. The company has a market cap of $810.42 million, a PE ratio of -4.13 and a beta of 0.26.

Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings data on Monday, November 10th. The energy company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.49. The business had revenue of $146.85 million during the quarter, compared to the consensus estimate of $110.92 million. Hallador Energy had a positive return on equity of 33.97% and a negative net margin of 37.57%. Equities analysts predict that Hallador Energy Company will post -0.31 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently commented on HNRG shares. Industrial Alliance Securities set a $28.00 target price on shares of Hallador Energy in a report on Tuesday, November 11th. Alliance Global Partners restated a “buy” rating on shares of Hallador Energy in a research note on Tuesday, November 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hallador Energy in a report on Thursday, January 22nd. Wall Street Zen raised Hallador Energy from a “hold” rating to a “buy” rating in a report on Sunday, October 26th. Finally, Zacks Research downgraded Hallador Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Hallador Energy currently has an average rating of “Hold” and a consensus price target of $22.67.

About Hallador Energy

Hallador Energy Company is a coal producer and mine operator trading on NASDAQ under the symbol HNRG. The company’s primary business activities center on the production and sale of bituminous thermal coal. Hallador’s operations encompass two surface mines: the Shoal Creek Mine located in southwestern Indiana and the Bull Mountain Mine situated in eastern Montana. Both sites are designed to extract high-quality coal reserves for the power generation market.

Hallador Energy markets its coal primarily to electric utilities and industrial customers across the United States.