57,362 Shares in Warrior Met Coal $HCC Bought by Waratah Capital Advisors Ltd.

Waratah Capital Advisors Ltd. bought a new stake in Warrior Met Coal (NYSE:HCC) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 57,362 shares of the company’s stock, valued at approximately $3,651,000. Waratah Capital Advisors Ltd. owned 0.11% of Warrior Met Coal as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. lifted its stake in shares of Warrior Met Coal by 266.1% in 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 period. EverSource Wealth Advisors LLC grew its stake in Warrior Met Coal by 217.2% during the second quarter. EverSource Wealth Advisors LLC now owns 682 shares of the company’s stock worth $31,000 after purchasing an additional 467 shares during the period. Jones Financial Companies Lllp increased its holdings 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 worth $45,000 after purchasing an additional 694 shares in the last quarter. Strs Ohio acquired a new position in Warrior Met Coal in the third quarter valued at approximately $76,000. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Warrior Met Coal by 12.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,559 shares of the company’s stock worth $99,000 after buying an additional 168 shares in the last quarter. 92.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on HCC shares. BMO Capital Markets increased their price objective on shares of Warrior Met Coal from $65.00 to $72.00 and gave the stock a “market perform” rating in a research report on Thursday, November 6th. Jefferies Financial Group upped their price target on Warrior Met Coal from $95.00 to $120.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Zacks Research lowered Warrior Met Coal from a “hold” rating to a “strong sell” rating in a report on Thursday, February 5th. B. Riley Financial reissued a “buy” rating on shares of Warrior Met Coal in a research note on Friday, February 13th. Finally, Wall Street Zen raised Warrior Met Coal from a “hold” rating to a “buy” rating in a research report on Sunday, February 15th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $105.00.

Insider Activity

In other Warrior Met Coal news, CEO Walter J. Scheller sold 100,000 shares of the business’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $100.31, for a total value of $10,031,000.00. Following the transaction, the chief executive officer directly owned 294,183 shares in the company, valued at $29,509,496.73. The trade was a 25.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kelli K. Gant sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $100.00, for a total transaction of $1,000,000.00. Following the sale, the insider owned 70,580 shares of the company’s stock, valued at approximately $7,058,000. The trade was a 12.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 2.10% of the company’s stock.

Warrior Met Coal Stock Performance

Shares of HCC opened at $90.54 on Wednesday. The stock has a 50 day moving average of $91.21 and a 200 day moving average of $76.12. The company has a market capitalization of $4.76 billion, a price-to-earnings ratio of 83.06 and a beta of 0.65. Warrior Met Coal has a 12 month low of $38.00 and a 12 month high of $105.35. The company has a current ratio of 3.19, a quick ratio of 2.27 and a debt-to-equity ratio of 0.11.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings data on Thursday, February 12th. The company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.18). Warrior Met Coal had a return on equity of 2.71% and a net margin of 4.35%.The business had revenue of $383.99 million during the quarter, compared to analysts’ expectations of $381.72 million. During the same period in the prior year, the firm posted $0.15 EPS. The firm’s revenue for the quarter was up 29.1% on a year-over-year basis. As a group, sell-side analysts forecast that Warrior Met Coal will post 4.86 earnings per share for the current year.

Warrior Met Coal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Monday, February 23rd will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Monday, February 23rd. Warrior Met Coal’s dividend payout ratio (DPR) is 29.36%.

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.