71,590 Shares in Hallador Energy Company $HNRG Purchased by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC acquired a new position in shares of Hallador Energy Company (NASDAQ:HNRG) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 71,590 shares of the energy company’s stock, valued at approximately $1,363,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HNRG. Lubar & Co. Inc acquired a new stake in shares of Hallador Energy during the 4th quarter worth about $103,806,000. Ameriprise Financial Inc. acquired a new stake in shares of Hallador Energy during the 2nd quarter worth about $18,735,000. Millennium Management LLC increased its position in shares of Hallador Energy by 1,745.5% during the 3rd quarter. Millennium Management LLC now owns 525,080 shares of the energy company’s stock worth $10,276,000 after purchasing an additional 496,628 shares during the last quarter. Value Aligned Research Advisors LLC increased its position in shares of Hallador Energy by 1,038.2% during the 3rd quarter. Value Aligned Research Advisors LLC now owns 320,759 shares of the energy company’s stock worth $6,277,000 after purchasing an additional 292,577 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Hallador Energy by 1,893.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 244,878 shares of the energy company’s stock worth $3,876,000 after purchasing an additional 232,594 shares during the last quarter. 61.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on HNRG shares. Jefferies Financial Group raised Hallador Energy from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 26th. Weiss Ratings raised Hallador Energy from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Thursday, May 7th. Northland Securities raised their price objective on Hallador Energy from $29.00 to $34.00 and gave the stock an “outperform” rating in a research report on Thursday, March 26th. B. Riley Financial raised Hallador Energy from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $23.00 to $27.00 in a research report on Friday, March 13th. Finally, Wall Street Zen upgraded Hallador Energy from a “strong sell” rating to a “sell” rating in a report on Saturday, May 23rd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $26.63.

Hallador Energy Price Performance

Shares of Hallador Energy stock opened at $19.63 on Thursday. The business has a 50-day moving average of $16.93 and a 200 day moving average of $18.63. Hallador Energy Company has a 12 month low of $14.42 and a 12 month high of $24.70. The stock has a market capitalization of $925.16 million, a price-to-earnings ratio of 37.04 and a beta of 0.16.

Hallador Energy (NASDAQ:HNRG) last announced its earnings results on Wednesday, May 6th. The energy company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.04). Hallador Energy had a net margin of 4.98% and a return on equity of 14.25%. The firm had revenue of $101.81 million for the quarter, compared to analysts’ expectations of $102.28 million. Equities research analysts anticipate that Hallador Energy Company will post 0.16 earnings per share for the current year.

Hallador Energy Profile

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.