Daniel Timothy Hudson Purchases 3,000 Shares of Hallador Energy (NASDAQ:HNRG) Stock

Hallador Energy Company (NASDAQ:HNRG) Director Daniel Timothy Hudson acquired 3,000 shares of the business’s stock in a transaction dated Wednesday, June 24th. The stock was purchased at an average cost of $17.04 per share, for a total transaction of $51,120.00. Following the completion of the acquisition, the director directly owned 3,000 shares of the company’s stock, valued at approximately $51,120. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link.

Daniel Timothy Hudson also recently made the following trade(s):

• On Thursday, June 25th, Daniel Timothy Hudson bought 2,000 shares of Hallador Energy stock. The shares were purchased at an average cost of $17.70 per share, with a total value of $35,400.00.

Hallador Energy Stock Down 3.4%

Shares of NASDAQ HNRG opened at $17.53 on Friday. Hallador Energy Company has a 52 week low of $14.68 and a 52 week high of $24.70. The business’s 50 day moving average price is $17.65 and its 200 day moving average price is $18.26. The firm has a market cap of $826.19 million, a P/E ratio of 33.08 and a beta of 0.22.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Weiss Ratings raised shares of Hallador Energy from a “sell (d-)” rating to a “hold (c-)” rating in a report on Thursday, May 7th. Northland Securities lifted their price objective on Hallador Energy from $29.00 to $34.00 and gave the company an “outperform” rating in a research note on Thursday, March 26th. B. Riley Financial raised Hallador Energy from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $23.00 to $27.00 in a report on Friday, March 13th. Wall Street Zen upgraded Hallador Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 23rd. Finally, Jefferies Financial Group raised Hallador Energy from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 26th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $26.62.

Institutional Trading of Hallador Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HNRG. Lubar & Co. Inc acquired a new position in shares of Hallador Energy in the fourth quarter worth about $103,806,000. American Century Companies Inc. grew its position in shares of Hallador Energy by 10.6% during the 3rd quarter. American Century Companies Inc. now owns 1,184,873 shares of the energy company’s stock valued at $23,188,000 after acquiring an additional 113,547 shares during the period. Ameriprise Financial Inc. acquired a new stake in shares of Hallador Energy during the 2nd quarter valued at about $18,735,000. Dimensional Fund Advisors LP increased its stake in shares of Hallador Energy by 12.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,022,983 shares of the energy company’s stock valued at $16,658,000 after purchasing an additional 109,781 shares in the last quarter. Finally, Apis Capital Advisors LLC increased its stake in shares of Hallador Energy by 7.0% in the 4th quarter. Apis Capital Advisors LLC now owns 914,000 shares of the energy company’s stock valued at $17,403,000 after purchasing an additional 60,000 shares in the last quarter. Institutional investors and hedge funds own 61.38% of the company’s stock.

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.