Hamilton Lane Advisors LLC Acquires Shares of 11,739 Hallador Energy Co (HNRG)
Hamilton Lane Advisors LLC acquired a new stake in Hallador Energy Co (NASDAQ:HNRG) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 11,739 shares of the energy company’s stock, valued at approximately $62,000.
Several other hedge funds have also added to or reduced their stakes in HNRG. JPMorgan Chase & Co. lifted its position in Hallador Energy by 1,887.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 67,027 shares of the energy company’s stock worth $417,000 after acquiring an additional 63,654 shares during the last quarter. Rhumbline Advisers lifted its position in Hallador Energy by 39.5% during the 4th quarter. Rhumbline Advisers now owns 22,180 shares of the energy company’s stock worth $112,000 after acquiring an additional 6,280 shares during the last quarter. Tiff Advisory Services Inc. acquired a new position in Hallador Energy during the 4th quarter worth $54,000. Dimensional Fund Advisors LP lifted its position in Hallador Energy by 11.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,163,743 shares of the energy company’s stock worth $7,238,000 after acquiring an additional 117,819 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in Hallador Energy by 25.1% during the 3rd quarter. Renaissance Technologies LLC now owns 271,256 shares of the energy company’s stock worth $1,687,000 after acquiring an additional 54,456 shares during the last quarter. 48.36% of the stock is owned by institutional investors and hedge funds.
A number of research analysts have weighed in on HNRG shares. ValuEngine raised shares of Hallador Energy from a “sell” rating to a “hold” rating in a research report on Tuesday, January 29th. Zacks Investment Research raised shares of Hallador Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, January 9th.
Hallador Energy (NASDAQ:HNRG) last released its earnings results on Monday, March 11th. The energy company reported $0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.01). The firm had revenue of $89.73 million for the quarter, compared to analyst estimates of $89.40 million. Hallador Energy had a return on equity of 2.99% and a net margin of 2.58%. As a group, sell-side analysts expect that Hallador Energy Co will post 0.42 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 17th. Stockholders of record on Tuesday, April 30th will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date of this dividend is Monday, April 29th. Hallador Energy’s dividend payout ratio is currently 64.00%.
Hallador Energy Company Profile
Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company holds interests in the Oaktown 1 mine underground mine located in Knox County, Indiana; the Oaktown 2 mine located in Knox County, Indiana and Lawrence County, Illinois; Carlisle underground coal mine located near the town of Carlisle, Indiana; and Ace in the Hole mine located near Clay City, Indiana.
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