Stevens Capital Management LP lifted its stake in shares of Peabody Energy Co. (NYSE:BTU) by 120.6% in the 3rd quarter, HoldingsChannel reports. The fund owned 28,716 shares of the coal producer’s stock after acquiring an additional 15,697 shares during the period. Stevens Capital Management LP’s holdings in Peabody Energy were worth $1,023,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. United Services Automobile Association boosted its stake in shares of Peabody Energy by 7.2% during the 2nd quarter. United Services Automobile Association now owns 30,810 shares of the coal producer’s stock worth $1,401,000 after acquiring an additional 2,080 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of Peabody Energy by 2.0% during the 3rd quarter. Wells Fargo & Company MN now owns 112,362 shares of the coal producer’s stock worth $4,004,000 after acquiring an additional 2,254 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in shares of Peabody Energy by 15.2% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 17,389 shares of the coal producer’s stock worth $620,000 after acquiring an additional 2,300 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Peabody Energy by 28.6% during the 2nd quarter. SG Americas Securities LLC now owns 11,505 shares of the coal producer’s stock worth $523,000 after acquiring an additional 2,560 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its position in shares of Peabody Energy by 38.2% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 9,665 shares of the coal producer’s stock worth $344,000 after purchasing an additional 2,674 shares during the last quarter. Institutional investors own 99.80% of the company’s stock.

NYSE BTU opened at $30.67 on Friday. Peabody Energy Co. has a twelve month low of $29.66 and a twelve month high of $47.84. The company has a quick ratio of 1.81, a current ratio of 2.05 and a debt-to-equity ratio of 0.41. The stock has a market cap of $3.75 billion, a P/E ratio of 8.37 and a beta of 0.53.

Peabody Energy (NYSE:BTU) last posted its quarterly earnings data on Tuesday, October 30th. The coal producer reported $0.59 earnings per share for the quarter, missing the consensus estimate of $1.14 by ($0.55). Peabody Energy had a return on equity of 19.01% and a net margin of 13.20%. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.37 billion. During the same period in the prior year, the firm posted $1.47 EPS. Peabody Energy’s revenue for the quarter was down 4.4% on a year-over-year basis. As a group, analysts expect that Peabody Energy Co. will post 2.86 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 21st. Shareholders of record on Wednesday, October 31st were issued a $0.13 dividend. This is a boost from Peabody Energy’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Tuesday, October 30th. This represents a $0.52 annualized dividend and a yield of 1.70%.

Several equities analysts recently weighed in on BTU shares. B. Riley cut their price objective on Peabody Energy to $45.00 and set a “buy” rating for the company in a research report on Monday, October 1st. Zacks Investment Research cut Peabody Energy from a “buy” rating to a “hold” rating in a research report on Monday, November 5th. Clarkson Capital cut Peabody Energy from a “buy” rating to a “hold” rating and set a $47.00 price objective for the company. in a research report on Friday, September 28th. Macquarie cut their price objective on Peabody Energy from $49.00 to $36.00 and set a “hold” rating for the company in a research report on Monday, October 1st. Finally, Seaport Global Securities cut Peabody Energy from a “buy” rating to a “neutral” rating in a research report on Friday, September 28th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $44.50.

In other Peabody Energy news, EVP A. Verona Dorch sold 28,987 shares of the company’s stock in a transaction that occurred on Monday, November 5th. The stock was sold at an average price of $35.07, for a total value of $1,016,574.09. Following the completion of the transaction, the executive vice president now owns 142,456 shares of the company’s stock, valued at approximately $4,995,931.92. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.42% of the company’s stock.

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Peabody Energy Company Profile

Peabody Energy Corporation engages in coal mining business. The company operates through six segments: Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, and Trading and Brokerage. It is involved in mining, preparation, and sale of thermal coal primarily to electric utilities; and metallurgical coal that include hard coking coal, semi-hard coking coal, semi-soft coking coal, and low-volatile pulverized coal injection for industrial customers.

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Institutional Ownership by Quarter for Peabody Energy (NYSE:BTU)

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