Tudor Investment Corp ET AL trimmed its position in shares of Arch Coal, Inc. Class A (NASDAQ:ARCH) by 20.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,822 shares of the energy company’s stock after selling 13,942 shares during the quarter. Tudor Investment Corp ET AL owned 0.23% of Arch Coal, Inc. Class A worth $3,744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of ARCH. BlackRock Inc. boosted its holdings in Arch Coal, Inc. Class A by 242.4% during the 2nd quarter. BlackRock Inc. now owns 1,415,537 shares of the energy company’s stock worth $96,680,000 after acquiring an additional 1,002,176 shares during the last quarter. State Street Corp boosted its holdings in shares of Arch Coal, Inc. Class A by 3,567.0% in the 1st quarter. State Street Corp now owns 660,065 shares of the energy company’s stock worth $45,504,000 after buying an additional 642,065 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Arch Coal, Inc. Class A by 11,912.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 228,241 shares of the energy company’s stock worth $15,588,000 after buying an additional 226,341 shares during the last quarter. Contrarius Investment Management Ltd boosted its holdings in shares of Arch Coal, Inc. Class A by 35.9% in the 2nd quarter. Contrarius Investment Management Ltd now owns 789,130 shares of the energy company’s stock worth $53,898,000 after buying an additional 208,487 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of Arch Coal, Inc. Class A by 450.0% in the 2nd quarter. Northern Trust Corp now owns 252,215 shares of the energy company’s stock worth $17,226,000 after buying an additional 206,361 shares during the last quarter.

A number of brokerages recently weighed in on ARCH. Zacks Investment Research downgraded shares of Arch Coal, Inc. Class A from a “hold” rating to a “sell” rating in a report on Friday. Jefferies Group LLC reissued a “buy” rating on shares of Arch Coal, Inc. Class A in a report on Thursday, September 21st. FBR & Co reissued a “buy” rating on shares of Arch Coal, Inc. Class A in a report on Tuesday, September 19th. MKM Partners reissued a “buy” rating and issued a $104.00 price target on shares of Arch Coal, Inc. Class A in a report on Tuesday, September 12th. Finally, Macquarie began coverage on shares of Arch Coal, Inc. Class A in a report on Thursday, September 7th. They issued a “neutral” rating and a $84.00 price target on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $92.38.

Shares of Arch Coal, Inc. Class A (ARCH) traded down 0.61% during trading on Friday, hitting $71.74. 322,724 shares of the company were exchanged. The stock has a market capitalization of $1.74 billion and a PE ratio of 1.00. The company has a 50 day moving average of $75.08 and a 200-day moving average of $75.08. Arch Coal, Inc. Class A has a 1-year low of $0.04 and a 1-year high of $86.47.

Arch Coal, Inc. Class A (NASDAQ:ARCH) last released its quarterly earnings data on Thursday, July 27th. The energy company reported $1.85 EPS for the quarter, missing the consensus estimate of $1.92 by ($0.07). The company had revenue of $549.87 million during the quarter, compared to the consensus estimate of $596.76 million. The firm’s quarterly revenue was up 30.8% compared to the same quarter last year. On average, analysts forecast that Arch Coal, Inc. Class A will post $8.92 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Thursday, August 31st were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.95%. This is an increase from Arch Coal, Inc. Class A’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Tuesday, August 29th.

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Arch Coal, Inc. Class A Company Profile

Arch Coal, Inc is a coal producer. The Company is engaged in the production of thermal and metallurgical coal from surface and underground mines located throughout the United States, for sale to utility, industrial and steel producers both in the United States and around the world. The Company operates mining complexes in West Virginia, Kentucky, Maryland, Virginia, Illinois, Wyoming and Colorado.

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Institutional Ownership by Quarter for Arch Coal, Inc. Class A (NASDAQ:ARCH)

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