Warrior Met Coal Inc (NYSE:HCC) CAO Brian M. Chopin sold 8,329 shares of the stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $27.41, for a total transaction of $228,297.89. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of Warrior Met Coal stock opened at $26.49 on Friday. The company has a current ratio of 3.84, a quick ratio of 3.26 and a debt-to-equity ratio of 0.41. Warrior Met Coal Inc has a 12-month low of $20.88 and a 12-month high of $33.49. The company has a market cap of $1.45 billion, a price-to-earnings ratio of 3.06 and a beta of 0.51.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings results on Wednesday, May 1st. The company reported $2.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.75 by $0.55. Warrior Met Coal had a net margin of 47.10% and a return on equity of 71.47%. The business had revenue of $378.30 million for the quarter, compared to analyst estimates of $326.30 million. During the same quarter in the prior year, the business posted $3.36 EPS. Warrior Met Coal’s revenue for the quarter was down 10.3% compared to the same quarter last year. Research analysts forecast that Warrior Met Coal Inc will post 6.39 EPS for the current year.

The business also recently declared a special dividend, which was paid on Tuesday, May 14th. Shareholders of record on Monday, May 6th were paid a dividend of $4.41 per share. The ex-dividend date of this dividend was Friday, May 3rd. This represents a yield of 0.62%. Warrior Met Coal’s payout ratio is 2.31%.

A number of equities research analysts recently commented on HCC shares. Jefferies Financial Group set a $40.00 target price on shares of Warrior Met Coal and gave the company a “buy” rating in a research report on Tuesday, April 2nd. Royal Bank of Canada set a $33.00 target price on shares of Warrior Met Coal and gave the company a “hold” rating in a research report on Friday, May 3rd. Deutsche Bank started coverage on shares of Warrior Met Coal in a research report on Sunday, March 31st. They set a “buy” rating and a $35.00 target price for the company. ValuEngine raised shares of Warrior Met Coal from a “strong sell” rating to a “sell” rating in a research report on Monday, February 4th. Finally, TheStreet raised shares of Warrior Met Coal from a “c” rating to a “b-” rating in a research report on Friday, April 12th. Four investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $34.78.

A number of institutional investors have recently modified their holdings of HCC. JPMorgan Chase & Co. increased its stake in Warrior Met Coal by 180.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,361,623 shares of the company’s stock valued at $36,818,000 after purchasing an additional 876,707 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Warrior Met Coal by 11.2% in the third quarter. Vanguard Group Inc. now owns 5,672,855 shares of the company’s stock worth $153,394,000 after acquiring an additional 570,711 shares during the period. Millennium Management LLC increased its stake in shares of Warrior Met Coal by 37.9% in the fourth quarter. Millennium Management LLC now owns 2,041,121 shares of the company’s stock worth $49,211,000 after acquiring an additional 561,054 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Warrior Met Coal by 104.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 791,490 shares of the company’s stock worth $19,083,000 after acquiring an additional 404,063 shares during the period. Finally, Impala Asset Management LLC increased its stake in shares of Warrior Met Coal by 36.8% in the first quarter. Impala Asset Management LLC now owns 1,467,341 shares of the company’s stock worth $44,607,000 after acquiring an additional 394,404 shares during the period.

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About Warrior Met Coal

Warrior Met Coal, Inc produces and exports metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.

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