Warrior Met Coal, Inc. (NYSE:HCC) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. trimmed its position in Warrior Met Coal, Inc. (NYSE:HCC) by 35.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 33,716 shares of the company’s stock after selling 18,564 shares during the period. Victory Capital Management Inc.’s holdings in Warrior Met Coal were worth $1,829,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp lifted its stake in Warrior Met Coal by 4.9% during the third quarter. State Street Corp now owns 3,404,237 shares of the company’s stock worth $217,531,000 after purchasing an additional 158,722 shares during the last quarter. FMR LLC lifted its position in shares of Warrior Met Coal by 8.6% in the 3rd quarter. FMR LLC now owns 3,210,531 shares of the company’s stock worth $205,153,000 after buying an additional 254,540 shares during the last quarter. Maple Rock Capital Partners Inc. boosted its holdings in shares of Warrior Met Coal by 193.9% in the 3rd quarter. Maple Rock Capital Partners Inc. now owns 1,460,992 shares of the company’s stock valued at $93,357,000 after buying an additional 963,892 shares during the period. Allianz Asset Management GmbH grew its position in shares of Warrior Met Coal by 10.1% during the 4th quarter. Allianz Asset Management GmbH now owns 1,378,645 shares of the company’s stock valued at $74,778,000 after buying an additional 126,911 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in Warrior Met Coal by 1.1% during the third quarter. Geode Capital Management LLC now owns 1,208,405 shares of the company’s stock worth $77,232,000 after acquiring an additional 13,650 shares during the period. 92.28% of the stock is owned by institutional investors.

Warrior Met Coal Price Performance

Shares of NYSE:HCC opened at $48.42 on Tuesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20. The company has a market capitalization of $2.54 billion, a PE ratio of 10.11 and a beta of 1.10. The stock has a fifty day moving average of $51.51 and a 200-day moving average of $58.09. Warrior Met Coal, Inc. has a one year low of $44.62 and a one year high of $75.53.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.34). Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. The company had revenue of $297.47 million for the quarter, compared to analyst estimates of $331.70 million. As a group, equities analysts anticipate that Warrior Met Coal, Inc. will post 4.86 EPS for the current fiscal year.

Warrior Met Coal Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 24th were issued a dividend of $0.08 per share. The ex-dividend date was Monday, February 24th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.66%. Warrior Met Coal’s dividend payout ratio is currently 6.68%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HCC. Jefferies Financial Group cut their price target on Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Monday, January 6th. B. Riley reduced their price target on shares of Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating for the company in a report on Tuesday, February 18th. Finally, Benchmark reiterated a “hold” rating on shares of Warrior Met Coal in a research report on Friday, February 14th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $74.00.

Warrior Met Coal Profile

Warrior Met Coal, Inc produces and exports non-thermal 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.