12,475 Shares in Warrior Met Coal, Inc. (NYSE:HCC) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new position in Warrior Met Coal, Inc. (NYSE:HCC) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 12,475 shares of the company’s stock, valued at approximately $677,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Victory Capital Management Inc. increased its stake in shares of Warrior Met Coal by 26.6% in the third quarter. Victory Capital Management Inc. now owns 52,280 shares of the company’s stock valued at $3,341,000 after buying an additional 10,972 shares during the period. Geode Capital Management LLC increased its stake in shares of Warrior Met Coal by 1.1% in the third quarter. Geode Capital Management LLC now owns 1,208,405 shares of the company’s stock valued at $77,232,000 after buying an additional 13,650 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Warrior Met Coal by 14.2% in the third quarter. JPMorgan Chase & Co. now owns 671,427 shares of the company’s stock valued at $42,904,000 after buying an additional 83,331 shares during the period. Citigroup Inc. increased its stake in shares of Warrior Met Coal by 61.4% in the third quarter. Citigroup Inc. now owns 87,441 shares of the company’s stock valued at $5,587,000 after buying an additional 33,272 shares during the period. Finally, Hosking Partners LLP increased its stake in shares of Warrior Met Coal by 9.6% in the fourth quarter. Hosking Partners LLP now owns 524,833 shares of the company’s stock valued at $28,467,000 after buying an additional 45,868 shares during the period. Institutional investors and hedge funds own 92.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. B. Riley decreased their price target on Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating for the company in a research note on Tuesday, February 18th. Benchmark reiterated a “hold” rating on shares of Warrior Met Coal in a report on Friday, February 14th. Finally, Jefferies Financial Group dropped their target price 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. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $74.00.

Warrior Met Coal Stock Performance

Shares of Warrior Met Coal stock opened at $46.64 on Friday. The company has a current ratio of 5.20, a quick ratio of 3.99 and a debt-to-equity ratio of 0.09. The business’s fifty day simple moving average is $51.18 and its 200 day simple moving average is $57.77. Warrior Met Coal, Inc. has a 12 month low of $44.62 and a 12 month high of $75.53. The firm has a market capitalization of $2.45 billion, a P/E ratio of 9.74 and a beta of 1.10.

Warrior Met Coal (NYSE:HCC) last released its earnings results on Thursday, February 13th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $297.47 million during the quarter, compared to analysts’ expectations of $331.70 million. As a group, analysts anticipate that Warrior Met Coal, Inc. will post 4.86 EPS for the current year.

Warrior Met Coal Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 24th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.69%. The ex-dividend date was Monday, February 24th. Warrior Met Coal’s dividend payout ratio (DPR) is presently 6.68%.

About Warrior Met Coal

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.