Swiss National Bank Buys 800 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

Swiss National Bank increased its position in Warrior Met Coal, Inc. (NYSE:HCC) by 0.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 102,900 shares of the company’s stock after acquiring an additional 800 shares during the quarter. Swiss National Bank’s holdings in Warrior Met Coal were worth $5,581,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of HCC. State Street Corp lifted its stake in shares of Warrior Met Coal by 4.9% in the third quarter. State Street Corp now owns 3,404,237 shares of the company’s stock worth $217,531,000 after buying an additional 158,722 shares in the last quarter. FMR LLC raised its holdings in 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 acquiring an additional 254,540 shares during the last quarter. Maple Rock Capital Partners Inc. lifted its position in 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 acquiring an additional 963,892 shares in the last quarter. Allianz Asset Management GmbH boosted its stake in 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 purchasing an additional 126,911 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Warrior Met Coal by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 1,208,405 shares of the company’s stock worth $77,232,000 after purchasing an additional 13,650 shares in the last quarter. 92.28% of the stock is owned by hedge funds and other institutional investors.

Warrior Met Coal Stock Down 1.0 %

HCC stock opened at $46.64 on Monday. The company has a market cap of $2.45 billion, a price-to-earnings ratio of 9.74 and a beta of 1.10. 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 business’s 50-day moving average is $51.18 and its two-hundred day moving average is $57.78. Warrior Met Coal, Inc. has a fifty-two week low of $44.62 and a fifty-two week high of $75.53.

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

Warrior Met Coal Dividend Announcement

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

Analysts Set New Price Targets

HCC has been the topic of a number of research analyst reports. Jefferies Financial Group lowered 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. Benchmark restated a “hold” rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Finally, 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 research note on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus 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.