Hallador Energy (NASDAQ:HNRG) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its stake in shares of Hallador Energy (NASDAQ:HNRG) by 18.6% during the fourth quarter, Holdings Channel reports. The fund owned 83,300 shares of the energy company’s stock after acquiring an additional 13,074 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Hallador Energy were worth $954,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Barclays PLC increased its holdings in Hallador Energy by 272.9% in the third quarter. Barclays PLC now owns 33,131 shares of the energy company’s stock valued at $312,000 after buying an additional 24,247 shares during the last quarter. Stifel Financial Corp raised its stake in Hallador Energy by 959.7% during the 3rd quarter. Stifel Financial Corp now owns 264,976 shares of the energy company’s stock valued at $2,499,000 after acquiring an additional 239,972 shares during the last quarter. Geode Capital Management LLC increased its stake in Hallador Energy by 4.2% in the 3rd quarter. Geode Capital Management LLC now owns 672,801 shares of the energy company’s stock valued at $6,346,000 after buying an additional 27,093 shares during the period. Bleakley Financial Group LLC purchased a new stake in Hallador Energy in the 4th quarter valued at approximately $171,000. Finally, State Street Corp lifted its holdings in Hallador Energy by 1.5% in the third quarter. State Street Corp now owns 525,123 shares of the energy company’s stock valued at $4,952,000 after acquiring an additional 7,764 shares during the period. 61.38% of the stock is currently owned by institutional investors and hedge funds.

Hallador Energy Price Performance

HNRG opened at $12.51 on Monday. Hallador Energy has a 52-week low of $4.33 and a 52-week high of $14.00. The company has a 50 day moving average of $11.04 and a two-hundred day moving average of $10.87. The company has a market cap of $533.16 million, a P/E ratio of -22.75 and a beta of 0.55. The company has a quick ratio of 0.17, a current ratio of 0.58 and a debt-to-equity ratio of 0.16.

Hallador Energy (NASDAQ:HNRG) last announced its earnings results on Monday, March 17th. The energy company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.01. The business had revenue of $94.80 million during the quarter, compared to the consensus estimate of $102.46 million. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. On average, analysts expect that Hallador Energy will post -0.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on HNRG. Alliance Global Partners started coverage on Hallador Energy in a research report on Monday, December 9th. They set a “buy” rating and a $17.00 target price on the stock. StockNews.com raised shares of Hallador Energy to a “sell” rating in a research note on Friday, March 21st.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.