Dimensional Fund Advisors LP Sells 107,781 Shares of Peabody Energy Co. (NYSE:BTU)

Dimensional Fund Advisors LP decreased its position in Peabody Energy Co. (NYSE:BTU) by 1.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,255,206 shares of the coal producer’s stock after selling 107,781 shares during the quarter. Dimensional Fund Advisors LP owned 0.06% of Peabody Energy worth $160,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of BTU. Blue Trust Inc. lifted its position in Peabody Energy by 11,390.0% in the second quarter. Blue Trust Inc. now owns 1,149 shares of the coal producer’s stock valued at $28,000 after purchasing an additional 1,139 shares during the last quarter. Natixis lifted its position in Peabody Energy by 8,355.0% in the first quarter. Natixis now owns 1,691 shares of the coal producer’s stock valued at $41,000 after purchasing an additional 1,671 shares during the last quarter. TFO Wealth Partners LLC lifted its position in Peabody Energy by 48,475.0% in the fourth quarter. TFO Wealth Partners LLC now owns 1,943 shares of the coal producer’s stock valued at $47,000 after purchasing an additional 1,939 shares during the last quarter. Headlands Technologies LLC bought a new stake in Peabody Energy in the second quarter valued at approximately $78,000. Finally, Innealta Capital LLC bought a new stake in Peabody Energy in the second quarter valued at approximately $151,000. Institutional investors own 87.44% of the company’s stock.

Analyst Ratings Changes

Separately, B. Riley boosted their price objective on Peabody Energy from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Tuesday.

Peabody Energy Price Performance

Shares of Peabody Energy stock opened at $23.91 on Friday. The company has a quick ratio of 1.92, a current ratio of 2.49 and a debt-to-equity ratio of 0.09. The company has a market cap of $3.04 billion, a PE ratio of 6.66 and a beta of 0.95. The business has a 50 day moving average of $22.43 and a 200 day moving average of $23.10. Peabody Energy Co. has a 52 week low of $20.21 and a 52 week high of $27.24.

Peabody Energy (NYSE:BTU) last announced its earnings results on Thursday, August 1st. The coal producer reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.90. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1 billion. Peabody Energy had a return on equity of 15.35% and a net margin of 12.69%. As a group, equities research analysts forecast that Peabody Energy Co. will post 3.11 earnings per share for the current year.

Peabody Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Thursday, August 15th were issued a dividend of $0.075 per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.25%. Peabody Energy’s dividend payout ratio is presently 8.36%.

About Peabody Energy

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.