Lodge Hill Capital LLC Lowers Stake in Arch Resources, Inc. (NYSE:ARCH)

Lodge Hill Capital LLC cut its holdings in Arch Resources, Inc. (NYSE:ARCH) by 49.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 66,100 shares of the energy company’s stock after selling 65,000 shares during the quarter. Arch Resources comprises approximately 2.7% of Lodge Hill Capital LLC’s portfolio, making the stock its 14th largest holding. Lodge Hill Capital LLC’s holdings in Arch Resources were worth $10,062,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Nisa Investment Advisors LLC increased its position in Arch Resources by 5.1% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,856 shares of the energy company’s stock valued at $283,000 after acquiring an additional 90 shares during the period. CWM LLC grew its stake in shares of Arch Resources by 132.0% in the 2nd quarter. CWM LLC now owns 174 shares of the energy company’s stock valued at $26,000 after purchasing an additional 99 shares during the last quarter. Lindbrook Capital LLC increased its holdings in shares of Arch Resources by 99.0% in the first quarter. Lindbrook Capital LLC now owns 201 shares of the energy company’s stock valued at $32,000 after purchasing an additional 100 shares during the period. AlphaMark Advisors LLC raised its stake in shares of Arch Resources by 6.6% during the second quarter. AlphaMark Advisors LLC now owns 1,956 shares of the energy company’s stock worth $298,000 after purchasing an additional 121 shares during the last quarter. Finally, Linden Thomas Advisory Services LLC raised its stake in shares of Arch Resources by 1.4% during the second quarter. Linden Thomas Advisory Services LLC now owns 9,475 shares of the energy company’s stock worth $1,442,000 after purchasing an additional 127 shares during the last quarter. 88.14% of the stock is owned by hedge funds and other institutional investors.

Arch Resources Trading Down 1.3 %

NYSE:ARCH opened at $128.27 on Friday. The stock has a market capitalization of $2.32 billion, a price-to-earnings ratio of 7.55 and a beta of 0.60. Arch Resources, Inc. has a 1 year low of $116.44 and a 1 year high of $187.60. The stock has a fifty day moving average price of $133.56 and a two-hundred day moving average price of $152.45. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.77 and a current ratio of 2.54.

Arch Resources (NYSE:ARCH) last announced its quarterly earnings data on Thursday, July 25th. The energy company reported $0.81 EPS for the quarter, missing the consensus estimate of $1.31 by ($0.50). Arch Resources had a net margin of 9.24% and a return on equity of 17.91%. The company had revenue of $608.75 million during the quarter, compared to analyst estimates of $562.23 million. During the same quarter last year, the business earned $4.04 EPS. The firm’s revenue for the quarter was down 19.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Arch Resources, Inc. will post 10.73 earnings per share for the current fiscal year.

Arch Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 30th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend was Friday, August 30th. Arch Resources’s payout ratio is currently 5.88%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ARCH. B. Riley lowered their price objective on shares of Arch Resources from $198.00 to $188.00 and set a “buy” rating on the stock in a research report on Friday, September 6th. Benchmark reaffirmed a “buy” rating and issued a $180.00 target price on shares of Arch Resources in a report on Friday, July 26th. Finally, StockNews.com started coverage on shares of Arch Resources in a report on Monday, September 16th. They set a “hold” rating for the company. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $175.75.

About Arch Resources

Arch Resources, Inc engages in the production and sale of metallurgical products. It operates in two segments, Metallurgical and Thermal. The company operates active mines. It owned or controlled primarily through long-term leases of coal land in Ohio, Maryland, Virginia, West Virginia, Wyoming, Kentucky, Montana, Pennsylvania, Colorado, and Illinois; and smaller parcels of property in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas.