Warrior Met Coal, Inc. (NYSE:HCC) Stock Position Decreased by Royce & Associates LP

Royce & Associates LP lowered its holdings in Warrior Met Coal, Inc. (NYSE:HCC) by 45.3% during the third quarter, HoldingsChannel.com reports. The fund owned 7,505 shares of the company’s stock after selling 6,211 shares during the period. Royce & Associates LP’s holdings in Warrior Met Coal were worth $480,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HCC. GAMMA Investing LLC lifted its holdings in shares of Warrior Met Coal by 38.6% in the 2nd quarter. GAMMA Investing LLC now owns 517 shares of the company’s stock worth $32,000 after purchasing an additional 144 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Warrior Met Coal by 48.5% during the third quarter. Blue Trust Inc. now owns 551 shares of the company’s stock valued at $35,000 after acquiring an additional 180 shares during the period. SummerHaven Investment Management LLC grew its position in shares of Warrior Met Coal by 1.2% during the second quarter. SummerHaven Investment Management LLC now owns 19,319 shares of the company’s stock worth $1,213,000 after acquiring an additional 231 shares during the last quarter. Evergreen Capital Management LLC increased its holdings in shares of Warrior Met Coal by 6.3% in the 2nd quarter. Evergreen Capital Management LLC now owns 3,903 shares of the company’s stock worth $245,000 after acquiring an additional 231 shares during the period. Finally, Sei Investments Co. boosted its stake in Warrior Met Coal by 1.2% during the 1st quarter. Sei Investments Co. now owns 23,202 shares of the company’s stock valued at $1,408,000 after purchasing an additional 277 shares during the period. 92.28% of the stock is currently owned by institutional investors and hedge funds.

Warrior Met Coal Trading Up 2.1 %

Warrior Met Coal stock opened at $69.97 on Thursday. Warrior Met Coal, Inc. has a 12-month low of $50.60 and a 12-month high of $75.53. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.81 and a quick ratio of 4.67. The stock has a market capitalization of $3.66 billion, a PE ratio of 9.66 and a beta of 1.02. The firm has a 50 day simple moving average of $62.90 and a 200-day simple moving average of $63.79.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.40. Warrior Met Coal had a return on equity of 19.00% and a net margin of 23.77%. The firm had revenue of $327.72 million during the quarter, compared to analyst estimates of $322.21 million. During the same period last year, the company posted $1.85 EPS. The firm’s quarterly revenue was down 22.6% on a year-over-year basis. As a group, equities research analysts expect that Warrior Met Coal, Inc. will post 5.62 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Tuesday, November 5th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.46%. The ex-dividend date was Tuesday, November 5th. Warrior Met Coal’s dividend payout ratio (DPR) is presently 4.42%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. B. Riley lifted their price target on Warrior Met Coal from $89.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Benchmark reaffirmed a “hold” rating on shares of Warrior Met Coal in a research note on Monday, August 5th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $75.75.

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.