Victory Capital Management Inc. Has $3.34 Million Holdings in Warrior Met Coal, Inc. (NYSE:HCC)

Victory Capital Management Inc. increased its holdings in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 26.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 52,280 shares of the company’s stock after purchasing an additional 10,972 shares during the period. Victory Capital Management Inc.’s holdings in Warrior Met Coal were worth $3,341,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Dimensional Fund Advisors LP grew its stake in shares of Warrior Met Coal by 2.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,863,024 shares of the company’s stock valued at $116,937,000 after purchasing an additional 45,950 shares during the period. Renaissance Technologies LLC grew its position in Warrior Met Coal by 4.3% during the 2nd quarter. Renaissance Technologies LLC now owns 1,501,379 shares of the company’s stock worth $94,242,000 after acquiring an additional 62,200 shares during the last quarter. American Century Companies Inc. boosted its position in Warrior Met Coal by 6.1% in the 2nd quarter. American Century Companies Inc. now owns 1,440,965 shares of the company’s stock valued at $90,449,000 after buying an additional 82,622 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Warrior Met Coal by 2.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,299,563 shares of the company’s stock valued at $78,885,000 after buying an additional 30,053 shares during the last quarter. Finally, River Road Asset Management LLC boosted its position in Warrior Met Coal by 22.9% in the 3rd quarter. River Road Asset Management LLC now owns 870,357 shares of the company’s stock valued at $55,616,000 after buying an additional 162,387 shares during the last quarter. Institutional investors and hedge funds own 92.28% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. B. Riley increased their price target on Warrior Met Coal from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Benchmark restated a “hold” rating on shares of Warrior Met Coal in a report on Monday, August 5th. Three 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 presently has an average rating of “Hold” and a consensus target price of $75.75.

Warrior Met Coal Stock Down 3.5 %

Shares of HCC opened at $70.27 on Friday. Warrior Met Coal, Inc. has a one year low of $50.60 and a one year high of $75.53. The company has a market cap of $3.68 billion, a P/E ratio of 9.71 and a beta of 1.02. 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 firm has a 50 day simple moving average of $63.58 and a two-hundred day simple moving average of $63.87.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.40. Warrior Met Coal had a net margin of 23.77% and a return on equity of 19.00%. The company had revenue of $327.72 million for the quarter, compared to analysts’ expectations of $322.21 million. During the same quarter in the previous year, the firm posted $1.85 earnings per share. Warrior Met Coal’s revenue for the quarter was down 22.6% on a year-over-year basis. Research analysts forecast that Warrior Met Coal, Inc. will post 5.62 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Tuesday, November 5th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, November 5th. This represents a $0.32 annualized dividend and a dividend yield of 0.46%. Warrior Met Coal’s dividend payout ratio is currently 4.42%.

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.