First National Trust Co Sells 1,050 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

First National Trust Co lowered its stake in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 20.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,200 shares of the company’s stock after selling 1,050 shares during the period. First National Trust Co’s holdings in Warrior Met Coal were worth $256,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Assenagon Asset Management S.A. purchased a new position in Warrior Met Coal in the fourth quarter valued at approximately $44,388,000. KGH Ltd increased its holdings in Warrior Met Coal by 11.2% during the 3rd quarter. KGH Ltd now owns 2,590,000 shares of the company’s stock valued at $132,297,000 after purchasing an additional 260,091 shares during the period. UBS Group AG boosted its stake in shares of Warrior Met Coal by 154.8% during the 3rd quarter. UBS Group AG now owns 192,239 shares of the company’s stock valued at $9,820,000 after purchasing an additional 116,781 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Warrior Met Coal by 10.7% during the third quarter. American Century Companies Inc. now owns 961,388 shares of the company’s stock valued at $49,108,000 after purchasing an additional 92,941 shares in the last quarter. Finally, Barclays PLC increased its stake in shares of Warrior Met Coal by 237.9% in the 3rd quarter. Barclays PLC now owns 117,295 shares of the company’s stock worth $5,992,000 after acquiring an additional 82,578 shares in the last quarter. Institutional investors own 92.28% of the company’s stock.

Warrior Met Coal Price Performance

Shares of HCC stock traded down $0.08 during trading hours on Monday, reaching $66.15. The company had a trading volume of 49,084 shares, compared to its average volume of 823,884. Warrior Met Coal, Inc. has a 12-month low of $31.97 and a 12-month high of $71.91. The company has a market capitalization of $3.46 billion, a price-to-earnings ratio of 7.97 and a beta of 1.05. The stock has a fifty day moving average of $60.90 and a 200-day moving average of $58.72. The company has a debt-to-equity ratio of 0.10, a quick ratio of 5.85 and a current ratio of 6.86.

Warrior Met Coal (NYSE:HCC) last released its quarterly earnings results on Wednesday, May 1st. The company reported $2.63 EPS for the quarter, topping analysts’ consensus estimates of $2.02 by $0.61. Warrior Met Coal had a return on equity of 24.71% and a net margin of 25.94%. The company had revenue of $503.50 million for the quarter, compared to analysts’ expectations of $474.99 million. During the same period in the prior year, the firm earned $3.57 earnings per share. The firm’s revenue was down 1.2% compared to the same quarter last year. On average, equities analysts anticipate that Warrior Met Coal, Inc. will post 6.98 earnings per share for the current year.

Warrior Met Coal Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 13th. Stockholders of record on Monday, May 6th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date is Friday, May 3rd. Warrior Met Coal’s dividend payout ratio (DPR) is currently 3.85%.

Insider Activity

In related news, Director Alan H. Schumacher bought 2,000 shares of the stock in a transaction on Friday, February 23rd. The shares were bought at an average cost of $58.15 per share, for a total transaction of $116,300.00. Following the completion of the transaction, the director now owns 30,270 shares of the company’s stock, valued at approximately $1,760,200.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on HCC. UBS Group assumed coverage on Warrior Met Coal in a research note on Tuesday, January 16th. They issued a “neutral” rating and a $68.00 price target on the stock. Benchmark reaffirmed a “hold” rating on shares of Warrior Met Coal in a report on Thursday. Citigroup raised Warrior Met Coal from a “neutral” rating to a “buy” rating and upped their target price for the company from $60.00 to $75.00 in a research note on Thursday, April 11th. B. Riley lifted their target price on Warrior Met Coal from $87.00 to $91.00 and gave the company a “buy” rating in a research report on Thursday. Finally, BMO Capital Markets upped their price objective on Warrior Met Coal from $62.00 to $70.00 and gave the stock a “market perform” rating in a research note on Thursday. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $72.80.

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.