David C. Hardie Sells 14,893 Shares of Hallador Energy (NASDAQ:HNRG) Stock

Hallador Energy (NASDAQ:HNRG) Director David C. Hardie sold 14,893 shares of the stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $13.02, for a total transaction of $193,906.86. Following the completion of the transaction, the director now directly owns 2,091,926 shares of the company’s stock, valued at approximately $27,236,876.52. The trade was a 0.71 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Hallador Energy Trading Up 3.3 %

Shares of NASDAQ HNRG opened at $13.34 on Friday. Hallador Energy has a 1 year low of $4.33 and a 1 year high of $13.57. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.58 and a quick ratio of 0.17. The firm has a 50-day moving average of $9.99 and a 200 day moving average of $8.10. The stock has a market cap of $568.55 million, a P/E ratio of -24.25 and a beta of 0.62.

Hallador Energy (NASDAQ:HNRG) last released its earnings results on Tuesday, November 12th. The energy company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.14. The firm had revenue of $105.04 million during the quarter, compared to analyst estimates of $117.10 million. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. During the same period last year, the business earned $0.47 earnings per share. As a group, sell-side analysts expect that Hallador Energy will post -0.31 EPS for the current fiscal year.

Institutional Investors Weigh In On Hallador Energy

A number of institutional investors have recently modified their holdings of the stock. Barclays PLC raised its position in shares of Hallador Energy by 272.9% in the 3rd quarter. Barclays PLC now owns 33,131 shares of the energy company’s stock worth $312,000 after purchasing an additional 24,247 shares during the last quarter. Geode Capital Management LLC raised its holdings in Hallador Energy by 4.2% in the third quarter. Geode Capital Management LLC now owns 672,801 shares of the energy company’s stock worth $6,346,000 after buying an additional 27,093 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Hallador Energy in the third quarter worth approximately $251,000. Wolverine Trading LLC grew its holdings in shares of Hallador Energy by 689.9% during the third quarter. Wolverine Trading LLC now owns 35,823 shares of the energy company’s stock valued at $347,000 after buying an additional 31,288 shares during the last quarter. Finally, State Street Corp increased its position in shares of Hallador Energy by 1.5% during the third quarter. State Street Corp now owns 525,123 shares of the energy company’s stock valued at $4,952,000 after acquiring an additional 7,764 shares in the last quarter. 61.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HNRG has been the topic of a number of research analyst reports. B. Riley upped their target price on Hallador Energy from $9.00 to $13.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. StockNews.com cut Hallador Energy from a “hold” rating to a “sell” rating in a research note on Sunday, August 18th.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.