Empowered Funds LLC Acquires 11,288 Shares of Hallador Energy (NASDAQ:HNRG)

Empowered Funds LLC raised its holdings in Hallador Energy (NASDAQ:HNRG) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 233,185 shares of the energy company’s stock after acquiring an additional 11,288 shares during the period. Empowered Funds LLC owned about 0.55% of Hallador Energy worth $2,670,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Bleakley Financial Group LLC bought a new position in Hallador Energy in the fourth quarter valued at about $171,000. Aspiriant LLC bought a new position in Hallador Energy in the fourth quarter valued at about $179,000. Barclays PLC grew its position in Hallador Energy by 272.9% in the third quarter. Barclays PLC now owns 33,131 shares of the energy company’s stock valued at $312,000 after acquiring an additional 24,247 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Hallador Energy by 4.2% during the third quarter. Geode Capital Management LLC now owns 672,801 shares of the energy company’s stock worth $6,346,000 after purchasing an additional 27,093 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Hallador Energy during the third quarter worth about $251,000. Institutional investors own 61.38% of the company’s stock.

Hallador Energy Stock Performance

NASDAQ:HNRG opened at $11.40 on Friday. The stock has a market cap of $485.87 million, a P/E ratio of -20.73 and a beta of 0.66. The company has a current ratio of 0.58, a quick ratio of 0.17 and a debt-to-equity ratio of 0.16. The stock’s 50-day moving average is $11.72 and its 200-day moving average is $9.84. Hallador Energy has a 1-year low of $4.33 and a 1-year high of $14.00.

Hallador Energy (NASDAQ:HNRG) last posted its quarterly earnings data on Tuesday, November 12th. The energy company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.14. The company had revenue of $105.04 million for the quarter, compared to analyst estimates of $117.10 million. Hallador Energy had a negative return on equity of 6.71% and a negative net margin of 4.85%. During the same period in the previous year, the firm earned $0.47 earnings per share. Equities research analysts anticipate that Hallador Energy will post -0.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

HNRG has been the topic of several research reports. Alliance Global Partners initiated coverage on Hallador Energy in a report on Monday, December 9th. They set a “buy” rating and a $17.00 price target on the stock. B. Riley boosted their price target on Hallador Energy from $9.00 to $13.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th.

Insider Buying and Selling

In related news, Director David C. Hardie sold 14,893 shares of Hallador Energy stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $13.02, for a total value of $193,906.86. Following the transaction, the director now directly owns 2,091,926 shares of the company’s stock, valued at $27,236,876.52. The trade was a 0.71 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 59,825 shares of company stock valued at $781,020 over the last ninety days. 32.30% of the stock is owned by company insiders.

Hallador Energy 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.