American Century Companies Inc. Has $94.83 Million Position in Warrior Met Coal, Inc. (NYSE:HCC)

American Century Companies Inc. raised its stake in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 7.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,748,274 shares of the company’s stock after acquiring an additional 115,675 shares during the quarter. American Century Companies Inc. owned approximately 3.34% of Warrior Met Coal worth $94,826,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. FNY Investment Advisers LLC bought a new position in Warrior Met Coal during the 4th quarter valued at about $43,000. GAMMA Investing LLC increased its holdings in shares of Warrior Met Coal by 56.7% during the fourth quarter. GAMMA Investing LLC now owns 989 shares of the company’s stock worth $54,000 after buying an additional 358 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Warrior Met Coal by 304.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company’s stock valued at $75,000 after acquiring an additional 1,040 shares during the last quarter. Wolverine Asset Management LLC boosted its holdings in shares of Warrior Met Coal by 264.4% in the 4th quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company’s stock worth $94,000 after acquiring an additional 2,800 shares in the last quarter. Finally, KBC Group NV grew its position in Warrior Met Coal by 25.0% during the 4th quarter. KBC Group NV now owns 2,139 shares of the company’s stock worth $116,000 after acquiring an additional 428 shares during the last quarter. Institutional investors and hedge funds own 92.28% of the company’s stock.

Warrior Met Coal Stock Up 3.6 %

Shares of HCC opened at $48.34 on Tuesday. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 10.09 and a beta of 1.10. Warrior Met Coal, Inc. has a 52 week low of $44.62 and a 52 week high of $75.53. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.99 and a current ratio of 5.20. The business’s fifty day moving average price is $51.08 and its two-hundred day moving average price is $57.74.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.34). Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. The firm had revenue of $297.47 million during the quarter, compared to analyst estimates of $331.70 million. On average, analysts predict that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current year.

Warrior Met Coal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were issued a $0.08 dividend. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.32 annualized dividend and a yield of 0.66%. Warrior Met Coal’s dividend payout ratio is currently 6.68%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Benchmark reiterated a “hold” rating on shares of Warrior Met Coal in a research report on Friday, February 14th. Jefferies Financial Group cut their price target on Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company in a report on Monday, January 6th. Finally, B. Riley decreased their price objective on shares of Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $74.00.

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.