New Age Alpha Advisors LLC Invests $232,000 in Warrior Met Coal, Inc. (NYSE:HCC)

New Age Alpha Advisors LLC bought a new stake in Warrior Met Coal, Inc. (NYSE:HCC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,281 shares of the company’s stock, valued at approximately $232,000.

Several other hedge funds also recently modified their holdings of the stock. WINTON GROUP Ltd boosted its holdings in Warrior Met Coal by 13.6% during the 4th quarter. WINTON GROUP Ltd now owns 19,198 shares of the company’s stock worth $1,041,000 after acquiring an additional 2,292 shares during the last quarter. LPL Financial LLC boosted its holdings in Warrior Met Coal by 22.5% during the fourth quarter. LPL Financial LLC now owns 6,654 shares of the company’s stock worth $361,000 after purchasing an additional 1,221 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in Warrior Met Coal during the fourth quarter worth about $1,150,000. AXQ Capital LP bought a new stake in Warrior Met Coal in the 4th quarter worth about $207,000. Finally, American Century Companies Inc. increased its stake in Warrior Met Coal by 7.1% in the 4th quarter. American Century Companies Inc. now owns 1,748,274 shares of the company’s stock valued at $94,826,000 after buying an additional 115,675 shares during the last quarter. Hedge funds and other institutional investors own 92.28% of the company’s stock.

Wall Street Analyst Weigh In

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

Warrior Met Coal Price Performance

Shares of NYSE HCC opened at $46.80 on Thursday. The company has a current ratio of 5.20, a quick ratio of 3.99 and a debt-to-equity ratio of 0.09. The stock has a fifty day simple moving average of $50.13 and a two-hundred day simple moving average of $57.50. Warrior Met Coal, Inc. has a 1-year low of $44.62 and a 1-year high of $75.53. The firm has a market cap of $2.46 billion, a price-to-earnings ratio of 9.77 and a beta of 0.80.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.34). The firm had revenue of $297.47 million for the quarter, compared to the consensus estimate of $331.70 million. Warrior Met Coal had a return on equity of 12.56% and a net margin of 16.43%. Analysts anticipate that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current year.

Warrior Met Coal Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 24th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.68%. The ex-dividend date of this dividend was Monday, February 24th. Warrior Met Coal’s dividend payout ratio (DPR) is currently 6.68%.

About Warrior Met Coal

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.