Value Aligned Research Advisors LLC Has $6.28 Million Stock Holdings in Hallador Energy Company $HNRG

Value Aligned Research Advisors LLC grew its stake in Hallador Energy Company (NASDAQ:HNRG) by 1,038.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 320,759 shares of the energy company’s stock after acquiring an additional 292,577 shares during the period. Value Aligned Research Advisors LLC’s holdings in Hallador Energy were worth $6,277,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Hallador Energy by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,193 shares of the energy company’s stock valued at $187,000 after purchasing an additional 624 shares during the last quarter. Ameritas Investment Partners Inc. increased its position in shares of Hallador Energy by 68.0% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,169 shares of the energy company’s stock worth $50,000 after purchasing an additional 1,283 shares during the last quarter. State of Alaska Department of Revenue bought a new stake in shares of Hallador Energy during the 3rd quarter worth approximately $32,000. Raymond James Financial Inc. bought a new stake in shares of Hallador Energy during the 2nd quarter worth approximately $27,000. Finally, Police & Firemen s Retirement System of New Jersey boosted its holdings in shares of Hallador Energy by 31.5% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 7,774 shares of the energy company’s stock valued at $123,000 after buying an additional 1,863 shares during the last quarter. Institutional investors and hedge funds own 61.38% of the company’s stock.

Analysts Set New Price Targets

HNRG has been the subject of several analyst reports. Zacks Research cut shares of Hallador Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. B. Riley Financial raised shares of Hallador Energy from a “neutral” rating to a “buy” rating and upped their price target for the stock from $23.00 to $27.00 in a research report on Friday, March 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Hallador Energy in a research note on Thursday, January 22nd. Finally, Wall Street Zen downgraded shares of Hallador Energy from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $26.00.

Hallador Energy Stock Down 2.0%

Shares of HNRG opened at $16.42 on Thursday. The firm has a market cap of $772.07 million, a P/E ratio of 17.10 and a beta of 0.22. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.23 and a current ratio of 0.81. Hallador Energy Company has a 52 week low of $9.25 and a 52 week high of $24.70. The firm’s 50-day simple moving average is $18.99 and its 200 day simple moving average is $19.43.

Hallador Energy (NASDAQ:HNRG) last issued its quarterly earnings data on Thursday, March 12th. The energy company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01). Hallador Energy had a net margin of 8.92% and a return on equity of 30.82%. The firm had revenue of $101.94 million during the quarter, compared to the consensus estimate of $105.48 million. On average, analysts forecast that Hallador Energy Company will post -0.31 earnings per share for the current year.

About Hallador Energy

Hallador Energy Company is a coal producer and mine operator trading on NASDAQ under the symbol HNRG. The company’s primary business activities center on the production and sale of bituminous thermal coal. Hallador’s operations encompass two surface mines: the Shoal Creek Mine located in southwestern Indiana and the Bull Mountain Mine situated in eastern Montana. Both sites are designed to extract high-quality coal reserves for the power generation market.

Hallador Energy markets its coal primarily to electric utilities and industrial customers across the United States.