7,438 Shares in Warrior Met Coal $HCC Purchased by Entropy Technologies LP

Entropy Technologies LP bought a new stake in shares of Warrior Met Coal (NYSE:HCC) during the 1st quarter, Holdings Channel reports. The firm bought 7,438 shares of the company’s stock, valued at approximately $693,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Warrior Met Coal by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,860 shares of the company’s stock valued at $1,473,000 after acquiring an additional 1,351 shares during the last quarter. Intech Investment Management LLC raised its holdings in shares of Warrior Met Coal by 14.6% during the first quarter. Intech Investment Management LLC now owns 34,812 shares of the company’s stock valued at $1,661,000 after purchasing an additional 4,441 shares during the last quarter. Hsbc Holdings PLC raised its holdings in shares of Warrior Met Coal by 7.7% during the second quarter. Hsbc Holdings PLC now owns 6,479 shares of the company’s stock valued at $300,000 after purchasing an additional 464 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Warrior Met Coal by 217.2% during the second quarter. EverSource Wealth Advisors LLC now owns 682 shares of the company’s stock valued at $31,000 after purchasing an additional 467 shares during the period. Finally, Marshall Wace LLP lifted its position in Warrior Met Coal by 75.1% during the second quarter. Marshall Wace LLP now owns 10,085 shares of the company’s stock valued at $462,000 after purchasing an additional 4,324 shares during the period. Institutional investors own 92.28% of the company’s stock.

Warrior Met Coal Price Performance

NYSE HCC opened at $79.08 on Thursday. Warrior Met Coal has a 52 week low of $49.07 and a 52 week high of $110.39. The firm has a market capitalization of $4.18 billion, a P/E ratio of 30.18 and a beta of 0.65. The company has a quick ratio of 2.42, a current ratio of 3.48 and a debt-to-equity ratio of 0.11. The company has a 50-day moving average price of $87.76 and a 200-day moving average price of $88.80.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings data on Thursday, April 30th. The company reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.41 by ($0.04). The business had revenue of $458.59 million during the quarter, compared to the consensus estimate of $467.57 million. Warrior Met Coal had a return on equity of 6.44% and a net margin of 9.36%.Warrior Met Coal’s revenue for the quarter was up 52.9% on a year-over-year basis. During the same quarter last year, the company earned ($0.16) EPS. Equities research analysts anticipate that Warrior Met Coal will post 5.83 earnings per share for the current year.

Warrior Met Coal Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 10th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Monday, August 10th. Warrior Met Coal’s dividend payout ratio is currently 12.21%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on HCC shares. Weiss Ratings cut shares of Warrior Met Coal from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 30th. UBS Group decreased their target price on shares of Warrior Met Coal from $102.00 to $100.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. Zacks Research raised Warrior Met Coal from a “strong sell” rating to a “strong-buy” rating in a report on Monday, June 29th. B. Riley Financial raised their price target on Warrior Met Coal from $117.00 to $123.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Finally, Wall Street Zen lowered Warrior Met Coal from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $103.00.

Insider Buying and Selling

In other Warrior Met Coal news, insider Kelli K. Gant sold 20,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $110.00, for a total value of $2,200,000.00. Following the transaction, the insider directly owned 67,775 shares in the company, valued at approximately $7,455,250. This trade represents a 22.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.10% of the company’s stock.

About Warrior Met Coal

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.