Value Aligned Research Advisors LLC Invests $5.58 Million in Hallador Energy Company $HNRG

Value Aligned Research Advisors LLC acquired a new position in Hallador Energy Company (NASDAQ:HNRG) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 320,759 shares of the energy company’s stock, valued at approximately $5,578,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC grew its position in Hallador Energy by 1.9% in the 1st quarter. AQR Capital Management LLC now owns 103,534 shares of the energy company’s stock worth $1,271,000 after purchasing an additional 1,950 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of 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 worth $187,000 after buying an additional 624 shares during the period. Millennium Management LLC boosted its position in shares of Hallador Energy by 1,233.6% during the first quarter. Millennium Management LLC now owns 486,532 shares of the energy company’s stock worth $5,975,000 after buying an additional 450,049 shares during the period. Empowered Funds LLC raised its stake in Hallador Energy by 5.5% during the 1st quarter. Empowered Funds LLC now owns 246,106 shares of the energy company’s stock valued at $3,022,000 after acquiring an additional 12,921 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new position in Hallador Energy during the 1st quarter worth $807,000. 61.38% of the stock is owned by institutional investors and hedge funds.

Hallador Energy Trading Up 2.4%

Shares of HNRG stock opened at $16.63 on Friday. The stock has a 50-day simple moving average of $16.13 and a 200 day simple moving average of $17.10. The stock has a market capitalization of $783.94 million, a P/E ratio of 831.50 and a beta of 0.25. Hallador Energy Company has a fifty-two week low of $13.65 and a fifty-two week high of $24.70. The company has a quick ratio of 0.24, a current ratio of 0.72 and a debt-to-equity ratio of 0.21.

Hallador Energy (NASDAQ:HNRG) last issued its quarterly earnings results on Monday, August 10th. The energy company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.20). Hallador Energy had a negative return on equity of 0.52% and a negative net margin of 0.20%.The business had revenue of $101.51 million during the quarter, compared to the consensus estimate of $90.33 million. On average, sell-side analysts expect that Hallador Energy Company will post -0.09 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on HNRG shares. Zacks Research cut Hallador Energy from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 12th. Wall Street Zen downgraded shares of Hallador Energy from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 15th. Alliance Global Partners raised shares of Hallador Energy to a “strong-buy” rating in a research note on Friday, August 14th. Weiss Ratings cut shares of Hallador Energy from a “hold (c-)” rating to a “sell (d-)” rating in a report on Tuesday, August 18th. Finally, Northland Securities set a $28.00 price objective on shares of Hallador Energy in a research note on Tuesday, August 11th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $25.12.

Insider Buying and Selling

In related news, Director Charles Ray Iv Wesley bought 15,000 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were bought at an average cost of $16.69 per share, with a total value of $250,350.00. Following the completion of the transaction, the director directly owned 338,469 shares of the company’s stock, valued at approximately $5,649,047.61. This trade represents a 4.64% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Daniel Timothy Hudson purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 9th. The stock was bought at an average price of $16.58 per share, with a total value of $82,900.00. Following the transaction, the director directly owned 20,000 shares in the company, valued at $331,600. This trade represents a 33.33% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 35,000 shares of company stock valued at $589,170 over the last 90 days. 17.43% of the stock is currently owned by insiders.

Hallador Energy Profile

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.