Warrior Met Coal, Inc. (NYSE:HCC) Shares Sold by Foundry Partners LLC

Foundry Partners LLC trimmed its holdings in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 1.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 92,839 shares of the company’s stock after selling 1,073 shares during the quarter. Foundry Partners LLC owned 0.18% of Warrior Met Coal worth $5,635,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Exchange Traded Concepts LLC raised its holdings in Warrior Met Coal by 1.4% in the fourth quarter. Exchange Traded Concepts LLC now owns 19,636 shares of the company’s stock valued at $1,197,000 after acquiring an additional 279 shares in the last quarter. Assenagon Asset Management S.A. bought a new position in shares of Warrior Met Coal during the fourth quarter valued at approximately $44,388,000. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of Warrior Met Coal during the 4th quarter worth approximately $38,000. AlphaMark Advisors LLC acquired a new position in Warrior Met Coal during the 4th quarter valued at approximately $297,000. Finally, New York State Teachers Retirement System grew its stake in Warrior Met Coal by 4.2% during the 4th quarter. New York State Teachers Retirement System now owns 27,638 shares of the company’s stock worth $1,685,000 after buying an additional 1,104 shares during the last quarter. Institutional investors and hedge funds own 92.28% of the company’s stock.

Analyst Upgrades and Downgrades

HCC has been the topic of a number of analyst reports. Benchmark reaffirmed a “hold” rating on shares of Warrior Met Coal in a report on Monday, July 1st. BMO Capital Markets boosted their price target on shares of Warrior Met Coal from $62.00 to $70.00 and gave the stock a “market perform” rating in a research report on Thursday, May 2nd. B. Riley upped their price target on shares of Warrior Met Coal from $87.00 to $91.00 and gave the stock a “buy” rating in a research note on Thursday, May 2nd. Finally, Citigroup upgraded shares of Warrior Met Coal from a “neutral” rating to a “buy” rating and raised their price objective for the company from $60.00 to $75.00 in a research note on Thursday, April 11th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $72.80.

Warrior Met Coal Price Performance

Shares of NYSE HCC traded down $1.37 during trading on Thursday, hitting $69.43. The company had a trading volume of 262,737 shares, compared to its average volume of 784,047. The company has a market cap of $3.63 billion, a P/E ratio of 8.52 and a beta of 1.05. The company has a debt-to-equity ratio of 0.10, a quick ratio of 5.85 and a current ratio of 6.86. The business’s 50-day moving average is $66.79 and its 200 day moving average is $63.47. Warrior Met Coal, Inc. has a 52 week low of $38.01 and a 52 week high of $75.53.

Warrior Met Coal (NYSE:HCC) last released its quarterly earnings results on Wednesday, May 1st. The company reported $2.63 earnings per share for the quarter, beating analysts’ consensus estimates of $2.02 by $0.61. The business had revenue of $503.50 million during the quarter, compared to analyst estimates of $474.99 million. Warrior Met Coal had a return on equity of 24.71% and a net margin of 25.94%. Warrior Met Coal’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter last year, the company posted $3.57 EPS. Equities research analysts predict that Warrior Met Coal, Inc. will post 7.11 earnings per share for the current fiscal year.

Warrior Met Coal Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, May 13th. Investors of record on Monday, May 6th were given a $0.08 dividend. The ex-dividend date of this dividend was Friday, May 3rd. This represents a $0.32 annualized dividend and a dividend yield of 0.46%. Warrior Met Coal’s dividend payout ratio (DPR) is presently 3.85%.

Insider Buying and Selling

In other news, insider Kelli K. Gant sold 10,000 shares of the stock in a transaction on Wednesday, July 3rd. The stock was sold at an average price of $75.06, for a total value of $750,600.00. Following the completion of the sale, the insider now owns 61,678 shares in the company, valued at $4,629,550.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Walter J. Scheller sold 23,148 shares of the firm’s stock in a transaction dated Wednesday, July 3rd. The stock was sold at an average price of $75.15, for a total transaction of $1,739,572.20. Following the completion of the sale, the chief executive officer now directly owns 340,485 shares of the company’s stock, valued at approximately $25,587,447.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kelli K. Gant sold 10,000 shares of the stock in a transaction that occurred on Wednesday, July 3rd. The stock was sold at an average price of $75.06, for a total value of $750,600.00. Following the completion of the transaction, the insider now owns 61,678 shares in the company, valued at approximately $4,629,550.68. The disclosure for this sale can be found here. Company insiders own 1.00% of the company’s stock.

Warrior Met Coal Company 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.