Geode Capital Management LLC lowered its holdings in shares of Hallador Energy Company (NASDAQ:HNRG) by 25.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 114,505 shares of the energy company’s stock after selling 39,565 shares during the quarter. Geode Capital Management LLC owned approximately 0.39% of Hallador Energy worth $916,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of HNRG. Vanguard Group Inc. increased its holdings in shares of Hallador Energy by 19.9% in the first quarter. Vanguard Group Inc. now owns 900,005 shares of the energy company’s stock valued at $7,209,000 after purchasing an additional 149,153 shares during the last quarter. Segantii Capital Management Ltd increased its stake in Hallador Energy by 560.0% during the first quarter. Segantii Capital Management Ltd now owns 26,400 shares of the energy company’s stock worth $211,000 after acquiring an additional 22,400 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Hallador Energy by 10.7% during the first quarter. PNC Financial Services Group Inc. now owns 47,529 shares of the energy company’s stock worth $380,000 after acquiring an additional 4,579 shares during the last quarter. O Shaughnessy Asset Management LLC increased its stake in Hallador Energy by 96.9% during the first quarter. O Shaughnessy Asset Management LLC now owns 145,040 shares of the energy company’s stock worth $1,162,000 after acquiring an additional 71,372 shares during the last quarter. Finally, Oxford Asset Management acquired a new stake in Hallador Energy during the first quarter worth $397,000. Institutional investors own 57.88% of the company’s stock.
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Shares of Hallador Energy Company (NASDAQ HNRG) traded down 2.40% during mid-day trading on Friday, reaching $5.70. The company’s stock had a trading volume of 58,756 shares. The firm has a 50-day moving average of $6.06 and a 200-day moving average of $7.29. The firm has a market capitalization of $169.65 million, a PE ratio of 20.88 and a beta of -0.60. Hallador Energy Company has a 52 week low of $5.28 and a 52 week high of $10.40.
Hallador Energy (NASDAQ:HNRG) last posted its quarterly earnings data on Tuesday, August 8th. The energy company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.13). Hallador Energy had a return on equity of 11.19% and a net margin of 3.13%. The company had revenue of $64.31 million for the quarter, compared to the consensus estimate of $64.20 million. Equities research analysts forecast that Hallador Energy Company will post $0.48 earnings per share for the current fiscal year.
A number of brokerages have recently weighed in on HNRG. Zacks Investment Research cut Hallador Energy from a “buy” rating to a “sell” rating in a research note on Wednesday, July 12th. ValuEngine lowered Hallador Energy from a “strong-buy” rating to a “buy” rating in a report on Monday, August 14th.
About Hallador Energy
Hallador Energy Company is an oil and gas exploration company focused on developing coal reserves in the Illinois Basin. The Company, through its subsidiary, Sunrise Coal, LLC, is engaged in coal mining in the state of Indiana serving the electric power generation industry. Its projects include Carlisle Mine, Ace in the Hole Mine, Oaktown 1 Mine, Oaktown 2 Mine and Bulldog Mine.
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