Blue Trust Inc. boosted its holdings in shares of Peabody Energy Co. (NYSE:BTU – Free Report) by 94.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,361 shares of the coal producer’s stock after buying an additional 2,605 shares during the period. Blue Trust Inc.’s holdings in Peabody Energy were worth $112,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the business. Pacer Advisors Inc. grew its position in Peabody Energy by 265,937.3% in the 3rd quarter. Pacer Advisors Inc. now owns 8,023,686 shares of the coal producer’s stock worth $212,949,000 after purchasing an additional 8,020,670 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Peabody Energy by 113.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,350,855 shares of the coal producer’s stock valued at $28,287,000 after acquiring an additional 718,274 shares in the last quarter. State Street Corp increased its position in shares of Peabody Energy by 7.6% during the third quarter. State Street Corp now owns 7,631,707 shares of the coal producer’s stock valued at $202,546,000 after acquiring an additional 540,219 shares during the last quarter. Yaupon Capital Management LP bought a new stake in Peabody Energy during the third quarter worth $8,484,000. Finally, Rockefeller Capital Management L.P. boosted its position in Peabody Energy by 547.9% in the third quarter. Rockefeller Capital Management L.P. now owns 273,529 shares of the coal producer’s stock worth $7,259,000 after purchasing an additional 231,309 shares during the last quarter. 87.44% of the stock is owned by institutional investors.
Peabody Energy Stock Down 5.7 %
Shares of NYSE BTU opened at $14.62 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.15 and a quick ratio of 1.68. The stock has a market capitalization of $1.78 billion, a PE ratio of 5.41 and a beta of 0.95. Peabody Energy Co. has a one year low of $14.61 and a one year high of $29.94. The business’s fifty day moving average price is $18.84 and its 200-day moving average price is $22.44.
Peabody Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 11th. Investors of record on Wednesday, February 19th will be issued a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 2.05%. The ex-dividend date is Wednesday, February 19th. Peabody Energy’s dividend payout ratio (DPR) is presently 11.11%.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on BTU shares. BMO Capital Markets raised Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 target price for the company in a research report on Monday, December 16th. Benchmark decreased their price objective on shares of Peabody Energy from $30.00 to $26.00 and set a “buy” rating for the company in a report on Friday, February 7th. Finally, Jefferies Financial Group dropped their target price on shares of Peabody Energy from $30.00 to $26.00 and set a “buy” rating on the stock in a research note on Monday, January 6th.
Get Our Latest Stock Report on BTU
Peabody Energy Profile
Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.
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