Cibc World Markets Corp Acquires Shares of 4,851 Warrior Met Coal, Inc. (NYSE:HCC)

Cibc World Markets Corp bought a new position in shares of Warrior Met Coal, Inc. (NYSE:HCC) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,851 shares of the company’s stock, valued at approximately $263,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in HCC. Graham Capital Wealth Management LLC raised its position in Warrior Met Coal by 0.6% during the fourth quarter. Graham Capital Wealth Management LLC now owns 47,818 shares of the company’s stock worth $2,594,000 after acquiring an additional 273 shares during the period. Sanctuary Advisors LLC lifted its stake in Warrior Met Coal by 2.6% in the 4th quarter. Sanctuary Advisors LLC now owns 10,800 shares of the company’s stock valued at $577,000 after buying an additional 276 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Warrior Met Coal by 5.6% in the 4th quarter. HighTower Advisors LLC now owns 5,878 shares of the company’s stock worth $319,000 after buying an additional 314 shares during the last quarter. GAMMA Investing LLC increased its stake in Warrior Met Coal by 56.7% during the 4th quarter. GAMMA Investing LLC now owns 989 shares of the company’s stock worth $54,000 after buying an additional 358 shares in the last quarter. Finally, KBC Group NV raised its holdings in shares of Warrior Met Coal by 25.0% during the fourth quarter. KBC Group NV now owns 2,139 shares of the company’s stock valued at $116,000 after acquiring an additional 428 shares during the last quarter. Hedge funds and other institutional investors own 92.28% of the company’s stock.

Warrior Met Coal Stock Up 1.5 %

NYSE:HCC opened at $48.90 on Wednesday. Warrior Met Coal, Inc. has a 52 week low of $44.62 and a 52 week high of $75.53. The stock’s fifty day moving average is $50.98 and its two-hundred day moving average is $57.72. The stock has a market capitalization of $2.57 billion, a price-to-earnings ratio of 10.21 and a beta of 1.10. The company has a quick ratio of 3.99, a current ratio of 5.20 and a debt-to-equity ratio of 0.09.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.34). Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. The business had revenue of $297.47 million during the quarter, compared to analysts’ expectations of $331.70 million. Research analysts anticipate that Warrior Met Coal, Inc. will post 4.86 EPS for the current year.

Warrior Met Coal Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 24th were paid a dividend of $0.08 per share. The ex-dividend date was Monday, February 24th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.65%. Warrior Met Coal’s payout ratio is 6.68%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on HCC shares. Benchmark reaffirmed a “hold” rating on shares of Warrior Met Coal in a research note on Friday, February 14th. B. Riley lowered their target price on Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. Finally, Jefferies Financial Group cut their price objective on shares of Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company in a research report on Monday, January 6th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Warrior Met Coal has an average rating of “Moderate Buy” and a consensus price target of $74.00.

Warrior Met Coal 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.