Sei Investments Co. Sells 742 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

Sei Investments Co. reduced its stake in Warrior Met Coal, Inc. (NYSE:HCC) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 33,814 shares of the company’s stock after selling 742 shares during the period. Sei Investments Co.’s holdings in Warrior Met Coal were worth $1,834,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FNY Investment Advisers LLC bought a new position in shares of Warrior Met Coal during the 4th quarter valued at approximately $43,000. GAMMA Investing LLC increased its holdings in shares of Warrior Met Coal by 56.7% in the 4th quarter. GAMMA Investing LLC now owns 989 shares of the company’s stock valued at $54,000 after acquiring an additional 358 shares during the period. Smartleaf Asset Management LLC lifted its position in shares of Warrior Met Coal by 304.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company’s stock valued at $75,000 after buying an additional 1,040 shares during the last quarter. Wolverine Asset Management LLC lifted its position in shares of Warrior Met Coal by 264.4% during the fourth quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company’s stock valued at $94,000 after buying an additional 2,800 shares during the last quarter. Finally, KBC Group NV grew its position in shares of Warrior Met Coal by 25.0% in the 4th quarter. KBC Group NV now owns 2,139 shares of the company’s stock worth $116,000 after buying an additional 428 shares during the last quarter. 92.28% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

HCC has been the subject of several recent analyst reports. Jefferies Financial Group lowered their price target on Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company in a report on Monday, January 6th. B. Riley dropped their price objective on shares of 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, Benchmark reiterated a “hold” rating on shares of Warrior Met Coal in a research note on Friday, February 14th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $74.00.

Warrior Met Coal Trading Down 7.8 %

Shares of NYSE:HCC opened at $40.51 on Friday. The company has a market capitalization of $2.13 billion, a PE ratio of 8.46 and a beta of 0.80. The company has a current ratio of 5.20, a quick ratio of 3.99 and a debt-to-equity ratio of 0.09. The business has a 50 day moving average of $49.60 and a two-hundred day moving average of $57.33. Warrior Met Coal, Inc. has a 12-month low of $39.06 and a 12-month high of $75.53.

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

Warrior Met Coal Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders 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 0.79%. Warrior Met Coal’s dividend payout ratio is currently 6.68%.

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.