Price T Rowe Associates Inc. MD Has $1.95 Million Stock Position in Peabody Energy Co. (NYSE:BTU)

Price T Rowe Associates Inc. MD boosted its holdings in Peabody Energy Co. (NYSE:BTU) by 14.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 93,020 shares of the coal producer’s stock after buying an additional 12,035 shares during the quarter. Price T Rowe Associates Inc. MD’s holdings in Peabody Energy were worth $1,948,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC grew its position in Peabody Energy by 167.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,189 shares of the coal producer’s stock worth $25,000 after acquiring an additional 744 shares during the last quarter. Byrne Asset Management LLC boosted its stake in shares of Peabody Energy by 63.3% during the fourth quarter. Byrne Asset Management LLC now owns 1,755 shares of the coal producer’s stock valued at $37,000 after purchasing an additional 680 shares in the last quarter. Altshuler Shaham Ltd grew its holdings in shares of Peabody Energy by 45.0% during the fourth quarter. Altshuler Shaham Ltd now owns 2,900 shares of the coal producer’s stock worth $61,000 after purchasing an additional 900 shares during the last quarter. Natixis bought a new position in Peabody Energy in the 4th quarter valued at approximately $67,000. Finally, Steward Partners Investment Advisory LLC lifted its holdings in Peabody Energy by 144.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,951 shares of the coal producer’s stock worth $83,000 after buying an additional 2,333 shares during the period. Institutional investors own 87.44% of the company’s stock.

Peabody Energy Trading Down 3.0 %

NYSE BTU opened at $14.37 on Thursday. The company has a current ratio of 2.15, a quick ratio of 1.68 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $1.75 billion, a P/E ratio of 5.32 and a beta of 0.49. The business has a fifty day simple moving average of $12.89 and a 200 day simple moving average of $18.36. Peabody Energy Co. has a 12 month low of $9.61 and a 12 month high of $29.94.

Peabody Energy (NYSE:BTU) last released its quarterly earnings results on Tuesday, May 6th. The coal producer reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.20. The company had revenue of $937.00 million for the quarter, compared to analyst estimates of $976.57 million. Peabody Energy had a net margin of 8.75% and a return on equity of 10.33%. The firm’s revenue was down 4.7% on a year-over-year basis. During the same period last year, the firm earned $0.30 earnings per share. On average, analysts predict that Peabody Energy Co. will post 2.61 EPS for the current fiscal year.

Peabody Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Thursday, May 15th will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date is Thursday, May 15th. Peabody Energy’s payout ratio is 11.11%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on BTU. B. Riley lowered their target price on shares of Peabody Energy from $27.00 to $19.00 and set a “buy” rating for the company in a research note on Friday, April 11th. Benchmark decreased their target price on shares of Peabody Energy from $26.00 to $23.00 and set a “buy” rating for the company in a research report on Wednesday.

About Peabody Energy

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.