Guggenheim Capital LLC Sells 1,491 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

Guggenheim Capital LLC lessened its position in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 24.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,489 shares of the company’s stock after selling 1,491 shares during the quarter. Guggenheim Capital LLC’s holdings in Warrior Met Coal were worth $243,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. FNY Investment Advisers LLC purchased a new position in Warrior Met Coal during the 4th quarter valued at approximately $43,000. GAMMA Investing LLC grew its holdings in Warrior Met Coal by 56.7% during the 4th quarter. GAMMA Investing LLC now owns 989 shares of the company’s stock valued at $54,000 after buying an additional 358 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in Warrior Met Coal by 31.0% during the 4th quarter. Quadrant Capital Group LLC now owns 1,179 shares of the company’s stock valued at $64,000 after buying an additional 279 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in Warrior Met Coal by 304.1% during the 4th 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 in the last quarter. Finally, Sterling Capital Management LLC grew its holdings in Warrior Met Coal by 818.0% during the 4th quarter. Sterling Capital Management LLC now owns 1,634 shares of the company’s stock valued at $89,000 after buying an additional 1,456 shares in the last quarter. Hedge funds and other institutional investors own 92.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HCC. B. Riley dropped their target price on Warrior Met Coal from $86.00 to $76.00 and set a “buy” rating for the company in a report on Friday, April 11th. Jefferies Financial Group dropped 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 note on Monday, January 6th. Finally, Benchmark reaffirmed a “hold” rating on shares of Warrior Met Coal in a research note on Friday, February 14th.

Warrior Met Coal Stock Down 0.4 %

NYSE HCC opened at $48.92 on Tuesday. The company has a quick ratio of 3.99, a current ratio of 5.20 and a debt-to-equity ratio of 0.09. The company has a fifty day moving average of $47.62 and a two-hundred day moving average of $55.58. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of 10.21 and a beta of 0.80. Warrior Met Coal, Inc. has a 52 week low of $38.00 and a 52 week high of $75.53.

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

Warrior Met Coal Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 12th. Stockholders of record on Monday, May 5th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date of this dividend is Monday, May 5th. Warrior Met Coal’s dividend payout ratio is currently 6.68%.

About Warrior Met Coal

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.