Gilder Gagnon Howe & Co. LLC acquired a new stake in Warrior Met Coal Inc. (NYSE:HCC) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 248,442 shares of the company’s stock, valued at approximately $4,256,000.

Separately, Skylands Capital LLC acquired a new stake in shares of Warrior Met Coal during the second quarter valued at about $2,870,000. 0.79% of the stock is currently owned by institutional investors and hedge funds.

Warrior Met Coal Inc. (HCC) opened at 24.42 on Thursday. The firm has a market capitalization of $1.31 billion and a price-to-earnings ratio of 10.83. The firm has a 50-day moving average price of $19.86 and a 200 day moving average price of $18.53. Warrior Met Coal Inc. has a 12 month low of $15.10 and a 12 month high of $25.38.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $2.52 EPS for the quarter, beating analysts’ consensus estimates of $1.93 by $0.59. The firm had revenue of $363.37 million during the quarter, compared to the consensus estimate of $321.75 million. On average, equities analysts forecast that Warrior Met Coal Inc. will post $4.08 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 23rd. Stockholders of record on Monday, August 14th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.82%.

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Several brokerages recently issued reports on HCC. Zacks Investment Research downgraded Warrior Met Coal from a “buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Morgan Stanley began coverage on Warrior Met Coal in a research note on Monday, May 15th. They issued an “overweight” rating and a $27.00 price objective for the company. Royal Bank Of Canada reissued a “buy” rating and issued a $25.00 price objective on shares of Warrior Met Coal in a research note on Tuesday, June 13th. Credit Suisse Group began coverage on Warrior Met Coal in a research note on Monday, May 15th. They issued an “outperform” rating and a $26.00 price objective for the company. Finally, Citigroup Inc. began coverage on Warrior Met Coal in a research note on Monday, May 8th. They issued a “neutral” rating and a $20.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $22.80.

In other news, Director Alan H. Schumacher purchased 3,000 shares of the business’s stock in a transaction dated Wednesday, May 24th. The shares were bought at an average cost of $17.99 per share, for a total transaction of $53,970.00. Following the completion of the acquisition, the director now directly owns 3,000 shares in the company, valued at approximately $53,970. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.15% of the company’s stock.

Warrior Met Coal Company Profile

Warrior Met Coal, Inc, formerly Warrior Met Coal, LLC, is a producer and exporter of metallurgical coal for the steel industry from underground mines located in Brookwood, Alabama, southwest of Birmingham and near Tuscaloosa. These underground coalmines are 1,400 to 2,100 feet underground. Its operations serve markets in the United States, Europe, Asia and South America via barge and rail access to the Port of Mobile.

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Institutional Ownership by Quarter for Warrior Met Coal (NYSE:HCC)

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