Engineers Gate Manager LP raised its stake in Peabody Energy Co. (NYSE:BTU) by 69.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 66,254 shares of the coal producer’s stock after buying an additional 27,071 shares during the period. Engineers Gate Manager LP’s holdings in Peabody Energy were worth $2,608,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of BTU. Ameritas Investment Partners Inc. bought a new position in shares of Peabody Energy in the second quarter valued at $105,000. SG Americas Securities LLC bought a new position in shares of Peabody Energy in the fourth quarter valued at $110,000. New York State Teachers Retirement System bought a new position in shares of Peabody Energy in the third quarter valued at $125,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of Peabody Energy in the fourth quarter valued at $179,000. Finally, Stratos Wealth Partners LTD. bought a new position in shares of Peabody Energy in the third quarter valued at $209,000. 94.20% of the stock is currently owned by institutional investors.

Shares of Peabody Energy Co. (NYSE BTU) opened at $40.05 on Monday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.75 and a quick ratio of 1.47. Peabody Energy Co. has a one year low of $22.58 and a one year high of $41.17.

Several analysts have issued reports on the stock. B. Riley reissued a “buy” rating on shares of Peabody Energy in a research note on Wednesday, November 1st. ValuEngine downgraded shares of Peabody Energy from a “buy” rating to a “hold” rating in a research note on Friday. FBR & Co set a $35.00 target price on shares of Peabody Energy and gave the company a “buy” rating in a research note on Wednesday, October 11th. Seaport Global Securities reissued a “buy” rating and set a $48.00 target price on shares of Peabody Energy in a research note on Monday, January 22nd. Finally, Stifel Nicolaus reissued a “hold” rating and set a $43.00 target price on shares of Peabody Energy in a research note on Tuesday, January 16th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $41.20.

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Peabody Energy Company Profile

Peabody Energy Corporation is a coal company. The Company’s segments include Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, Trading and Brokerage, and Corporate and Other. Its Powder River Basin Mining operations consist of its mines in Wyoming.

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Institutional Ownership by Quarter for Peabody Energy (NYSE:BTU)

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