American Century Companies Inc. Invests $294,000 in Hallador Energy Co (HNRG) Stock
American Century Companies Inc. acquired a new position in shares of Hallador Energy Co (NASDAQ:HNRG) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 41,143 shares of the energy company’s stock, valued at approximately $294,000. American Century Companies Inc. owned 0.14% of Hallador Energy at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Millennium Management LLC acquired a new stake in Hallador Energy during the 4th quarter worth approximately $105,000. Hartford Investment Management Co. acquired a new stake in shares of Hallador Energy in the 2nd quarter valued at approximately $200,000. Matarin Capital Management LLC acquired a new stake in shares of Hallador Energy in the 1st quarter valued at approximately $741,000. Algert Global LLC lifted its holdings in shares of Hallador Energy by 97.0% in the 2nd quarter. Algert Global LLC now owns 42,704 shares of the energy company’s stock valued at $305,000 after buying an additional 21,024 shares during the period. Finally, Trexquant Investment LP lifted its holdings in shares of Hallador Energy by 179.3% in the 1st quarter. Trexquant Investment LP now owns 40,126 shares of the energy company’s stock valued at $276,000 after buying an additional 25,757 shares during the period. 53.23% of the stock is owned by institutional investors.
HNRG opened at $5.89 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.95 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $176.23 million, a PE ratio of 11.11 and a beta of -0.22. Hallador Energy Co has a 12 month low of $4.79 and a 12 month high of $7.98.
The firm also recently declared a quarterly dividend, which was paid on Friday, August 17th. Stockholders of record on Tuesday, July 31st were issued a $0.04 dividend. The ex-dividend date was Monday, July 30th. This represents a $0.16 annualized dividend and a dividend yield of 2.72%. Hallador Energy’s dividend payout ratio is currently 30.19%.
Several analysts have recently commented on HNRG shares. Zacks Investment Research cut Hallador Energy from a “hold” rating to a “sell” rating in a report on Thursday, August 9th. ValuEngine cut Hallador Energy from a “hold” rating to a “sell” rating in a report on Friday, August 17th.
Hallador Energy Company Profile
Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company holds interests in the Oaktown 1 underground mine located in Knox County, Indiana; the Oaktown 2 mine located in Knox County, Indiana and Lawrence County, Illinois; Carlisle underground coal mine located near the town of Carlisle, Indiana; and Ace in the Hole mine located near Clay City, Indiana.
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