Arizona State Retirement System decreased its position in Warrior Met Coal, Inc. (NYSE:HCC) by 3.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 14,857 shares of the company’s stock after selling 581 shares during the period. Arizona State Retirement System’s holdings in Warrior Met Coal were worth $317,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Cubist Systematic Strategies LLC bought a new position in shares of Warrior Met Coal in the third quarter valued at approximately $54,000. Public Employees Retirement System of Ohio boosted its holdings in shares of Warrior Met Coal by 14.1% in the third quarter. Public Employees Retirement System of Ohio now owns 10,283 shares of the company’s stock valued at $176,000 after acquiring an additional 1,268 shares in the last quarter. Paloma Partners Management Co bought a new position in shares of Warrior Met Coal in the third quarter valued at approximately $202,000. Guggenheim Capital LLC acquired a new stake in Warrior Met Coal during the third quarter valued at approximately $208,000. Finally, Sciencast Management LP acquired a new stake in Warrior Met Coal during the third quarter valued at approximately $224,000. Hedge funds and other institutional investors own 98.18% of the company’s stock.

Shares of HCC opened at $23.68 on Tuesday. Warrior Met Coal, Inc. has a 12 month low of $9.46 and a 12 month high of $24.17. The company’s fifty day moving average is $22.64 and its 200-day moving average is $18.64. The company has a quick ratio of 2.49, a current ratio of 3.60 and a debt-to-equity ratio of 0.53. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of 64.00 and a beta of 1.25.

The company also recently announced a quarterly dividend, which will be paid on Monday, March 8th. Investors of record on Monday, March 1st will be paid a $0.05 dividend. The ex-dividend date is Friday, February 26th. This represents a $0.20 dividend on an annualized basis and a yield of 0.84%. Warrior Met Coal’s payout ratio is presently 3.62%.

Several research firms recently commented on HCC. Roth Capital began coverage on shares of Warrior Met Coal in a research note on Thursday, November 12th. They set a “buy” rating and a $20.00 target price for the company. B. Riley reiterated a “buy” rating and issued a $26.00 target price on shares of Warrior Met Coal in a research report on Tuesday, November 17th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell downgraded shares of Warrior Met Coal from a “buy” rating to a “neutral” rating in a research report on Monday, December 7th. Deutsche Bank Aktiengesellschaft downgraded shares of Warrior Met Coal from a “buy” rating to a “hold” rating and cut their target price for the stock from $26.00 to $21.00 in a research report on Wednesday, January 13th. Finally, Smith Barney Citigroup downgraded shares of Warrior Met Coal from a “buy” rating to a “neutral” rating in a research report on Monday, December 7th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $21.00.

Warrior Met Coal Company Profile

Warrior Met Coal, Inc produces and exports 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.

Read More: How interest rates affect municipal bond prices

Want to see what other hedge funds are holding HCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Warrior Met Coal, Inc. (NYSE:HCC).

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

Receive News & Ratings for Warrior Met Coal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Warrior Met Coal and related companies with MarketBeat.com's FREE daily email newsletter.