Warrior Met Coal $HCC Shares Sold by Extract Advisors LLC

Extract Advisors LLC lessened its holdings in Warrior Met Coal (NYSE:HCC) by 26.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 72,944 shares of the company’s stock after selling 26,034 shares during the period. Warrior Met Coal accounts for about 2.4% of Extract Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. Extract Advisors LLC’s holdings in Warrior Met Coal were worth $6,795,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in HCC. Quantinno Capital Management LP grew its holdings in Warrior Met Coal by 15.8% during the first quarter. Quantinno Capital Management LP now owns 8,155 shares of the company’s stock valued at $760,000 after purchasing an additional 1,111 shares during the last quarter. Entropy Technologies LP acquired a new position in shares of Warrior Met Coal during the 1st quarter worth about $693,000. Renaissance Technologies LLC increased its position in Warrior Met Coal by 22.6% in the 1st quarter. Renaissance Technologies LLC now owns 810,781 shares of the company’s stock worth $75,524,000 after buying an additional 149,600 shares during the period. Inceptionr LLC bought a new stake in shares of Warrior Met Coal in the first quarter valued at approximately $491,000. Finally, State of Wyoming bought a new position in Warrior Met Coal during the first quarter worth $221,000. Institutional investors own 92.28% of the company’s stock.

Insider Buying and Selling

In related news, insider Kelli K. Gant sold 20,000 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $110.00, for a total value of $2,200,000.00. Following the sale, the insider owned 67,775 shares of the company’s stock, valued at $7,455,250. The trade was a 22.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on HCC shares. Wall Street Zen lowered Warrior Met Coal from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Citigroup reissued a “buy” rating on shares of Warrior Met Coal in a report on Wednesday, June 10th. Zacks Research upgraded Warrior Met Coal from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, June 29th. Weiss Ratings lowered Warrior Met Coal from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 30th. Finally, B. Riley Financial raised their target price on Warrior Met Coal from $117.00 to $123.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $103.00.

Warrior Met Coal Stock Performance

NYSE HCC opened at $80.65 on Tuesday. The stock has a market cap of $4.26 billion, a P/E ratio of 30.78 and a beta of 0.65. The company’s 50-day simple moving average is $87.99 and its 200 day simple moving average is $89.01. Warrior Met Coal has a twelve month low of $49.07 and a twelve month high of $110.39. The company has a quick ratio of 2.42, a current ratio of 3.48 and a debt-to-equity ratio of 0.11.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings results on Thursday, April 30th. The company reported $1.37 EPS for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The business had revenue of $458.59 million for the quarter, compared to the consensus estimate of $467.57 million. Warrior Met Coal had a return on equity of 6.44% and a net margin of 9.36%.The firm’s revenue for the quarter was up 52.9% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.16) EPS. As a group, research analysts forecast that Warrior Met Coal will post 6.89 earnings per share for the current fiscal year.

Warrior Met Coal Company Profile

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.