5,906 Shares in Warrior Met Coal $HCC Acquired by Two Sigma Securities LLC

Two Sigma Securities LLC purchased a new position in Warrior Met Coal (NYSE:HCC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,906 shares of the company’s stock, valued at approximately $479,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Maryland State Retirement & Pension System raised its holdings in Warrior Met Coal by 1.6% during the 4th quarter. Maryland State Retirement & Pension System now owns 7,678 shares of the company’s stock valued at $677,000 after buying an additional 121 shares during the last quarter. Oregon Public Employees Retirement Fund grew its holdings in Warrior Met Coal by 1.3% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 12,027 shares of the company’s stock worth $1,060,000 after acquiring an additional 149 shares during the last quarter. Kestra Advisory Services LLC increased its position in shares of Warrior Met Coal by 1.5% in the first quarter. Kestra Advisory Services LLC now owns 11,440 shares of the company’s stock valued at $1,066,000 after acquiring an additional 172 shares during the period. BTC Capital Management Inc. increased its position in shares of Warrior Met Coal by 3.0% in the first quarter. BTC Capital Management Inc. now owns 7,824 shares of the company’s stock valued at $729,000 after acquiring an additional 225 shares during the period. Finally, Gotham Asset Management LLC raised its stake in shares of Warrior Met Coal by 1.7% during the fourth quarter. Gotham Asset Management LLC now owns 13,213 shares of the company’s stock valued at $1,165,000 after acquiring an additional 227 shares during the last quarter. Hedge funds and other institutional investors own 92.28% of the company’s stock.

Insider Buying and Selling at Warrior Met Coal

In other news, CEO Walter J. Scheller sold 50,000 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $105.00, for a total transaction of $5,250,000.00. Following the completion of the transaction, the chief executive officer directly owned 317,793 shares in the company, valued at $33,368,265. This trade represents a 13.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Stephen D. Williams sold 4,800 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $104.23, for a total transaction of $500,304.00. Following the completion of the transaction, the director owned 30,303 shares in the company, valued at approximately $3,158,481.69. The trade was a 13.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 104,800 shares of company stock valued at $11,250,304 over the last 90 days. Corporate insiders own 2.10% of the company’s stock.

Warrior Met Coal Price Performance

Shares of NYSE HCC opened at $108.74 on Thursday. Warrior Met Coal has a fifty-two week low of $54.66 and a fifty-two week high of $111.42. The company has a 50 day simple moving average of $88.99 and a two-hundred day simple moving average of $89.38. The company has a market capitalization of $5.74 billion, a price-to-earnings ratio of 26.14 and a beta of 0.67. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.79 and a current ratio of 3.93.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.40 by $0.25. Warrior Met Coal had a return on equity of 10.02% and a net margin of 13.05%.The firm had revenue of $509.69 million for the quarter, compared to analysts’ expectations of $488.46 million. During the same period in the previous year, the firm posted $0.11 EPS. The business’s revenue for the quarter was up 71.3% compared to the same quarter last year. Analysts expect that Warrior Met Coal will post 5.74 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 10th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, August 10th. Warrior Met Coal’s dividend payout ratio is currently 7.69%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on HCC shares. B. Riley Financial increased their price objective on Warrior Met Coal from $117.00 to $123.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. Citigroup restated a “buy” rating on shares of Warrior Met Coal in a report on Wednesday, June 10th. Wall Street Zen raised Warrior Met Coal from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Zacks Research cut shares of Warrior Met Coal from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. Finally, UBS Group reduced their price objective on shares of Warrior Met Coal from $100.00 to $98.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $102.60.

About Warrior Met Coal

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.