Amalgamated Bank Lowers Position in Warrior Met Coal, Inc. (NYSE:HCC)

Amalgamated Bank trimmed its holdings in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 3.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,379 shares of the company’s stock after selling 582 shares during the period. Amalgamated Bank’s holdings in Warrior Met Coal were worth $983,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. GAMMA Investing LLC boosted its stake in shares of Warrior Met Coal by 38.6% during the second quarter. GAMMA Investing LLC now owns 517 shares of the company’s stock valued at $32,000 after purchasing an additional 144 shares in the last quarter. Blue Trust Inc. lifted its holdings in Warrior Met Coal by 48.5% during the third quarter. Blue Trust Inc. now owns 551 shares of the company’s stock worth $35,000 after buying an additional 180 shares during the period. SummerHaven Investment Management LLC boosted its position in Warrior Met Coal by 1.2% during the 2nd quarter. SummerHaven Investment Management LLC now owns 19,319 shares of the company’s stock valued at $1,213,000 after acquiring an additional 231 shares in the last quarter. Evergreen Capital Management LLC increased its holdings in shares of Warrior Met Coal by 6.3% in the 2nd quarter. Evergreen Capital Management LLC now owns 3,903 shares of the company’s stock valued at $245,000 after acquiring an additional 231 shares during the period. Finally, Sei Investments Co. increased its holdings in shares of Warrior Met Coal by 1.2% in the 1st quarter. Sei Investments Co. now owns 23,202 shares of the company’s stock valued at $1,408,000 after acquiring an additional 277 shares during the period. Institutional investors own 92.28% of the company’s stock.

Analyst Ratings Changes

HCC has been the topic of a number of recent research reports. Benchmark reaffirmed a “hold” rating on shares of Warrior Met Coal in a research report on Monday, August 5th. B. Riley increased their price target on shares of Warrior Met Coal from $89.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Warrior Met Coal has a consensus rating of “Hold” and an average price target of $75.75.

Warrior Met Coal Trading Up 1.4 %

Shares of NYSE:HCC opened at $66.49 on Friday. The company has a current ratio of 5.81, a quick ratio of 4.67 and a debt-to-equity ratio of 0.09. Warrior Met Coal, Inc. has a 12-month low of $49.23 and a 12-month high of $75.53. The business has a 50 day moving average of $61.64 and a two-hundred day moving average of $63.82. The company has a market capitalization of $3.48 billion, a PE ratio of 9.18 and a beta of 1.02.

Warrior Met Coal (NYSE:HCC) last posted its earnings results on Wednesday, October 30th. The company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.40. Warrior Met Coal had a return on equity of 19.00% and a net margin of 23.77%. The firm had revenue of $327.72 million for the quarter, compared to analysts’ expectations of $322.21 million. During the same period last year, the firm earned $1.85 EPS. The company’s quarterly revenue was down 22.6% on a year-over-year basis. As a group, analysts forecast that Warrior Met Coal, Inc. will post 5.62 EPS for the current year.

Warrior Met Coal Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Tuesday, November 5th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.48%. The ex-dividend date of this dividend was Tuesday, November 5th. Warrior Met Coal’s payout ratio is 4.42%.

About Warrior Met Coal

Warrior Met Coal, Inc produces and exports non-thermal 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.