Stock Traders Buy High Volume of Call Options on Hallador Energy (NASDAQ:HNRG)

Hallador Energy (NASDAQ:HNRG) saw some unusual options trading on Monday. Stock investors acquired 10,181 call options on the company. This is an increase of approximately 365% compared to the typical daily volume of 2,190 call options.

Institutional Trading of Hallador Energy

Large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its position in Hallador Energy by 10.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,883,814 shares of the energy company’s stock valued at $21,569,000 after buying an additional 173,749 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Hallador Energy by 13.9% during the fourth quarter. Vanguard Group Inc. now owns 1,627,909 shares of the energy company’s stock worth $18,640,000 after purchasing an additional 198,790 shares during the last quarter. Empyrean Capital Partners LP boosted its holdings in Hallador Energy by 71.0% in the fourth quarter. Empyrean Capital Partners LP now owns 1,325,000 shares of the energy company’s stock valued at $15,171,000 after purchasing an additional 550,000 shares during the last quarter. Point72 Asset Management L.P. grew its position in Hallador Energy by 4,460.2% during the 4th quarter. Point72 Asset Management L.P. now owns 1,097,500 shares of the energy company’s stock worth $12,566,000 after purchasing an additional 1,073,433 shares during the period. Finally, Apis Capital Advisors LLC raised its stake in shares of Hallador Energy by 106.9% during the 4th quarter. Apis Capital Advisors LLC now owns 898,000 shares of the energy company’s stock valued at $10,282,000 after buying an additional 464,000 shares during the last quarter. Hedge funds and other institutional investors own 61.38% of the company’s stock.

Hallador Energy Stock Performance

Shares of Hallador Energy stock opened at $13.79 on Tuesday. The company has a 50 day moving average price of $11.19 and a 200 day moving average price of $11.28. The firm has a market capitalization of $587.72 million, a P/E ratio of -25.07 and a beta of 0.18. The company has a quick ratio of 0.17, a current ratio of 0.58 and a debt-to-equity ratio of 0.16. Hallador Energy has a 52 week low of $4.33 and a 52 week high of $14.00.

Hallador Energy (NASDAQ:HNRG) last posted its quarterly earnings results on Monday, March 17th. The energy company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.01. The business had revenue of $94.80 million during the quarter, compared to analysts’ expectations of $102.46 million. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. Sell-side analysts expect that Hallador Energy will post -0.31 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently weighed in on HNRG. B. Riley raised their price target on shares of Hallador Energy from $13.00 to $15.00 and gave the company a “buy” rating in a report on Tuesday, April 1st. StockNews.com raised Hallador Energy from a “sell” rating to a “hold” rating in a research report on Monday, April 7th.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.