Royce & Associates LP Has $51,000 Holdings in Warrior Met Coal Inc (HCC)

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Royce & Associates LP trimmed its position in Warrior Met Coal Inc (NYSE:HCC) by 24.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,134 shares of the company’s stock after selling 688 shares during the period. Royce & Associates LP’s holdings in Warrior Met Coal were worth $51,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Victory Capital Management Inc. boosted its holdings in Warrior Met Coal by 4.1% in the 4th quarter. Victory Capital Management Inc. now owns 9,916 shares of the company’s stock valued at $239,000 after purchasing an additional 386 shares during the period. Legal & General Group Plc lifted its holdings in shares of Warrior Met Coal by 19.9% during the 3rd quarter. Legal & General Group Plc now owns 7,099 shares of the company’s stock worth $192,000 after acquiring an additional 1,176 shares during the last quarter. Prudential Financial Inc. lifted its holdings in shares of Warrior Met Coal by 3.2% during the 4th quarter. Prudential Financial Inc. now owns 52,891 shares of the company’s stock worth $1,275,000 after acquiring an additional 1,631 shares during the last quarter. Rehmann Capital Advisory Group bought a new stake in shares of Warrior Met Coal during the 3rd quarter worth $58,000. Finally, TIAA CREF Investment Management LLC lifted its holdings in shares of Warrior Met Coal by 5.5% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 68,999 shares of the company’s stock worth $1,866,000 after acquiring an additional 3,591 shares during the last quarter.

NYSE HCC opened at $28.60 on Friday. The company has a quick ratio of 3.31, a current ratio of 3.77 and a debt-to-equity ratio of 0.69. The firm has a market cap of $1.44 billion, a PE ratio of 3.30 and a beta of 0.57. Warrior Met Coal Inc has a 52-week low of $20.88 and a 52-week high of $31.71.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings results on Thursday, February 21st. The company reported $2.38 earnings per share for the quarter, topping the consensus estimate of $2.16 by $0.22. The business had revenue of $360.36 million during the quarter, compared to the consensus estimate of $334.92 million. Warrior Met Coal had a net margin of 50.56% and a return on equity of 92.83%. The firm’s revenue for the quarter was up 50.3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.83 earnings per share. On average, equities analysts expect that Warrior Met Coal Inc will post 5.77 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Monday, March 4th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.70%. The ex-dividend date of this dividend was Friday, March 1st. Warrior Met Coal’s dividend payout ratio is presently 2.31%.

A number of analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Warrior Met Coal from a “buy” rating to a “hold” rating in a report on Friday, March 1st. ValuEngine raised shares of Warrior Met Coal from a “strong sell” rating to a “sell” rating in a report on Thursday, February 28th. Jefferies Financial Group assumed coverage on shares of Warrior Met Coal in a report on Wednesday. They set a “buy” rating and a $35.00 price objective for the company. B. Riley set a $33.00 price objective on shares of Warrior Met Coal and gave the stock a “hold” rating in a report on Tuesday, February 26th. Finally, Citigroup lifted their price objective on shares of Warrior Met Coal from $32.00 to $33.00 and gave the stock a “buy” rating in a report on Monday, December 3rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $32.56.

In other Warrior Met Coal news, insider Kelli K. Gant sold 10,000 shares of the business’s stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $28.83, for a total value of $288,300.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Walter J. Scheller sold 34,283 shares of the business’s stock in a transaction on Thursday, February 21st. The stock was sold at an average price of $28.91, for a total transaction of $991,121.53. The disclosure for this sale can be found here. Insiders own 0.51% of the company’s stock.

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About Warrior Met Coal

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.

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

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