Yale University Buys New Stake in Hallador Energy Co (HNRG)

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Yale University bought a new stake in shares of Hallador Energy Co (NASDAQ:HNRG) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 95,651 shares of the energy company’s stock, valued at approximately $503,000. Hallador Energy accounts for approximately 0.6% of Yale University’s portfolio, making the stock its 9th largest holding.

Several other institutional investors also recently added to or reduced their stakes in the stock. SG Americas Securities LLC lifted its position in shares of Hallador Energy by 20.3% during the 1st quarter. SG Americas Securities LLC now owns 16,845 shares of the energy company’s stock valued at $89,000 after acquiring an additional 2,837 shares during the period. Brandywine Global Investment Management LLC lifted its position in shares of Hallador Energy by 27.5% during the 4th quarter. Brandywine Global Investment Management LLC now owns 16,158 shares of the energy company’s stock valued at $82,000 after acquiring an additional 3,490 shares during the period. Mackay Shields LLC lifted its position in shares of Hallador Energy by 15.5% during the 4th quarter. Mackay Shields LLC now owns 31,749 shares of the energy company’s stock valued at $161,000 after acquiring an additional 4,249 shares during the period. Rhumbline Advisers raised its holdings in Hallador Energy by 39.5% during the fourth quarter. Rhumbline Advisers now owns 22,180 shares of the energy company’s stock worth $112,000 after buying an additional 6,280 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in Hallador Energy by 5.0% during the fourth quarter. Geode Capital Management LLC now owns 193,447 shares of the energy company’s stock worth $980,000 after buying an additional 9,229 shares during the last quarter. Institutional investors own 48.66% of the company’s stock.

HNRG traded up $0.09 during trading on Friday, hitting $5.66. 1,830 shares of the company’s stock were exchanged, compared to its average volume of 96,988. The company has a current ratio of 1.34, a quick ratio of 0.75 and a debt-to-equity ratio of 0.51. Hallador Energy Co has a fifty-two week low of $4.75 and a fifty-two week high of $7.98. The company has a market cap of $163.02 million, a price-to-earnings ratio of 22.28 and a beta of -0.05.

Hallador Energy (NASDAQ:HNRG) last released its quarterly earnings data on Monday, May 6th. The energy company reported $0.23 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.17. Hallador Energy had a net margin of 3.95% and a return on equity of 4.89%. The firm had revenue of $89.31 million for the quarter, compared to the consensus estimate of $87.80 million. As a group, equities analysts forecast that Hallador Energy Co will post 0.65 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 17th. Shareholders of record on Tuesday, April 30th will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $0.16 annualized dividend and a yield of 2.83%. Hallador Energy’s payout ratio is 64.00%.

Separately, ValuEngine upgraded shares of Hallador Energy from a “sell” rating to a “hold” rating in a report on Friday, March 15th.

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About Hallador Energy

Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company holds interests in the Oaktown 1 mine underground mine located in Knox County, Indiana; the Oaktown 2 mine located in Knox County, Indiana and Lawrence County, Illinois; Carlisle underground coal mine located near the town of Carlisle, Indiana; and Ace in the Hole mine located near Clay City, Indiana.

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Institutional Ownership by Quarter for Hallador Energy (NASDAQ:HNRG)

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