Epacria Capital Partners LLC Grows Position in Warrior Met Coal, Inc. (NYSE:HCC)

Epacria Capital Partners LLC boosted its position in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 213.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 19,432 shares of the company’s stock after acquiring an additional 13,233 shares during the quarter. Warrior Met Coal makes up about 0.8% of Epacria Capital Partners LLC’s portfolio, making the stock its 26th biggest position. Epacria Capital Partners LLC’s holdings in Warrior Met Coal were worth $1,242,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its stake in Warrior Met Coal by 38.6% in the 2nd quarter. GAMMA Investing LLC now owns 517 shares of the company’s stock worth $32,000 after acquiring an additional 144 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Warrior Met Coal by 48.5% in the 3rd 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. Ausbil Investment Management Ltd bought a new position in shares of Warrior Met Coal during the 2nd quarter worth $82,000. KBC Group NV increased its stake in shares of Warrior Met Coal by 29.7% during the third quarter. KBC Group NV now owns 1,711 shares of the company’s stock valued at $109,000 after buying an additional 392 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its holdings in shares of Warrior Met Coal by 34.9% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,313 shares of the company’s stock valued at $145,000 after acquiring an additional 599 shares in the last quarter. 92.28% of the stock is owned by hedge funds and other institutional investors.

Warrior Met Coal Price Performance

Shares of HCC stock opened at $70.30 on Friday. The stock’s 50-day moving average is $64.57 and its 200 day moving average is $63.98. Warrior Met Coal, Inc. has a 1-year low of $50.60 and a 1-year high of $75.53. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.81 and a quick ratio of 4.67. The company has a market cap of $3.68 billion, a P/E ratio of 9.71 and a beta of 1.02.

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

Warrior Met Coal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Tuesday, November 5th were given a $0.08 dividend. The ex-dividend date was Tuesday, November 5th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.46%. Warrior Met Coal’s payout ratio is 4.42%.

Wall Street Analysts Forecast Growth

HCC has been the topic of several recent research reports. Benchmark reiterated a “hold” rating on shares of Warrior Met Coal in a report on Monday, August 5th. B. Riley increased their price objective on shares of Warrior Met Coal from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Three equities 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, the company presently has a consensus rating of “Hold” and a consensus target price of $75.75.

Warrior Met Coal Profile

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.