Empowered Funds LLC Has $13.78 Million Stock Holdings in Warrior Met Coal, Inc. (NYSE:HCC)

Empowered Funds LLC grew its stake in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 4.3% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 215,667 shares of the company’s stock after acquiring an additional 8,802 shares during the quarter. Empowered Funds LLC’s holdings in Warrior Met Coal were worth $13,781,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of HCC. GAMMA Investing LLC lifted its position in Warrior Met Coal by 38.6% during the second quarter. GAMMA Investing LLC now owns 517 shares of the company’s stock worth $32,000 after purchasing an additional 144 shares during the period. Blue Trust Inc. lifted its holdings in shares of Warrior Met Coal by 48.5% during the 3rd quarter. Blue Trust Inc. now owns 551 shares of the company’s stock worth $35,000 after acquiring an additional 180 shares during the period. EntryPoint Capital LLC acquired a new stake in shares of Warrior Met Coal during the 1st quarter worth approximately $54,000. Ausbil Investment Management Ltd bought a new position in Warrior Met Coal in the second quarter valued at approximately $82,000. Finally, Allspring Global Investments Holdings LLC bought a new stake in Warrior Met Coal during the first quarter worth $104,000. 92.28% of the stock is owned by institutional investors and hedge funds.

Warrior Met Coal Trading Up 1.6 %

NYSE HCC opened at $67.54 on Friday. The company has a market cap of $3.53 billion, a price-to-earnings ratio of 9.18 and a beta of 1.02. Warrior Met Coal, Inc. has a twelve month low of $50.12 and a twelve month high of $75.53. The company has a quick ratio of 4.67, a current ratio of 5.81 and a debt-to-equity ratio of 0.09. The business’s fifty day moving average is $61.64 and its 200 day moving average is $63.82.

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

Warrior Met Coal Announces Dividend

The firm also recently announced 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. The ex-dividend date was Tuesday, November 5th. This represents a $0.32 annualized dividend and a yield of 0.47%. Warrior Met Coal’s dividend payout ratio is presently 4.42%.

Wall Street Analyst Weigh In

HCC has been the topic of several research analyst reports. Benchmark reaffirmed a “hold” rating on shares of Warrior Met Coal in a research note on Monday, August 5th. B. Riley raised 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 note on Thursday, October 31st. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target 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.