iSAM Funds UK Ltd Invests $380,000 in Peabody Energy Co. (NYSE:BTU)

iSAM Funds UK Ltd acquired a new position in Peabody Energy Co. (NYSE:BTU) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,323 shares of the coal producer’s stock, valued at approximately $380,000.

Other institutional investors also recently bought and sold shares of the company. FMR LLC increased its position in Peabody Energy by 9.7% in the third quarter. FMR LLC now owns 6,897 shares of the coal producer’s stock worth $183,000 after buying an additional 611 shares in the last quarter. Mackenzie Financial Corp grew its stake in shares of Peabody Energy by 7.6% during the 2nd quarter. Mackenzie Financial Corp now owns 10,023 shares of the coal producer’s stock valued at $222,000 after acquiring an additional 709 shares during the period. Larson Financial Group LLC increased its holdings in Peabody Energy by 43.0% in the 3rd quarter. Larson Financial Group LLC now owns 3,350 shares of the coal producer’s stock worth $89,000 after acquiring an additional 1,008 shares in the last quarter. Blue Trust Inc. raised its stake in Peabody Energy by 11,390.0% during the 2nd quarter. Blue Trust Inc. now owns 1,149 shares of the coal producer’s stock worth $28,000 after acquiring an additional 1,139 shares during the period. Finally, Nisa Investment Advisors LLC lifted its holdings in Peabody Energy by 69.7% during the third quarter. Nisa Investment Advisors LLC now owns 2,802 shares of the coal producer’s stock valued at $74,000 after purchasing an additional 1,151 shares in the last quarter. 87.44% of the stock is owned by institutional investors.

Peabody Energy Trading Down 2.9 %

Peabody Energy stock opened at $22.38 on Friday. The stock has a market cap of $2.72 billion, a P/E ratio of 5.92 and a beta of 0.95. The firm’s 50 day moving average price is $25.84 and its 200-day moving average price is $23.90. Peabody Energy Co. has a 1 year low of $20.21 and a 1 year high of $29.94. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.32 and a quick ratio of 1.75.

Peabody Energy (NYSE:BTU) last released its quarterly earnings data on Thursday, October 31st. The coal producer reported $0.74 EPS for the quarter, beating the consensus estimate of $0.58 by $0.16. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.07 billion. Peabody Energy had a net margin of 12.24% and a return on equity of 14.74%. The business’s revenue was up .8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.80 EPS. On average, equities analysts predict that Peabody Energy Co. will post 3.15 earnings per share for the current fiscal year.

Peabody Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Thursday, November 14th were issued a dividend of $0.075 per share. The ex-dividend date was Thursday, November 14th. This represents a $0.30 annualized dividend and a dividend yield of 1.34%. Peabody Energy’s dividend payout ratio (DPR) is 7.94%.

Insider Transactions at Peabody Energy

In other news, CFO Mark Spurbeck sold 10,000 shares of the business’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $29.52, for a total value of $295,200.00. Following the sale, the chief financial officer now directly owns 65,710 shares in the company, valued at $1,939,759.20. The trade was a 13.21 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on BTU shares. BMO Capital Markets increased their price objective on shares of Peabody Energy from $25.00 to $26.00 and gave the stock a “market perform” rating in a research note on Thursday, October 10th. B. Riley increased their price target on Peabody Energy from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Tuesday, September 17th. Finally, Benchmark boosted their price objective on Peabody Energy from $28.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, November 1st.

Peabody Energy Company Profile

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.