Exchange Traded Concepts LLC Purchases 827 Shares of Warrior Met Coal, Inc. (NYSE:HCC)

Exchange Traded Concepts LLC raised its holdings in Warrior Met Coal, Inc. (NYSE:HCC) by 2.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,914 shares of the company’s stock after buying an additional 827 shares during the quarter. Exchange Traded Concepts LLC owned 0.07% of Warrior Met Coal worth $1,894,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Blue Trust Inc. increased its stake in Warrior Met Coal by 48.5% in the third quarter. Blue Trust Inc. now owns 551 shares of the company’s stock valued at $35,000 after acquiring an additional 180 shares during the period. FNY Investment Advisers LLC acquired a new stake in Warrior Met Coal during the fourth quarter valued at approximately $43,000. GAMMA Investing LLC grew its stake in shares of Warrior Met Coal by 56.7% in the 4th quarter. GAMMA Investing LLC now owns 989 shares of the company’s stock valued at $54,000 after purchasing an additional 358 shares during the period. KBC Group NV raised its holdings in shares of Warrior Met Coal by 29.7% in the 3rd quarter. KBC Group NV now owns 1,711 shares of the company’s stock worth $109,000 after buying an additional 392 shares in the last quarter. Finally, Crossmark Global Holdings Inc. bought a new position in shares of Warrior Met Coal during the 3rd quarter worth approximately $204,000. Institutional investors and hedge funds own 92.28% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on HCC shares. B. Riley upped their price target on Warrior Met Coal from $89.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Jefferies Financial Group dropped their target price on shares of Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company in a research report on Monday, January 6th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Warrior Met Coal currently has an average rating of “Moderate Buy” and a consensus price target of $75.00.

Warrior Met Coal Price Performance

Shares of HCC stock opened at $54.75 on Monday. The stock’s fifty day moving average is $59.91 and its 200-day moving average is $61.49. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.67 and a current ratio of 5.81. Warrior Met Coal, Inc. has a 52 week low of $49.97 and a 52 week high of $75.53. The stock has a market capitalization of $2.86 billion, a PE ratio of 7.56 and a beta of 1.09.

Warrior Met Coal (NYSE:HCC) last announced its earnings results on Wednesday, October 30th. The company reported $0.80 earnings per share for the quarter, topping 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 company had revenue of $327.72 million during the quarter, compared to the consensus estimate of $322.21 million. During the same period in the previous year, the firm posted $1.85 earnings per share. The company’s revenue was down 22.6% on a year-over-year basis. Equities research analysts expect that Warrior Met Coal, Inc. will post 5.62 EPS for the current fiscal year.

Warrior Met Coal Company 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.