Teachers Insurance & Annuity Association of America continued to hold its stake in shares of Arch Coal, Inc. Class A (NASDAQ:ARCH) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 176,388 shares of the energy company’s stock at the close of the 2nd quarter. Teachers Insurance & Annuity Association of America owned about 0.73% of Arch Coal, Inc. Class A worth $12,047,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in Arch Coal, Inc. Class A in the 2nd quarter worth approximately $104,000. Great West Life Assurance Co. Can purchased a new stake in Arch Coal, Inc. Class A in the 2nd quarter worth approximately $164,000. FNY Partners Fund LP lifted its position in Arch Coal, Inc. Class A by 150.0% in the 1st quarter. FNY Partners Fund LP now owns 2,500 shares of the energy company’s stock worth $172,000 after buying an additional 1,500 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in Arch Coal, Inc. Class A by 702.7% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 2,649 shares of the energy company’s stock worth $181,000 after buying an additional 2,319 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. purchased a new stake in Arch Coal, Inc. Class A in the 1st quarter worth approximately $219,000.

Shares of Arch Coal, Inc. Class A (ARCH) traded down 1.00% on Monday, hitting $74.55. 54,363 shares of the stock traded hands. The firm has a market capitalization of $1.81 billion and a PE ratio of 1.04. Arch Coal, Inc. Class A has a 52 week low of $59.05 and a 52 week high of $86.47. The firm’s 50 day moving average is $75.76 and its 200 day moving average is $74.29.

Arch Coal, Inc. Class A (NASDAQ:ARCH) last announced its quarterly earnings data on Thursday, July 27th. The energy company reported $1.85 EPS for the quarter, missing the Zacks’ consensus estimate of $1.92 by ($0.07). The firm had revenue of $549.87 million for the quarter, compared to analyst estimates of $596.76 million. The business’s revenue for the quarter was up 30.8% on a year-over-year basis. On average, analysts expect that Arch Coal, Inc. Class A will post $9.04 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Thursday, August 31st were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date was Tuesday, August 29th. This is a positive change from Arch Coal, Inc. Class A’s previous quarterly dividend of $0.03.

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ARCH has been the subject of a number of research analyst reports. Clarkson Capital reiterated a “buy” rating on shares of Arch Coal, Inc. Class A in a research report on Thursday, July 27th. Stifel Nicolaus reiterated a “buy” rating and issued a $92.00 target price on shares of Arch Coal, Inc. Class A in a research report on Friday, June 23rd. MKM Partners reiterated a “buy” rating and issued a $104.00 target price on shares of Arch Coal, Inc. Class A in a research report on Tuesday, September 12th. Jefferies Group LLC reiterated a “buy” rating and issued a $90.00 target price on shares of Arch Coal, Inc. Class A in a research report on Friday, July 7th. Finally, J P Morgan Chase & Co upgraded shares of Arch Coal, Inc. Class A from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $80.00 to $90.00 in a research report on Thursday, August 31st. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $92.38.

About Arch Coal, Inc. Class A

Arch Coal, Inc is a coal producer. The Company is engaged in the production of thermal and metallurgical coal from surface and underground mines located throughout the United States, for sale to utility, industrial and steel producers both in the United States and around the world. The Company operates mining complexes in West Virginia, Kentucky, Maryland, Virginia, Illinois, Wyoming and Colorado.

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Institutional Ownership by Quarter for Arch Coal, Inc. Class A (NASDAQ:ARCH)

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