O Shaughnessy Asset Management LLC lowered its position in shares of Warrior Met Coal Inc (NYSE:HCC) by 26.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,292 shares of the company’s stock after selling 7,275 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Warrior Met Coal were worth $546,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of HCC. Sun Life Financial INC bought a new stake in shares of Warrior Met Coal in the second quarter worth $211,000. Quantitative Systematic Strategies LLC bought a new stake in shares of Warrior Met Coal in the second quarter worth $217,000. Bowling Portfolio Management LLC bought a new stake in shares of Warrior Met Coal in the second quarter worth $221,000. NumerixS Investment Technologies Inc bought a new stake in shares of Warrior Met Coal in the second quarter worth $225,000. Finally, United Services Automobile Association bought a new stake in shares of Warrior Met Coal in the second quarter worth $256,000.

In other news, CEO Walter J. Scheller sold 34,250 shares of the business’s stock in a transaction on Wednesday, October 31st. The shares were sold at an average price of $27.32, for a total transaction of $935,710.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kelli K. Gant sold 10,000 shares of the business’s stock in a transaction on Wednesday, October 31st. The shares were sold at an average price of $27.29, for a total transaction of $272,900.00. The disclosure for this sale can be found here. 0.51% of the stock is owned by insiders.

A number of brokerages recently issued reports on HCC. Zacks Investment Research upgraded shares of Warrior Met Coal from a “hold” rating to a “strong-buy” rating and set a $29.00 price target for the company in a research note on Friday, November 9th. MKM Partners upgraded shares of Warrior Met Coal from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $31.00 to $37.00 in a research note on Thursday, November 8th. ValuEngine lowered shares of Warrior Met Coal from a “sell” rating to a “strong sell” rating in a research note on Thursday, November 1st. Morgan Stanley boosted their target price on shares of Warrior Met Coal from $27.00 to $29.00 and gave the company a “hold” rating in a research note on Tuesday, October 2nd. Finally, B. Riley boosted their target price on shares of Warrior Met Coal from $25.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, September 19th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Warrior Met Coal presently has a consensus rating of “Buy” and an average target price of $31.75.

HCC stock opened at $25.65 on Friday. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.73 and a quick ratio of 2.23. Warrior Met Coal Inc has a 1-year low of $18.56 and a 1-year high of $33.72. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 3.25 and a beta of 0.48.

Warrior Met Coal (NYSE:HCC) last released its earnings results on Wednesday, October 31st. The company reported $1.06 earnings per share for the quarter, missing the consensus estimate of $1.25 by ($0.19). Warrior Met Coal had a net margin of 33.38% and a return on equity of 94.17%. The business had revenue of $273.30 million for the quarter, compared to the consensus estimate of $278.46 million. During the same quarter in the previous year, the firm earned $2.27 EPS. The firm’s revenue for the quarter was down 12.4% on a year-over-year basis. Equities research analysts predict that Warrior Met Coal Inc will post 8.09 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 9th. Shareholders of record on Friday, November 2nd were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, November 1st. This represents a $0.20 annualized dividend and a yield of 0.78%. Warrior Met Coal’s payout ratio is 2.53%.

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About Warrior Met Coal

Warrior Met Coal, Inc produces and exports 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.

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Institutional Ownership by Quarter for Warrior Met Coal (NYSE:HCC)

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