Hartree Partners LP purchased a new stake in Arch Coal Inc (NYSE:ARCH) in the first quarter, HoldingsChannel reports. The firm purchased 45,000 shares of the energy company’s stock, valued at approximately $4,107,000. Arch Coal accounts for about 4.1% of Hartree Partners LP’s investment portfolio, making the stock its 9th largest holding.

A number of other institutional investors and hedge funds have also modified their holdings of ARCH. BlackRock Inc. lifted its holdings in Arch Coal by 0.5% during the 4th quarter. BlackRock Inc. now owns 1,249,939 shares of the energy company’s stock worth $103,731,000 after buying an additional 6,141 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Arch Coal by 1.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,001,146 shares of the energy company’s stock worth $83,085,000 after buying an additional 17,728 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Arch Coal by 2.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 444,090 shares of the energy company’s stock worth $39,702,000 after buying an additional 8,646 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in Arch Coal by 24.6% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 358,650 shares of the energy company’s stock worth $32,737,000 after buying an additional 70,913 shares during the last quarter. Finally, Skylands Capital LLC lifted its holdings in Arch Coal by 2.8% during the 4th quarter. Skylands Capital LLC now owns 307,400 shares of the energy company’s stock worth $25,511,000 after buying an additional 8,325 shares during the last quarter.

ARCH has been the topic of a number of research analyst reports. TheStreet raised Arch Coal from a “c” rating to a “b” rating in a report on Monday, January 28th. B. Riley increased their target price on Arch Coal to $125.00 and gave the stock a “buy” rating in a report on Friday, February 15th. Zacks Investment Research raised Arch Coal from a “hold” rating to a “buy” rating and set a $96.00 target price on the stock in a report on Wednesday, January 23rd. ValuEngine raised Arch Coal from a “sell” rating to a “hold” rating in a report on Wednesday, April 24th. Finally, BMO Capital Markets increased their target price on Arch Coal to $115.00 and gave the stock a “market perform” rating in a report on Wednesday, April 24th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $107.83.

Shares of NYSE ARCH traded down $0.26 during mid-day trading on Wednesday, hitting $92.20. The company had a trading volume of 426 shares, compared to its average volume of 264,058. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 6.06 and a beta of 0.05. Arch Coal Inc has a 12 month low of $75.09 and a 12 month high of $101.92. The company has a current ratio of 2.80, a quick ratio of 2.31 and a debt-to-equity ratio of 0.43.

Arch Coal (NYSE:ARCH) last announced its quarterly earnings results on Tuesday, April 23rd. The energy company reported $3.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.53 by $1.38. The business had revenue of $555.18 million for the quarter, compared to the consensus estimate of $572.79 million. Arch Coal had a return on equity of 47.43% and a net margin of 13.38%. The business’s revenue was down 3.5% on a year-over-year basis. During the same quarter last year, the business posted $2.74 EPS. As a group, equities analysts forecast that Arch Coal Inc will post 17.69 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 31st will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend is Thursday, May 30th. Arch Coal’s dividend payout ratio (DPR) is 11.88%.

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Arch Coal Profile

Arch Coal, Inc produces and sells thermal and metallurgical coal from surface and underground mines. As of December 31, 2018, the company operated nine active mines. It also owned or controlled primarily through long-term leases approximately 28,292 acres of coal land in Ohio; 1,060 acres of coal land in Maryland; 10,195 acres of coal land in Virginia; 359,122 acres of coal land in West Virginia; 81,868 acres of coal land in Wyoming; 268,802 acres of coal land in Illinois; 33,527 acres of coal land in Kentucky; 9,840 acres of coal land in Montana; 21,802 acres of coal land in New Mexico; 358 acres of coal land in Pennsylvania; and 19,146 acres of coal land in Colorado, as well as owned or controlled through long-term leases smaller parcels of property in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas.

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Institutional Ownership by Quarter for Arch Coal (NYSE:ARCH)

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