Warrior Met Coal (NYSE:HCC) Director Stephen Williams Sells 4,800 Shares of Stock

Warrior Met Coal (NYSE:HCC) Director Stephen Williams sold 4,800 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $104.23, for a total value of $500,304.00. Following the sale, the director directly owned 30,303 shares of the company’s stock, valued at $3,158,481.69. The trade was a 13.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Warrior Met Coal Stock Performance

Shares of HCC opened at $106.68 on Friday. Warrior Met Coal has a 1 year low of $54.66 and a 1 year high of $110.39. The stock has a market capitalization of $5.63 billion, a P/E ratio of 25.64 and a beta of 0.65. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.79 and a current ratio of 3.93. The company’s fifty day moving average is $86.37 and its two-hundred day moving average is $88.40.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.40 by $0.25. Warrior Met Coal had a net margin of 13.05% and a return on equity of 10.02%. The business had revenue of $509.69 million for the quarter, compared to analyst estimates of $488.46 million. During the same period in the previous year, the business posted $0.11 earnings per share. The business’s revenue was up 71.3% compared to the same quarter last year. On average, sell-side analysts predict that Warrior Met Coal will post 5.74 earnings per share for the current year.

Warrior Met Coal Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, August 10th. Warrior Met Coal’s payout ratio is presently 7.69%.

Analyst Ratings Changes

Several analysts have weighed in on the company. Zacks Research lowered Warrior Met Coal from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. Citigroup restated a “buy” rating on shares of Warrior Met Coal in a research report on Wednesday, June 10th. Weiss Ratings raised Warrior Met Coal from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. UBS Group dropped their price objective on Warrior Met Coal from $100.00 to $98.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Finally, B. Riley Financial boosted their target price on shares of Warrior Met Coal from $117.00 to $123.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $102.60.

Institutional Investors Weigh In On Warrior Met Coal

Several hedge funds have recently made changes to their positions in the business. Maryland State Retirement & Pension System lifted its position in Warrior Met Coal by 1.6% during the fourth quarter. Maryland State Retirement & Pension System now owns 7,678 shares of the company’s stock worth $677,000 after buying an additional 121 shares during the period. Oregon Public Employees Retirement Fund grew its holdings in Warrior Met Coal by 1.3% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 12,027 shares of the company’s stock valued at $1,060,000 after buying an additional 149 shares during the period. Kestra Advisory Services LLC grew its holdings in Warrior Met Coal by 1.5% in the 1st quarter. Kestra Advisory Services LLC now owns 11,440 shares of the company’s stock valued at $1,066,000 after buying an additional 172 shares during the period. BTC Capital Management Inc. increased its stake in shares of Warrior Met Coal by 3.0% during the 1st quarter. BTC Capital Management Inc. now owns 7,824 shares of the company’s stock valued at $729,000 after acquiring an additional 225 shares during the last quarter. Finally, Gotham Asset Management LLC increased its stake in shares of Warrior Met Coal by 1.7% during the 4th quarter. Gotham Asset Management LLC now owns 13,213 shares of the company’s stock valued at $1,165,000 after acquiring an additional 227 shares during the last quarter. Institutional investors and hedge funds own 92.28% of the company’s stock.

About Warrior Met Coal

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.