Peabody Energy Corporation $BTU Shares Purchased by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. boosted its position in shares of Peabody Energy Corporation (NYSE:BTU) by 20,358.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 190,259 shares of the coal producer’s stock after purchasing an additional 189,329 shares during the period. Geneos Wealth Management Inc. owned approximately 0.16% of Peabody Energy worth $5,046,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Smartleaf Asset Management LLC increased its holdings in shares of Peabody Energy by 104.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,006 shares of the coal producer’s stock worth $25,000 after buying an additional 1,024 shares during the last quarter. Nisa Investment Advisors LLC grew its position in Peabody Energy by 57.7% in the second quarter. Nisa Investment Advisors LLC now owns 2,229 shares of the coal producer’s stock worth $30,000 after acquiring an additional 816 shares during the period. Signaturefd LLC increased its stake in Peabody Energy by 48.5% during the second quarter. Signaturefd LLC now owns 2,353 shares of the coal producer’s stock worth $32,000 after acquiring an additional 768 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Peabody Energy during the second quarter worth $34,000. Finally, GAMMA Investing LLC raised its position in Peabody Energy by 65.2% in the second quarter. GAMMA Investing LLC now owns 3,886 shares of the coal producer’s stock valued at $52,000 after purchasing an additional 1,533 shares during the period. 87.44% of the stock is currently owned by institutional investors and hedge funds.

Peabody Energy Trading Up 5.4%

NYSE BTU opened at $32.28 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.49 and a current ratio of 1.99. The firm has a market cap of $3.92 billion, a price-to-earnings ratio of -111.29 and a beta of 0.41. The firm has a 50 day simple moving average of $28.92 and a 200-day simple moving average of $23.33. Peabody Energy Corporation has a one year low of $9.61 and a one year high of $35.99.

Peabody Energy (NYSE:BTU) last released its earnings results on Thursday, October 30th. The coal producer reported ($0.58) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.39). Peabody Energy had a negative return on equity of 0.25% and a negative net margin of 0.83%.The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $990.20 million. During the same quarter last year, the company earned $0.74 earnings per share. Peabody Energy’s quarterly revenue was down 7.0% compared to the same quarter last year. Equities research analysts anticipate that Peabody Energy Corporation will post 2.61 EPS for the current fiscal year.

Peabody Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 3rd. Investors of record on Thursday, November 13th were issued a $0.075 dividend. The ex-dividend date was Thursday, November 13th. This represents a $0.30 dividend on an annualized basis and a yield of 0.9%. Peabody Energy’s dividend payout ratio (DPR) is -103.45%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Peabody Energy in a report on Monday, December 29th. Wall Street Zen raised shares of Peabody Energy from a “sell” rating to a “hold” rating in a research report on Saturday. Zacks Research upgraded shares of Peabody Energy from a “strong sell” rating to a “hold” rating in a research report on Friday, January 2nd. UBS Group boosted their price target on shares of Peabody Energy from $27.00 to $29.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Finally, Benchmark upped their price objective on shares of Peabody Energy from $23.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $28.33.

Peabody Energy Company Profile

Peabody Energy Corporation is one of the world’s largest private-sector coal companies, engaged primarily in the production and sale of metallurgical and thermal coal. The company’s operations span surface and underground mines, serving utilities, steel mills and other industrial customers that rely on coal as an essential component in power generation and steelmaking. Peabody’s product portfolio includes high-energy thermal coal for electricity generation and low-volatile metallurgical coal used in steel production, reflecting its diverse end-market reach.

Founded in 1883, Peabody Energy has grown from a regional mining concern into a global energy supplier.