UBS Asset Management Americas Inc. Buys Shares of 8,200 Warrior Met Coal Inc (HCC)

UBS Asset Management Americas Inc. bought a new stake in shares of Warrior Met Coal Inc (NYSE:HCC) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 8,200 shares of the company’s stock, valued at approximately $206,000.

Several other institutional investors have also made changes to their positions in the company. Waratah Capital Advisors Ltd. acquired a new stake in shares of Warrior Met Coal during the fourth quarter valued at about $10,588,000. BlackRock Inc. grew its stake in shares of Warrior Met Coal by 74.5% during the fourth quarter. BlackRock Inc. now owns 1,804,709 shares of the company’s stock valued at $45,389,000 after acquiring an additional 770,654 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of Warrior Met Coal by 488.1% during the fourth quarter. Bank of New York Mellon Corp now owns 375,758 shares of the company’s stock valued at $9,450,000 after acquiring an additional 311,868 shares in the last quarter. Rhumbline Advisers grew its stake in shares of Warrior Met Coal by 63.2% during the fourth quarter. Rhumbline Advisers now owns 32,875 shares of the company’s stock valued at $827,000 after acquiring an additional 12,733 shares in the last quarter. Finally, Brightline Capital Management LLC acquired a new stake in shares of Warrior Met Coal during the fourth quarter valued at about $6,413,000.

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NYSE:HCC opened at $28.01 on Friday. The stock has a market capitalization of $1,492.50 and a P/E ratio of 3.55. Warrior Met Coal Inc has a one year low of $15.10 and a one year high of $33.72. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.48 and a quick ratio of 1.98.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings results on Wednesday, February 14th. The company reported $1.16 EPS for the quarter, topping the Zacks’ consensus estimate of $1.00 by $0.16. The business had revenue of $239.80 million during the quarter, compared to the consensus estimate of $227.72 million. Warrior Met Coal had a return on equity of 61.78% and a net margin of 38.92%. analysts predict that Warrior Met Coal Inc will post 6.93 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 2nd. Investors of record on Friday, February 23rd were paid a $0.05 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $0.20 dividend on an annualized basis and a yield of 0.71%. Warrior Met Coal’s dividend payout ratio (DPR) is 2.53%.

In other Warrior Met Coal news, insider Brian M. Chopin sold 21,106 shares of the firm’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $31.84, for a total value of $672,015.04. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Michael T. Madden sold 32,436 shares of the firm’s stock in a transaction dated Friday, March 16th. The stock was sold at an average price of $28.96, for a total transaction of $939,346.56. The disclosure for this sale can be found here. Insiders sold 174,533 shares of company stock valued at $5,400,965 over the last quarter. Insiders own 0.51% of the company’s stock.

Several analysts have recently weighed in on HCC shares. Citigroup upgraded Warrior Met Coal from a “neutral” rating to a “buy” rating and set a $28.00 target price for the company in a research note on Thursday, February 22nd. ValuEngine downgraded Warrior Met Coal from a “buy” rating to a “hold” rating in a research note on Wednesday, March 7th. BMO Capital Markets raised their target price on Warrior Met Coal to $39.00 and gave the company a “buy” rating in a research note on Thursday, February 15th. Royal Bank of Canada set a $33.00 price target on Warrior Met Coal and gave the stock a “hold” rating in a research note on Friday, February 23rd. Finally, Zacks Investment Research upgraded Warrior Met Coal from a “hold” rating to a “strong-buy” rating and set a $31.00 price target for the company in a research note on Monday, February 12th. Eight equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $28.92.

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Warrior Met Coal Profile

Warrior Met Coal, Inc, formerly Warrior Met Coal, LLC, is a producer and exporter of metallurgical coal for the steel industry from underground mines located in Brookwood, Alabama, southwest of Birmingham and near Tuscaloosa. These underground coalmines are 1,400 to 2,100 feet underground. Its operations serve markets in the United States, Europe, Asia and South America via barge and rail access to the Port of Mobile.

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

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