O Shaughnessy Asset Management LLC Grows Holdings in Hallador Energy Co (HNRG)

O Shaughnessy Asset Management LLC boosted its holdings in Hallador Energy Co (NASDAQ:HNRG) by 27.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,698 shares of the energy company’s stock after purchasing an additional 8,347 shares during the quarter. O Shaughnessy Asset Management LLC owned approximately 0.13% of Hallador Energy worth $241,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Alambic Investment Management L.P. acquired a new position in Hallador Energy in the second quarter worth $164,000. Hartford Investment Management Co. acquired a new position in Hallador Energy in the second quarter worth $200,000. Strs Ohio boosted its holdings in Hallador Energy by 53.5% in the second quarter. Strs Ohio now owns 33,300 shares of the energy company’s stock worth $237,000 after purchasing an additional 11,600 shares during the period. American Century Companies Inc. acquired a new position in Hallador Energy in the second quarter worth $294,000. Finally, Algert Global LLC boosted its holdings in Hallador Energy by 97.0% in the second quarter. Algert Global LLC now owns 42,704 shares of the energy company’s stock worth $305,000 after purchasing an additional 21,024 shares during the period. 53.01% of the stock is owned by hedge funds and other institutional investors.

In other news, Director Charles Ray Iv Wesley purchased 8,347 shares of Hallador Energy stock in a transaction dated Tuesday, November 13th. The stock was bought at an average price of $6.02 per share, with a total value of $50,248.94. Following the completion of the acquisition, the director now owns 8,347 shares in the company, valued at approximately $50,248.94. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 45.10% of the company’s stock.

A number of equities analysts have commented on HNRG shares. ValuEngine raised shares of Hallador Energy from a “sell” rating to a “hold” rating in a report on Thursday, September 27th. Zacks Investment Research downgraded shares of Hallador Energy from a “hold” rating to a “sell” rating in a report on Thursday, August 9th.

Shares of HNRG opened at $5.87 on Friday. Hallador Energy Co has a 1 year low of $5.48 and a 1 year high of $7.98. The firm has a market cap of $177.14 million, a PE ratio of 25.52 and a beta of -0.32. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.93 and a quick ratio of 1.13.

Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings results on Tuesday, November 6th. The energy company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.04). Hallador Energy had a net margin of 9.64% and a return on equity of 3.07%. The firm had revenue of $79.72 million for the quarter, compared to analyst estimates of $79.30 million. On average, analysts anticipate that Hallador Energy Co will post 0.27 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, November 16th. Stockholders of record on Wednesday, October 31st were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 2.73%. The ex-dividend date was Tuesday, October 30th. Hallador Energy’s dividend payout ratio (DPR) is 30.19%.

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Hallador Energy Profile

Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company holds interests in the Oaktown 1 underground mine located in Knox County, Indiana; the Oaktown 2 mine located in Knox County, Indiana and Lawrence County, Illinois; Carlisle underground coal mine located near the town of Carlisle, Indiana; and Ace in the Hole mine located near Clay City, Indiana.

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Institutional Ownership by Quarter for Hallador Energy (NASDAQ:HNRG)

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