Citigroup Inc. purchased a new position in Hallador Energy Company (NASDAQ:HNRG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 41,161 shares of the energy company’s stock, valued at approximately $320,000. Citigroup Inc. owned approximately 0.14% of Hallador Energy as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of HNRG. Robotti Robert grew its stake in shares of Hallador Energy by 4.6% during the second quarter. Robotti Robert now owns 46,431 shares of the energy company’s stock valued at $345,000 after purchasing an additional 2,042 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Hallador Energy by 10.7% during the first quarter. PNC Financial Services Group Inc. now owns 47,529 shares of the energy company’s stock valued at $380,000 after purchasing an additional 4,579 shares during the last quarter. BlueCrest Capital Management Ltd bought a new stake in shares of Hallador Energy during the first quarter valued at approximately $125,000. Nationwide Fund Advisors grew its stake in shares of Hallador Energy by 228.3% during the second quarter. Nationwide Fund Advisors now owns 23,314 shares of the energy company’s stock valued at $181,000 after purchasing an additional 16,213 shares during the last quarter. Finally, Rhumbline Advisers bought a new stake in shares of Hallador Energy during the second quarter valued at approximately $130,000. 57.52% of the stock is currently owned by hedge funds and other institutional investors.
Hallador Energy Company (NASDAQ:HNRG) opened at 5.07 on Friday. The company has a market capitalization of $150.90 million, a PE ratio of 18.57 and a beta of -0.63. The firm has a 50-day moving average of $5.57 and a 200-day moving average of $6.75. Hallador Energy Company has a 52 week low of $5.06 and a 52 week high of $10.40.
Hallador Energy (NASDAQ:HNRG) last announced its earnings results on Tuesday, August 8th. The energy company reported $0.01 EPS for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.13). Hallador Energy had a net margin of 3.13% and a return on equity of 11.19%. The business had revenue of $64.31 million for the quarter, compared to the consensus estimate of $64.20 million. Equities analysts expect that Hallador Energy Company will post $0.48 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, November 17th. Stockholders of record on Tuesday, October 31st will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Monday, October 30th. Hallador Energy’s dividend payout ratio is presently 59.26%.
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Several research firms have recently commented on HNRG. ValuEngine cut shares of Hallador Energy from a “strong-buy” rating to a “buy” rating in a research note on Monday, August 14th. Zacks Investment Research raised shares of Hallador Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, October 17th.
Hallador Energy Profile
Hallador Energy Company is an oil and gas exploration company focused on developing coal reserves in the Illinois Basin. The Company, through its subsidiary, Sunrise Coal, LLC, is engaged in coal mining in the state of Indiana serving the electric power generation industry. Its projects include Carlisle Mine, Ace in the Hole Mine, Oaktown 1 Mine, Oaktown 2 Mine and Bulldog Mine.
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