Nisa Investment Advisors LLC Takes $998,000 Position in Warrior Met Coal LLC (NYSE:HCC)

Nisa Investment Advisors LLC acquired a new position in Warrior Met Coal LLC (NYSE:HCC) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 39,700 shares of the company’s stock, valued at approximately $998,000. Nisa Investment Advisors LLC owned about 0.07% of Warrior Met Coal at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Quantbot Technologies LP bought a new position in shares of Warrior Met Coal during the 3rd quarter valued at approximately $135,000. The Manufacturers Life Insurance Company purchased a new position in Warrior Met Coal during the 2nd quarter valued at $219,000. Tudor Investment Corp ET AL purchased a new position in Warrior Met Coal during the 2nd quarter valued at $223,000. Royal Bank of Canada purchased a new position in Warrior Met Coal during the 2nd quarter valued at $228,000. Finally, Invictus RG purchased a new position in Warrior Met Coal during the 3rd quarter valued at $257,000. 99.05% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Franklin Mutual Advisers Llc sold 4,237 shares of the stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $20.46, for a total value of $86,689.02. The sale was disclosed in a document filed with the SEC, which is available through this link.

Shares of Warrior Met Coal LLC (NYSE:HCC) traded up $2.03 during trading hours on Wednesday, reaching $30.93. The company had a trading volume of 1,093,339 shares, compared to its average volume of 656,182. The firm has a market cap of $1,650.00 and a price-to-earnings ratio of 4.17. Warrior Met Coal LLC has a 12 month low of $15.10 and a 12 month high of $31.19.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 2nd. Stockholders of record on Friday, February 23rd will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date is Thursday, February 22nd. Warrior Met Coal’s dividend payout ratio is presently 2.70%.

HCC has been the subject of several research reports. Zacks Investment Research upgraded Warrior Met Coal from a “hold” rating to a “strong-buy” rating and set a $31.00 target price for the company in a report on Monday. Credit Suisse Group upped their target price on Warrior Met Coal from $18.75 to $35.00 and gave the stock an “outperform” rating in a report on Tuesday, January 30th. Macquarie upgraded Warrior Met Coal from an “underperform” rating to a “hold” rating in a report on Tuesday, January 23rd. B. Riley reissued a “hold” rating and issued a $28.00 price target on shares of Warrior Met Coal in a research report on Wednesday, January 17th. Finally, Royal Bank of Canada lowered Warrior Met Coal from an “outperform” rating to a “sector perform” rating and set a $25.00 price target for the company. in a research report on Monday, December 4th. Seven analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $26.67.

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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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