Symmetry Investments LP Makes New Investment in Warrior Met Coal, Inc. (NYSE:HCC)

Symmetry Investments LP bought a new position in Warrior Met Coal, Inc. (NYSE:HCCGet Rating) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 45,000 shares of the company’s stock, valued at approximately $1,157,000. Symmetry Investments LP owned about 0.09% of Warrior Met Coal at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of HCC. UBS Group AG increased its position in Warrior Met Coal by 1,720.0% in the 3rd quarter. UBS Group AG now owns 6,643 shares of the company’s stock worth $154,000 after purchasing an additional 6,278 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Warrior Met Coal by 22.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 5,900 shares of the company’s stock valued at $155,000 after acquiring an additional 1,100 shares during the last quarter. Man Group plc acquired a new position in shares of Warrior Met Coal during the 3rd quarter valued at about $202,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Warrior Met Coal by 64.4% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,366 shares of the company’s stock valued at $215,000 after acquiring an additional 3,278 shares during the last quarter. Finally, LPL Financial LLC acquired a new position in shares of Warrior Met Coal during the 3rd quarter valued at about $252,000. 90.16% of the stock is currently owned by institutional investors.

HCC opened at $32.05 on Friday. The firm has a market capitalization of $1.66 billion, a P/E ratio of 5.20 and a beta of 1.02. The stock’s 50 day moving average price is $36.47 and its two-hundred day moving average price is $29.73. The company has a quick ratio of 4.68, a current ratio of 5.39 and a debt-to-equity ratio of 0.36. Warrior Met Coal, Inc. has a 12-month low of $15.81 and a 12-month high of $42.95.

Warrior Met Coal (NYSE:HCCGet Rating) last announced its quarterly earnings data on Thursday, May 5th. The company reported $2.97 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.55. Warrior Met Coal had a return on equity of 45.69% and a net margin of 26.02%. The company had revenue of $378.65 million during the quarter, compared to the consensus estimate of $412.66 million. During the same quarter last year, the company earned $0.08 EPS. The company’s quarterly revenue was up 77.1% on a year-over-year basis. As a group, analysts anticipate that Warrior Met Coal, Inc. will post 10.36 earnings per share for the current year.

The company also recently disclosed a None dividend, which will be paid on Friday, May 20th. Shareholders of record on Friday, May 13th will be given a $0.50 dividend. The ex-dividend date of this dividend is Thursday, May 12th. Warrior Met Coal’s dividend payout ratio is currently 3.90%.

HCC has been the topic of a number of analyst reports. TheStreet raised Warrior Met Coal from a “c+” rating to a “b” rating in a report on Friday, March 4th. Jefferies Financial Group increased their price objective on Warrior Met Coal from $34.00 to $36.00 and gave the company a “hold” rating in a report on Wednesday, March 9th. B. Riley lowered their price objective on Warrior Met Coal from $50.00 to $45.00 in a report on Tuesday. Finally, Zacks Investment Research lowered Warrior Met Coal from a “strong-buy” rating to a “hold” rating and set a $36.00 target price on the stock. in a report on Wednesday. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $34.20.

About Warrior Met Coal (Get Rating)

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.

Further Reading

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

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