Sei Investments Co. buy 13,021 shares of Warrior Met Coal, Inc. (NYSE:HCC)

Sei Investments Co. increased its stake in Warrior Met Coal, Inc. (NYSE:HCC – Free Report) by 56.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 36,223 shares of the company’s stock after acquiring an additional 13,021 shares during the period. Sei Investments Co. owned about 0.07% of Warrior Met Coal worth $2,274,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC boosted its position in Warrior Met Coal by 38.6% in the second quarter. GAMMA Investing LLC now owns 517 shares of the company’s stock valued at $32,000 after purchasing an additional 144 shares during the last quarter. EntryPoint Capital LLC purchased a new position in shares of Warrior Met Coal in the first quarter worth $54,000. Ausbil Investment Management Ltd bought a new stake in shares of Warrior Met Coal in the second quarter valued at $82,000. Meeder Asset Management Inc. acquired a new stake in Warrior Met Coal in the 1st quarter valued at approximately $104,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in Warrior Met Coal in the first quarter valued at approximately $104,000. Institutional investors own 92.28% of the company’s shares.

Warrior met coal price performance

Shares of HCC opened at $63.93 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 5.37, and a current ratio of 6.37. Warrior Met Coal, Inc. it has a 52-week low of $44.76 and a 52-week high of $75.53. The company has a market cap of $3.34 billion, a P/E ratio of 7.74 and a beta of 1.02. The company has a fifty day moving average price of $59.27 and a 200 day moving average price of $63.14.

Warrior Met Coal (NYSE:HCC – Get Free Report ) last posted its quarterly earnings results on Thursday, August 1st. The company reported $1.35 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.03. Warrior Met Coal had a return on equity of 22.71% and a net margin of 25.01%. The firm had revenue of $396.52 million for the quarter, compared to analyst estimates of $387.91 million. In the same quarter last year, the company posted EPS of $1.63. The company’s revenue increased by 4.4% year-on-year. As a group, equities analysts expect that Warrior Met Coal, Inc. to post 5.55 EPS for the current year.

Warrior Met Coal Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 13th. Stockholders of record on Tuesday, August 6th were given a dividend of $0.08 per share. This represents a dividend of $0.32 on an annualized basis and a yield of 0.50%. The ex-dividend date of this dividend was Tuesday, August 6th. Warrior Met Coal’s dividend payout ratio is currently 3.85%.

Analysts on Wall Street are forecasting an increase

A number of research analysts have recently commented on the stock. Benchmark reissued a “hold” rating on shares of Warrior Met Coal in a report on Monday, August 5th. B. Riley decreased their price objective on shares of Warrior Met Coal from $92.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, September 6th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, Warrior Met Coal presently has an average rating of “Hold” and an average price target of $75.75.

Check out our latest analysis on HCC

About Warrior Met Coal

(Free report)

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 of coal production.

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