Warrior Met Coal Inc (NYSE:HCC) CEO Sells 4,547 Shares

Warrior Met Coal Inc (NYSE:HCC) CEO Walter J. Scheller sold 4,547 shares of the stock in a transaction that occurred on Tuesday, June 4th. The stock was sold at an average price of $27.04, for a total value of $122,950.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Walter J. Scheller also recently made the following trade(s):

  • On Wednesday, April 24th, Walter J. Scheller sold 8,730 shares of Warrior Met Coal stock. The shares were sold at an average price of $32.00, for a total transaction of $279,360.00.

Shares of HCC stock opened at $26.12 on Friday. Warrior Met Coal Inc has a fifty-two week low of $20.88 and a fifty-two week high of $33.49. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 3.01 and a beta of 0.60. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.84 and a quick ratio of 3.26. The business’s 50-day simple moving average is $26.88.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings results on Wednesday, May 1st. The company reported $2.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.75 by $0.55. Warrior Met Coal had a return on equity of 71.47% and a net margin of 47.10%. The business had revenue of $378.30 million for the quarter, compared to analyst estimates of $326.30 million. During the same quarter in the previous year, the firm earned $3.36 earnings per share. The company’s revenue was down 10.3% on a year-over-year basis. As a group, equities analysts expect that Warrior Met Coal Inc will post 6.53 earnings per share for the current year.

Institutional investors have recently added to or reduced their stakes in the stock. Millennium Management LLC lifted its holdings in Warrior Met Coal by 37.9% in the fourth quarter. Millennium Management LLC now owns 2,041,121 shares of the company’s stock valued at $49,211,000 after acquiring an additional 561,054 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Warrior Met Coal by 104.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 791,490 shares of the company’s stock valued at $19,083,000 after acquiring an additional 404,063 shares during the period. Impala Asset Management LLC lifted its holdings in Warrior Met Coal by 36.8% in the first quarter. Impala Asset Management LLC now owns 1,467,341 shares of the company’s stock valued at $44,607,000 after acquiring an additional 394,404 shares during the period. Anchor Bolt Capital LP lifted its holdings in Warrior Met Coal by 30.2% in the fourth quarter. Anchor Bolt Capital LP now owns 1,393,536 shares of the company’s stock valued at $33,598,000 after acquiring an additional 323,336 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in Warrior Met Coal by 70.0% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 649,622 shares of the company’s stock valued at $15,648,000 after acquiring an additional 267,567 shares during the period.

A number of equities analysts have recently weighed in on HCC shares. TheStreet cut shares of Warrior Met Coal from a “b-” rating to a “c+” rating in a research report on Wednesday, June 5th. MKM Partners raised their price objective on shares of Warrior Met Coal to $38.00 and gave the company a “buy” rating in a research note on Friday, May 24th. Zacks Investment Research raised shares of Warrior Met Coal from a “hold” rating to a “strong-buy” rating and set a $32.00 price objective on the stock in a research report on Friday, May 10th. Royal Bank of Canada set a $33.00 target price on shares of Warrior Met Coal and gave the company a “hold” rating in a report on Friday, May 3rd. Finally, BMO Capital Markets set a $40.00 target price on Warrior Met Coal and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Four research 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. The stock currently has a consensus rating of “Buy” and an average target price of $34.78.

Warrior Met Coal Company Profile

Warrior Met Coal, Inc produces and exports 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.

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Insider Buying and Selling by Quarter for Warrior Met Coal (NYSE:HCC)

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