American Century Companies Inc. Has $29.50 Million Holdings in Warrior Met Coal, Inc. (NYSE:HCC)

Posted by on Aug 30th, 2023

American Century Companies Inc. boosted its holdings in Warrior Met Coal, Inc. (NYSE:HCC – Free Report) by 13.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 803,578 shares of the company’s stock after purchasing an additional 95,791 shares during the quarter. American Century Companies Inc. owned 1.55% of Warrior Met Coal worth $29,499,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Renaissance Technologies LLC raised its position in shares of Warrior Met Coal by 74.7% in the first quarter. Renaissance Technologies LLC now owns 2,125,379 shares of the company’s stock valued at $78,873,000 after buying an additional 909,000 shares in the last quarter. Norges Bank bought a new position in shares of Warrior Met Coal in the fourth quarter worth $20,182,000. Millennium Management LLC raised its stake in Warrior Met Coal by 769.3% in the fourth quarter. Millennium Management LLC now owns 427,377 shares of the company’s stock valued at $14,804,000 after purchasing an additional 378,214 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in Warrior Met Coal during the fourth quarter worth about $12,790,000. Finally, Goldman Sachs Group Inc. grew its stake in Warrior Met Coal by 56.1% during the first quarter. Goldman Sachs Group Inc. now owns 973,373 shares of the company’s stock worth $36,122,000 after buying an additional 349,848 shares in the last quarter. Institutional investors own 93.89% of the company’s stock.

Warrior Met Coal Price Performance

Shares of NYSE:HCC opened at $39.99 on Wednesday. The firm has a 50 day moving average of $39.95 and a 200-day moving average of $37.72. Warrior Met Coal, Inc. has a 12 month low of $26.37 and a 12 month high of $44.82. The company has a current ratio of 9.79, a quick ratio of 8.68 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $2.08 billion, a PE ratio of 4.48 and a beta of 1.10.

Warrior Met Coal (NYSE:HCC – Get Free Report) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $1.63 EPS for the quarter, missing the consensus estimate of $2.02 by ($0.39). The firm had revenue of $379.66 million for the quarter, compared to analyst estimates of $407.47 million. Warrior Met Coal had a net margin of 28.47% and a return on equity of 31.67%. During the same quarter in the prior year, the firm earned $5.87 earnings per share. The firm’s revenue for the quarter was down 39.3% on a year-over-year basis. On average, equities research analysts predict that Warrior Met Coal, Inc. will post 8.49 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 14th. Stockholders of record on Monday, August 7th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, August 4th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.70%. Warrior Met Coal’s dividend payout ratio (DPR) is presently 3.14%.

Warrior Met Coal Profile

(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 from coal production.

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

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