Brokerages Set Warrior Met Coal LLC (HCC) PT at $27.11

Shares of Warrior Met Coal LLC (NYSE:HCC) have been given an average recommendation of “Buy” by the thirteen brokerages that are presently covering the firm, MarketBeat.com reports. Seven research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $27.50.

A number of equities research analysts recently issued reports on the company. Zacks Investment Research raised Warrior Met Coal from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a research report on Friday, November 17th. ValuEngine raised Warrior Met Coal from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. B. Riley reissued a “hold” rating and issued a $28.00 target price on shares of Warrior Met Coal in a research report on Wednesday, January 17th. FBR & Co set a $26.00 target price on Warrior Met Coal and gave the company a “hold” rating in a research report on Tuesday, October 17th. Finally, Macquarie raised Warrior Met Coal from an “underperform” rating to a “hold” rating in a research report on Tuesday, January 23rd.

Warrior Met Coal (NYSE:HCC) traded up $2.03 during trading hours on Friday, hitting $30.93. The stock had a trading volume of 1,070,877 shares, compared to its average volume of 653,815. Warrior Met Coal has a fifty-two week low of $15.10 and a fifty-two week high of $31.19. The company has a market cap of $1,650.00 and a PE ratio of 4.17.

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

In other Warrior Met Coal news, Director Franklin Mutual Advisers Llc sold 4,237 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $20.46, for a total transaction of $86,689.02. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Large investors have recently bought and sold shares of the business. Contrarius Investment Management Ltd acquired a new position in shares of Warrior Met Coal during the 3rd quarter worth approximately $4,991,000. FMR LLC acquired a new position in shares of Warrior Met Coal during the 2nd quarter worth approximately $12,380,000. Dupont Capital Management Corp acquired a new position in shares of Warrior Met Coal during the 3rd quarter worth approximately $901,000. Teachers Advisors LLC acquired a new position in shares of Warrior Met Coal during the 2nd quarter worth approximately $509,000. Finally, Acadian Asset Management LLC increased its holdings in shares of Warrior Met Coal by 400.7% during the 4th quarter. Acadian Asset Management LLC now owns 1,883,992 shares of the company’s stock worth $47,384,000 after acquiring an additional 1,507,727 shares during the last quarter. 99.05% of the stock is currently owned by hedge funds and other institutional investors.

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About Warrior Met Coal

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.

Analyst Recommendations for Warrior Met Coal (NYSE:HCC)

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