Renaissance Technologies LLC Has $7.42 Million Holdings in Hallador Energy (NASDAQ:HNRG)

Renaissance Technologies LLC raised its holdings in Hallador Energy (NASDAQ:HNRG) by 5.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 648,055 shares of the energy company’s stock after buying an additional 35,000 shares during the period. Renaissance Technologies LLC owned about 1.52% of Hallador Energy worth $7,420,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of HNRG. Highland Peak Capital LLC bought a new position in shares of Hallador Energy during the fourth quarter worth approximately $5,895,000. Vanguard Group Inc. raised its position in shares of Hallador Energy by 13.9% in the 4th quarter. Vanguard Group Inc. now owns 1,627,909 shares of the energy company’s stock valued at $18,640,000 after buying an additional 198,790 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Hallador Energy by 22.6% during the 4th quarter. American Century Companies Inc. now owns 794,303 shares of the energy company’s stock worth $9,095,000 after acquiring an additional 146,450 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Hallador Energy by 814.1% during the 4th quarter. Russell Investments Group Ltd. now owns 113,023 shares of the energy company’s stock worth $1,294,000 after acquiring an additional 100,658 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in Hallador Energy in the fourth quarter valued at approximately $873,000. 61.38% of the stock is currently owned by institutional investors and hedge funds.

Hallador Energy Trading Up 2.8 %

NASDAQ HNRG opened at $14.37 on Friday. The company has a market cap of $612.44 million, a price-to-earnings ratio of -26.13 and a beta of 0.18. Hallador Energy has a twelve month low of $4.59 and a twelve month high of $14.76. The company has a quick ratio of 0.17, a current ratio of 0.58 and a debt-to-equity ratio of 0.16. The business’s fifty day moving average is $11.42 and its 200 day moving average is $11.38.

Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings results on Monday, March 17th. The energy company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. Hallador Energy had a negative return on equity of 6.71% and a negative net margin of 4.85%. The firm had revenue of $94.80 million for the quarter, compared to analyst estimates of $102.46 million. As a group, sell-side analysts expect that Hallador Energy will post -0.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently commented on HNRG. B. Riley boosted their price target on Hallador Energy from $13.00 to $15.00 and gave the stock a “buy” rating in a report on Tuesday, April 1st. StockNews.com raised shares of Hallador Energy from a “sell” rating to a “hold” rating in a report on Monday, April 7th.

About Hallador Energy

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.