Bridgeway Capital Management LLC Purchases 11,288 Shares of Hallador Energy (NASDAQ:HNRG)

Bridgeway Capital Management LLC boosted its holdings in shares of Hallador Energy (NASDAQ:HNRG) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 539,285 shares of the energy company’s stock after acquiring an additional 11,288 shares during the period. Bridgeway Capital Management LLC owned approximately 1.27% of Hallador Energy worth $6,175,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC boosted its stake in Hallador Energy by 272.9% in the 3rd quarter. Barclays PLC now owns 33,131 shares of the energy company’s stock worth $312,000 after purchasing an additional 24,247 shares during the period. Highland Peak Capital LLC bought a new position in shares of Hallador Energy during the fourth quarter worth about $5,895,000. Raymond James Financial Inc. acquired a new stake in Hallador Energy in the 4th quarter valued at approximately $873,000. Russell Investments Group Ltd. raised its position in Hallador Energy by 814.1% in the 4th quarter. Russell Investments Group Ltd. now owns 113,023 shares of the energy company’s stock valued at $1,294,000 after buying an additional 100,658 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in Hallador Energy by 22.6% in the 4th quarter. American Century Companies Inc. now owns 794,303 shares of the energy company’s stock valued at $9,095,000 after acquiring an additional 146,450 shares in the last quarter. 61.38% of the stock is owned by institutional investors and hedge funds.

Hallador Energy Stock Up 1.1 %

NASDAQ:HNRG opened at $15.13 on Thursday. The firm has a market capitalization of $650.36 million, a price-to-earnings ratio of -27.51 and a beta of 0.42. The company has a quick ratio of 0.17, a current ratio of 0.58 and a debt-to-equity ratio of 0.16. Hallador Energy has a twelve month low of $4.86 and a twelve month high of $16.12. The stock’s 50 day moving average price is $12.43 and its two-hundred day moving average price is $11.78.

Hallador Energy (NASDAQ:HNRG) last issued its earnings results on Monday, March 17th. The energy company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.01. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. The business had revenue of $94.80 million for the quarter, compared to the consensus estimate of $102.46 million. Equities research analysts expect that Hallador Energy will post -0.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

Hallador Energy Company Profile

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.