Point72 Asset Management L.P. Acquires 1,073,433 Shares of Hallador Energy (NASDAQ:HNRG)

Point72 Asset Management L.P. boosted its holdings in shares of Hallador Energy (NASDAQ:HNRG) by 4,460.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,097,500 shares of the energy company’s stock after acquiring an additional 1,073,433 shares during the period. Point72 Asset Management L.P.’s holdings in Hallador Energy were worth $12,566,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Barclays PLC increased its holdings in shares of 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 buying an additional 24,247 shares during the last quarter. Aspiriant LLC purchased a new position in Hallador Energy in the fourth quarter worth about $179,000. Bleakley Financial Group LLC bought a new stake in Hallador Energy during the fourth quarter worth approximately $171,000. Empowered Funds LLC increased its stake in Hallador Energy by 5.1% during the fourth quarter. Empowered Funds LLC now owns 233,185 shares of the energy company’s stock worth $2,670,000 after acquiring an additional 11,288 shares during the last quarter. Finally, Savant Capital LLC raised its position in Hallador Energy by 9.1% during the fourth quarter. Savant Capital LLC now owns 24,717 shares of the energy company’s stock valued at $283,000 after purchasing an additional 2,055 shares during the period. Institutional investors own 61.38% of the company’s stock.

Hallador Energy Price Performance

HNRG stock opened at $19.23 on Monday. The stock has a market cap of $826.43 million, a PE ratio of -34.96 and a beta of 0.42. Hallador Energy has a 12 month low of $4.86 and a 12 month high of $19.53. The company has a 50-day moving average price of $13.57 and a 200 day moving average price of $12.16. The company has a current ratio of 0.58, a quick ratio of 0.17 and a debt-to-equity ratio of 0.16.

Hallador Energy (NASDAQ:HNRG) last announced its quarterly earnings data on Monday, May 12th. The energy company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.39. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. The business had revenue of $117.79 million during the quarter, compared to the consensus estimate of $98.70 million. Equities research analysts anticipate that Hallador Energy will post -0.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. StockNews.com upgraded Hallador Energy from a “sell” rating to a “hold” rating in a report on Tuesday, May 13th. B. Riley raised their price target on 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 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.