Vontobel Holding Ltd. Makes New $1.83 Million Investment in Peabody Energy Corporation $BTU

Vontobel Holding Ltd. purchased a new stake in Peabody Energy Corporation (NYSE:BTU) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 69,000 shares of the coal producer’s stock, valued at approximately $1,830,000. Vontobel Holding Ltd. owned 0.06% of Peabody Energy at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Exchange Traded Concepts LLC raised its position in shares of Peabody Energy by 5.9% in the third quarter. Exchange Traded Concepts LLC now owns 71,336 shares of the coal producer’s stock worth $1,892,000 after buying an additional 3,955 shares in the last quarter. GAMMA Investing LLC increased its stake in Peabody Energy by 17.0% in the 3rd quarter. GAMMA Investing LLC now owns 4,548 shares of the coal producer’s stock worth $121,000 after acquiring an additional 662 shares during the last quarter. Corient Private Wealth LLC increased its stake in Peabody Energy by 79.4% in the 2nd quarter. Corient Private Wealth LLC now owns 22,201 shares of the coal producer’s stock worth $298,000 after acquiring an additional 9,828 shares during the last quarter. Texas Permanent School Fund Corp raised its holdings in shares of Peabody Energy by 225.5% in the 2nd quarter. Texas Permanent School Fund Corp now owns 245,878 shares of the coal producer’s stock valued at $3,300,000 after acquiring an additional 170,328 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. boosted its position in shares of Peabody Energy by 10.4% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 10,580 shares of the coal producer’s stock valued at $142,000 after acquiring an additional 1,000 shares during the last quarter. 87.44% of the stock is currently owned by hedge funds and other institutional investors.

Peabody Energy Trading Down 1.4%

BTU stock opened at $30.34 on Friday. The company has a market capitalization of $3.69 billion, a PE ratio of -104.63 and a beta of 0.57. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.49 and a current ratio of 1.99. Peabody Energy Corporation has a one year low of $9.61 and a one year high of $35.99. The company’s 50 day moving average price is $28.71 and its two-hundred day moving average price is $22.39.

Peabody Energy (NYSE:BTU) last announced its quarterly earnings data on Thursday, October 30th. The coal producer reported ($0.58) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.39). The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $990.20 million. Peabody Energy had a negative net margin of 0.83% and a negative return on equity of 0.25%. Peabody Energy’s revenue for the quarter was down 7.0% on a year-over-year basis. During the same period last year, the company posted $0.74 EPS. As a group, analysts predict that Peabody Energy Corporation will post 2.61 earnings per share for the current fiscal year.

Peabody Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Thursday, November 13th were paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, November 13th. Peabody Energy’s dividend payout ratio (DPR) is -103.45%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BTU. Zacks Research cut shares of Peabody Energy from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 30th. Weiss Ratings reissued a “sell (d+)” rating on shares of Peabody Energy in a report on Monday. UBS Group raised their price objective on shares of Peabody Energy from $27.00 to $29.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Benchmark lifted their price objective on shares of Peabody Energy from $23.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Finally, Wall Street Zen lowered shares of Peabody Energy from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Peabody Energy has a consensus rating of “Hold” and a consensus price target of $27.75.

About Peabody Energy

Peabody Energy Corporation is one of the world’s largest private-sector coal companies, engaged primarily in the production and sale of metallurgical and thermal coal. The company’s operations span surface and underground mines, serving utilities, steel mills and other industrial customers that rely on coal as an essential component in power generation and steelmaking. Peabody’s product portfolio includes high-energy thermal coal for electricity generation and low-volatile metallurgical coal used in steel production, reflecting its diverse end-market reach.

Founded in 1883, Peabody Energy has grown from a regional mining concern into a global energy supplier.