Rhumbline Advisers Purchases New Holdings in Warrior Met Coal Inc. (HCC)

Rhumbline Advisers purchased a new stake in Warrior Met Coal Inc. (NYSE:HCC) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 20,012 shares of the company’s stock, valued at approximately $343,000.

Several other large investors have also recently added to or reduced their stakes in the company. First Mercantile Trust Co. bought a new stake in shares of Warrior Met Coal in the 2nd quarter valued at about $131,000. Schwab Charles Investment Management Inc. bought a new stake in shares of Warrior Met Coal in the 2nd quarter valued at about $1,074,000. Skylands Capital LLC bought a new stake in shares of Warrior Met Coal in the 2nd quarter valued at about $2,870,000. Finally, Gilder Gagnon Howe & Co. LLC bought a new stake in shares of Warrior Met Coal in the 2nd quarter valued at about $4,256,000. Institutional investors and hedge funds own 97.25% of the company’s stock.

Shares of Warrior Met Coal Inc. (HCC) opened at 23.61 on Monday. The company has a 50-day moving average of $24.96 and a 200-day moving average of $20.65. Warrior Met Coal Inc. has a 1-year low of $15.10 and a 1-year high of $27.62. The firm has a market capitalization of $1.26 billion and a PE ratio of 0.38.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $2.52 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.93 by $0.59. The business had revenue of $363.37 million during the quarter, compared to analyst estimates of $321.75 million. Equities research analysts predict that Warrior Met Coal Inc. will post $4.08 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Rhumbline Advisers Purchases New Holdings in Warrior Met Coal Inc. (HCC)” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/09/rhumbline-advisers-purchases-new-holdings-in-warrior-met-coal-inc-hcc.html.

A number of analysts have recently weighed in on HCC shares. MKM Partners started coverage on shares of Warrior Met Coal in a report on Wednesday, July 12th. They issued a “neutral” rating and a $18.00 price target on the stock. Zacks Investment Research upgraded shares of Warrior Met Coal from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a report on Wednesday, July 12th. Citigroup Inc. raised their price target on shares of Warrior Met Coal from $24.00 to $28.00 and gave the company a “neutral” rating in a report on Tuesday, September 26th. FBR & Co raised their price target on shares of Warrior Met Coal from $20.00 to $21.00 and gave the company a “mkt perform” rating in a report on Friday, July 21st. Finally, Royal Bank Of Canada raised their price target on shares of Warrior Met Coal from $24.00 to $27.00 and gave the company an “outperform” rating in a report on Friday, August 4th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the stock. Warrior Met Coal presently has an average rating of “Hold” and an average price target of $25.64.

Warrior Met Coal Company Profile

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.

Several other large investors have also recently added to or reduced their stakes in the company. First Mercantile Trust Co. bought a new stake in shares of Warrior Met Coal in the 2nd quarter valued at about $131,000. Schwab Charles Investment Management Inc. bought a new stake in shares of Warrior Met Coal in the 2nd quarter valued at about $1,074,000. Skylands Capital LLC bought a new stake in shares of Warrior Met Coal in the 2nd quarter valued at about $2,870,000. Finally, Gilder Gagnon Howe & Co. LLC bought a new stake in shares of Warrior Met Coal in the 2nd quarter valued at about $4,256,000. Institutional investors and hedge funds own 97.25% of the company’s stock.

Shares of Warrior Met Coal Inc. (HCC) opened at 23.61 on Monday. The company has a 50-day moving average of $24.96 and a 200-day moving average of $20.65. Warrior Met Coal Inc. has a 1-year low of $15.10 and a 1-year high of $27.62. The firm has a market capitalization of $1.26 billion and a PE ratio of 0.38.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $2.52 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.93 by $0.59. The business had revenue of $363.37 million during the quarter, compared to analyst estimates of $321.75 million. Equities research analysts predict that Warrior Met Coal Inc. will post $4.08 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Rhumbline Advisers Purchases New Holdings in Warrior Met Coal Inc. (HCC)” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/09/rhumbline-advisers-purchases-new-holdings-in-warrior-met-coal-inc-hcc.html.

A number of analysts have recently weighed in on HCC shares. MKM Partners started coverage on shares of Warrior Met Coal in a report on Wednesday, July 12th. They issued a “neutral” rating and a $18.00 price target on the stock. Zacks Investment Research upgraded shares of Warrior Met Coal from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a report on Wednesday, July 12th. Citigroup Inc. raised their price target on shares of Warrior Met Coal from $24.00 to $28.00 and gave the company a “neutral” rating in a report on Tuesday, September 26th. FBR & Co raised their price target on shares of Warrior Met Coal from $20.00 to $21.00 and gave the company a “mkt perform” rating in a report on Friday, July 21st. Finally, Royal Bank Of Canada raised their price target on shares of Warrior Met Coal from $24.00 to $27.00 and gave the company an “outperform” rating in a report on Friday, August 4th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the stock. Warrior Met Coal presently has an average rating of “Hold” and an average price target of $25.64.

Warrior Met Coal Company Profile

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.

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Institutional Ownership by Quarter for Warrior Met Coal (NYSE:HCC)

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