Philadelphia Trust Co. reduced its holdings in Peabody Energy Co. (NYSE:BTU – Free Report) by 47.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 70,369 shares of the coal producer’s stock after selling 63,965 shares during the period. Philadelphia Trust Co.’s holdings in Peabody Energy were worth $1,801,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Amalgamated Bank boosted its stake in shares of Peabody Energy by 2.5% in the fourth quarter. Amalgamated Bank now owns 15,439 shares of the coal producer’s stock worth $408,000 after acquiring an additional 380 shares during the last quarter. Van ECK Associates Corp boosted its stake in Peabody Energy by 1.1% during the fourth quarter. Van ECK Associates Corp now owns 35,963 shares of the coal producer’s stock worth $950,000 after buying an additional 392 shares during the last quarter. Alliancebernstein L.P. boosted its stake in Peabody Energy by 0.3% during the fourth quarter. Alliancebernstein L.P. now owns 131,800 shares of the coal producer’s stock worth $3,482,000 after buying an additional 400 shares during the last quarter. Great Lakes Advisors LLC boosted its stake in Peabody Energy by 4.1% during the fourth quarter. Great Lakes Advisors LLC now owns 14,203 shares of the coal producer’s stock worth $375,000 after buying an additional 564 shares during the last quarter. Finally, Ronald Blue Trust Inc. boosted its stake in Peabody Energy by 41.7% during the first quarter. Ronald Blue Trust Inc. now owns 2,149 shares of the coal producer’s stock worth $57,000 after buying an additional 632 shares during the last quarter. 82.33% of the stock is owned by institutional investors and hedge funds.
Peabody Energy Trading Up 3.5 %
NYSE:BTU traded up $0.76 on Friday, reaching $22.34. The company’s stock had a trading volume of 4,342,758 shares, compared to its average volume of 3,668,823. Peabody Energy Co. has a 12-month low of $17.71 and a 12-month high of $32.89. The company has a quick ratio of 1.82, a current ratio of 2.17 and a debt-to-equity ratio of 0.09. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 2.38 and a beta of 1.07. The stock has a 50 day moving average price of $21.82 and a 200 day moving average price of $22.99.
Peabody Energy (NYSE:BTU – Get Free Report) last posted its quarterly earnings data on Thursday, July 27th. The coal producer reported $1.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.54 by ($0.38). The firm had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Peabody Energy had a net margin of 25.97% and a return on equity of 35.81%. Peabody Energy’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.67 EPS. On average, equities analysts anticipate that Peabody Energy Co. will post 4.62 EPS for the current fiscal year.
Peabody Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 30th. Investors of record on Thursday, August 10th were issued a $0.075 dividend. The ex-dividend date was Wednesday, August 9th. This represents a $0.30 annualized dividend and a dividend yield of 1.34%. Peabody Energy’s dividend payout ratio is presently 3.30%.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on BTU shares. B. Riley lowered their price objective on Peabody Energy from $27.00 to $25.00 in a research note on Friday, July 28th. TheStreet upgraded Peabody Energy from a “c” rating to a “b-” rating in a research report on Thursday, July 27th.
View Our Latest Report on Peabody Energy
About Peabody Energy
(Free Report)
Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, and internationally. The company operates through Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, and Other U.S.
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