Tejara Capital Ltd Has $1.05 Million Stock Position in Peabody Energy Co. (NYSE:BTU)

Tejara Capital Ltd decreased its holdings in shares of Peabody Energy Co. (NYSE:BTU) by 26.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 50,000 shares of the coal producer’s stock after selling 18,316 shares during the quarter. Tejara Capital Ltd’s holdings in Peabody Energy were worth $1,047,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Pacer Advisors Inc. increased its stake in shares of Peabody Energy by 265,937.3% during the 3rd quarter. Pacer Advisors Inc. now owns 8,023,686 shares of the coal producer’s stock worth $212,949,000 after purchasing an additional 8,020,670 shares during the last quarter. State Street Corp increased its stake in shares of Peabody Energy by 7.6% during the 3rd quarter. State Street Corp now owns 7,631,707 shares of the coal producer’s stock worth $202,546,000 after purchasing an additional 540,219 shares during the last quarter. Progeny 3 Inc. increased its stake in shares of Peabody Energy by 1.6% during the 3rd quarter. Progeny 3 Inc. now owns 3,580,014 shares of the coal producer’s stock worth $95,014,000 after purchasing an additional 56,280 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Peabody Energy by 8.0% during the 3rd quarter. Geode Capital Management LLC now owns 2,918,536 shares of the coal producer’s stock worth $77,473,000 after purchasing an additional 216,887 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Peabody Energy by 9.7% during the 4th quarter. Bank of New York Mellon Corp now owns 1,422,400 shares of the coal producer’s stock worth $29,785,000 after purchasing an additional 125,372 shares during the last quarter. Institutional investors and hedge funds own 87.44% of the company’s stock.

Peabody Energy Stock Performance

Shares of BTU opened at $13.33 on Tuesday. The company has a market capitalization of $1.62 billion, a PE ratio of 4.94 and a beta of 0.94. Peabody Energy Co. has a one year low of $12.15 and a one year high of $29.94. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.15 and a quick ratio of 1.68. The company’s fifty day moving average price is $16.38 and its 200 day moving average price is $21.34.

Peabody Energy (NYSE:BTU) last announced its earnings results on Thursday, February 6th. The coal producer reported $0.28 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.25). Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%. As a group, analysts expect that Peabody Energy Co. will post 2.61 earnings per share for the current year.

Peabody Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 11th. Shareholders of record on Wednesday, February 19th were given a $0.075 dividend. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.30 annualized dividend and a yield of 2.25%. Peabody Energy’s dividend payout ratio is 11.11%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Benchmark dropped their price target on shares of Peabody Energy from $30.00 to $26.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. Jefferies Financial Group dropped their target price on shares of Peabody Energy from $30.00 to $26.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Finally, BMO Capital Markets upgraded shares of Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 target price on the stock in a report on Monday, December 16th.

Peabody Energy Profile

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, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.