AlpInvest Partners B.V. reduced its position in Hallador Energy Co (NASDAQ:HNRG) by 71.1% during the second quarter, Holdings Channel reports. The institutional investor owned 34,029 shares of the energy company’s stock after selling 83,875 shares during the quarter. Hallador Energy comprises 0.2% of AlpInvest Partners B.V.’s investment portfolio, making the stock its 27th largest holding. AlpInvest Partners B.V.’s holdings in Hallador Energy were worth $192,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Parametric Portfolio Associates LLC boosted its stake in Hallador Energy by 33.1% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 40,779 shares of the energy company’s stock worth $230,000 after purchasing an additional 10,147 shares in the last quarter. Alambic Investment Management L.P. acquired a new stake in Hallador Energy in the 2nd quarter valued at $81,000. Northern Trust Corp boosted its stake in Hallador Energy by 3.0% during the 2nd quarter. Northern Trust Corp now owns 251,843 shares of the energy company’s stock worth $1,418,000 after purchasing an additional 7,395 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Hallador Energy by 12.3% during the 2nd quarter. Renaissance Technologies LLC now owns 422,292 shares of the energy company’s stock worth $2,378,000 after purchasing an additional 46,392 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Hallador Energy by 1.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 301,223 shares of the energy company’s stock worth $1,696,000 after purchasing an additional 4,414 shares during the last quarter. Institutional investors and hedge funds own 46.35% of the company’s stock.
Shares of HNRG opened at $4.09 on Friday. Hallador Energy Co has a 52-week low of $3.76 and a 52-week high of $6.63. The company has a quick ratio of 0.63, a current ratio of 1.33 and a debt-to-equity ratio of 0.54. The firm’s fifty day moving average is $4.60 and its two-hundred day moving average is $5.24. The stock has a market cap of $121.90 million, a PE ratio of 11.19 and a beta of 0.10.
Hallador Energy (NASDAQ:HNRG) last announced its earnings results on Monday, August 5th. The energy company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.17). Hallador Energy had a return on equity of 4.27% and a net margin of 2.77%. The business had revenue of $72.31 million for the quarter, compared to analyst estimates of $81.30 million. As a group, research analysts anticipate that Hallador Energy Co will post 0.33 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, August 16th. Shareholders of record on Wednesday, July 31st were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Tuesday, July 30th. This represents a $0.16 annualized dividend and a yield of 3.91%. Hallador Energy’s dividend payout ratio (DPR) is presently 64.00%.
Several brokerages have issued reports on HNRG. Zacks Investment Research cut shares of Hallador Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, August 7th. ValuEngine cut shares of Hallador Energy from a “sell” rating to a “strong sell” rating in a research note on Tuesday.
About Hallador Energy
Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company holds interests in the Oaktown 1 mine underground mine located in Knox County, Indiana; the Oaktown 2 mine located in Knox County, Indiana and Lawrence County, Illinois; Carlisle underground coal mine located near the town of Carlisle, Indiana; and Ace in the Hole mine located near Clay City, Indiana.
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