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Highlight
- Steward Partners Investment Advisory LLC significantly increased its stake in Peabody Energy by 144.2% during the fourth quarter.
- Peabody Energy's financial performance in the last quarter reported a lower-than-expected earnings per share (EPS) of $0.28.
- The company announced a quarterly dividend with a yield of 2.25%, reflecting its ongoing commitment to shareholder returns.
Steward Partners Investment Advisory LLC substantially increased its holdings in Peabody Energy Co. (NYSE:BTU) during the fourth quarter, as evidenced by the most recent SEC filing. The advisory acquired an additional 2,333 shares, bringing its total ownership to 3,951 shares, valued at $83,000 by the period's end. Several other hedge funds and institutional investors have also adjusted their positions in the company. Smartleaf Asset Management LLC expanded its stake by 167.2%, while Byrne Asset Management LLC increased its holdings by 63.3% during the same period.
Current Financial Overview
Peabody Energy's stock opened at $13.33, with a current ratio of 2.15 and a quick ratio of 1.68. The coal producer's market cap stands at $1.62 billion, with a P/E ratio of 4.94 and a beta of 0.94. The company's twelve-month low is $12.15, while its high reached $29.94. In the latest quarterly earnings data disclosed on February 6th, Peabody Energy reported earnings per share (EPS) of $0.28, missing the consensus estimates of $0.53. The company maintained a net margin of 8.75% and a return on equity of 10.33%.
Dividend and Analyst Insights
The firm announced a quarterly dividend of $0.075 per share, leading to an annualized dividend of $0.30, equating to a dividend yield of 2.25%. Regarding analyst feedback, Jefferies Financial Group and Benchmark have both adjusted their price targets for Peabody Energy shares, highlighting varied market sentiments.
About Peabody Energy
Peabody Energy Corporation operates extensively in the coal mining sector across several global markets, including the United States, Japan, Australia, and other regions. Its business segments cover Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, and various other U.S. operations.
