Today, Hallador Energy Co. (HNRG) Stock Rating Reaffirm by FBR & Co

Today, Hallador Energy Co. (HNRG) Stock Rating Reaffirm by FBR & Co

FBR & Co reaffirmed their outperform rating on shares of Hallador Energy Co. (NASDAQ:HNRG) in a research note published on Wednesday morning. FBR & Co currently has a $12.00 price objective on the stock, up from their previous price objective of $10.00.

Separately, Zacks Investment Research raised Hallador Energy from a hold rating to a strong-buy rating and set a $6.50 price objective for the company in a research report on Thursday, August 11th.

Shares of Hallador Energy (NASDAQ:HNRG) opened at 9.25 on Wednesday. Hallador Energy has a 52 week low of $3.95 and a 52 week high of $10.40. The stock’s 50 day moving average is $8.75 and its 200-day moving average is $6.35. The firm has a market cap of $270.73 million, a PE ratio of 16.29 and a beta of -0.21.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 18th. Investors of record on Monday, October 31st were paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 1.73%. The ex-dividend date of this dividend was Thursday, October 27th. Hallador Energy’s payout ratio is 28.57%.

In related news, insider Brent K. Bilsland sold 123,586 shares of the business’s stock in a transaction that occurred on Friday, September 9th. The stock was sold at an average price of $7.12, for a total transaction of $879,932.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 55.66% of the company’s stock.

A number of large investors have recently bought and sold shares of the company. Paloma Partners Management Co acquired a new stake in Hallador Energy during the second quarter valued at $232,000. Eagle Global Advisors LLC boosted its stake in Hallador Energy by 114.2% in the second quarter. Eagle Global Advisors LLC now owns 35,070 shares of the company’s stock valued at $162,000 after buying an additional 18,700 shares during the last quarter. Menta Capital LLC boosted its stake in Hallador Energy by 0.3% in the second quarter. Menta Capital LLC now owns 96,610 shares of the company’s stock valued at $446,000 after buying an additional 283 shares during the last quarter. Martingale Asset Management L P boosted its stake in Hallador Energy by 1.5% in the second quarter. Martingale Asset Management L P now owns 87,900 shares of the company’s stock valued at $407,000 after buying an additional 1,277 shares during the last quarter. Finally, HighTower Advisors LLC boosted its stake in Hallador Energy by 13.2% in the second quarter. HighTower Advisors LLC now owns 42,800 shares of the company’s stock valued at $198,000 after buying an additional 5,000 shares during the last quarter. Hedge funds and other institutional investors own 49.97% of the company’s stock.

Hallador Energy Company Profile

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