Todays Report: Today, FBR & Co Comments on Hallador Energy Co.’s FY2017 Earnings (HNRG)

Today, FBR & Co Comments on Hallador Energy Co.’s FY2017 Earnings (HNRG)

Hallador Energy Co. (NASDAQ:HNRG) – Research analysts at FBR & Co reduced their FY2017 earnings per share estimates for Hallador Energy in a report released on Wednesday. FBR & Co analyst L. Pipes now expects that the firm will post earnings of $0.31 per share for the year, down from their previous forecast of $0.33. FBR & Co has a “Outperform” rating and a $12.00 price target on the stock.

Separately, Zacks Investment Research raised shares of Hallador Energy from a “hold” rating to a “strong-buy” rating and set a $6.50 target price on the stock in a report on Thursday, August 11th.

Shares of Hallador Energy (NASDAQ:HNRG) opened at 9.11 on Monday. Hallador Energy has a 12 month low of $3.95 and a 12 month high of $10.40. The firm’s 50-day moving average is $8.75 and its 200 day moving average is $6.35. The stock has a market cap of $266.63 million, a PE ratio of 16.04 and a beta of -0.21.

The business also recently announced a quarterly dividend, which was paid on Friday, November 18th. Stockholders of record on Monday, October 31st were issued a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 1.73%. The ex-dividend date was Thursday, October 27th. Hallador Energy’s dividend payout ratio (DPR) is presently 28.57%.

In other news, insider Brent K. Bilsland sold 123,586 shares of the business’s stock in a transaction on Friday, September 9th. The shares were sold at an average price of $7.12, for a total value of $879,932.32. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 55.66% of the stock is currently owned by insiders.

Several institutional investors have recently added to or reduced their stakes in HNRG. Chartwell Investment Partners LLC bought a new position in Hallador Energy during the second quarter valued at approximately $3,217,000. Acadian Asset Management LLC boosted its stake in shares of Hallador Energy by 76.9% in the third quarter. Acadian Asset Management LLC now owns 1,132,813 shares of the company’s stock valued at $8,929,000 after buying an additional 492,337 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of Hallador Energy during the second quarter valued at $497,000. Morgan Stanley boosted its stake in shares of Hallador Energy by 62.3% in the third quarter. Morgan Stanley now owns 240,027 shares of the company’s stock valued at $1,891,000 after buying an additional 92,096 shares in the last quarter. Finally, Emerald Acquisition Ltd. acquired a new stake in shares of Hallador Energy during the second quarter valued at $373,000. 49.97% of the stock is currently owned by hedge funds and other institutional investors.

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Todays Report: Today, FBR & Co Comments on Hallador Energy Co.’s FY2017 Earnings (HNRG)

Today, FBR & Co Comments on Hallador Energy Co.’s FY2017 Earnings (HNRG)

Hallador Energy Co. (NASDAQ:HNRG) – Research analysts at FBR & Co reduced their FY2017 earnings per share estimates for Hallador Energy in a report released on Wednesday. FBR & Co analyst L. Pipes now expects that the firm will post earnings of $0.31 per share for the year, down from their previous forecast of $0.33. FBR & Co has a “Outperform” rating and a $12.00 price target on the stock.

Separately, Zacks Investment Research raised shares of Hallador Energy from a “hold” rating to a “strong-buy” rating and set a $6.50 target price on the stock in a report on Thursday, August 11th.

Shares of Hallador Energy (NASDAQ:HNRG) opened at 9.11 on Monday. Hallador Energy has a 12 month low of $3.95 and a 12 month high of $10.40. The firm’s 50-day moving average is $8.75 and its 200 day moving average is $6.35. The stock has a market cap of $266.63 million, a PE ratio of 16.04 and a beta of -0.21.

The business also recently announced a quarterly dividend, which was paid on Friday, November 18th. Stockholders of record on Monday, October 31st were issued a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 1.73%. The ex-dividend date was Thursday, October 27th. Hallador Energy’s dividend payout ratio (DPR) is presently 28.57%.

In other news, insider Brent K. Bilsland sold 123,586 shares of the business’s stock in a transaction on Friday, September 9th. The shares were sold at an average price of $7.12, for a total value of $879,932.32. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 55.66% of the stock is currently owned by insiders.

Several institutional investors have recently added to or reduced their stakes in HNRG. Chartwell Investment Partners LLC bought a new position in Hallador Energy during the second quarter valued at approximately $3,217,000. Acadian Asset Management LLC boosted its stake in shares of Hallador Energy by 76.9% in the third quarter. Acadian Asset Management LLC now owns 1,132,813 shares of the company’s stock valued at $8,929,000 after buying an additional 492,337 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of Hallador Energy during the second quarter valued at $497,000. Morgan Stanley boosted its stake in shares of Hallador Energy by 62.3% in the third quarter. Morgan Stanley now owns 240,027 shares of the company’s stock valued at $1,891,000 after buying an additional 92,096 shares in the last quarter. Finally, Emerald Acquisition Ltd. acquired a new stake in shares of Hallador Energy during the second quarter valued at $373,000. 49.97% of the stock is currently owned by hedge funds and other institutional investors.

About Hallador Energy

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