WINTON GROUP Ltd raised its stake in shares of Arch Coal Inc (NYSE:ARCH) by 129.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,267 shares of the energy company’s stock after buying an additional 6,925 shares during the period. WINTON GROUP Ltd owned about 0.07% of Arch Coal worth $1,156,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. FMR LLC grew its position in shares of Arch Coal by 35.9% during the 4th quarter. FMR LLC now owns 466 shares of the energy company’s stock valued at $39,000 after acquiring an additional 123 shares during the period. Penn Capital Management Co. Inc. grew its position in shares of Arch Coal by 2.0% during the 1st quarter. Penn Capital Management Co. Inc. now owns 7,719 shares of the energy company’s stock valued at $2,095,000 after acquiring an additional 148 shares during the period. Rhumbline Advisers grew its position in shares of Arch Coal by 0.8% during the 1st quarter. Rhumbline Advisers now owns 26,051 shares of the energy company’s stock valued at $2,378,000 after acquiring an additional 202 shares during the period. Squarepoint Ops LLC grew its position in shares of Arch Coal by 1.4% during the 4th quarter. Squarepoint Ops LLC now owns 17,241 shares of the energy company’s stock valued at $1,431,000 after acquiring an additional 235 shares during the period. Finally, Alpha Windward LLC grew its position in shares of Arch Coal by 8.4% during the 1st quarter. Alpha Windward LLC now owns 5,400 shares of the energy company’s stock valued at $493,000 after acquiring an additional 420 shares during the period.

A number of equities research analysts have recently issued reports on the stock. BMO Capital Markets boosted their price objective on shares of Inflarx to $64.00 and gave the company an “outperform” rating in a research report on Wednesday, April 24th. ValuEngine downgraded shares of Viewray from a “buy” rating to a “hold” rating in a report on Wednesday, April 24th. Zacks Investment Research downgraded shares of Phoenix New Media from a “hold” rating to a “sell” rating in a report on Tuesday. Finally, TheStreet downgraded shares of Virtusa from a “b-” rating to a “c+” rating in a report on Wednesday, May 29th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $113.40.

Arch Coal stock traded up $2.43 during mid-day trading on Friday, hitting $91.48. The stock had a trading volume of 330,591 shares, compared to its average volume of 194,963. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 6.04 and a beta of 0.30. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.67 and a quick ratio of 2.31. The company has a 50 day moving average of $90.27. Arch Coal Inc has a one year low of $78.05 and a one year high of $101.92.

Arch Coal (NYSE:ARCH) last issued its earnings results on Wednesday, July 24th. The energy company reported $3.53 earnings per share for the quarter, topping the consensus estimate of $3.23 by $0.30. The company had revenue of $570.22 million during the quarter, compared to the consensus estimate of $558.75 million. Arch Coal had a net margin of 14.31% and a return on equity of 48.65%. Arch Coal’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.06 EPS. On average, research analysts predict that Arch Coal Inc will post 18.43 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, August 30th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.97%. The ex-dividend date is Thursday, August 29th. Arch Coal’s dividend payout ratio is currently 11.88%.

Arch Coal Company Profile

Arch Coal, Inc produces and sells thermal and metallurgical coal from surface and underground mines. As of December 31, 2018, the company operated nine active mines. It also owned or controlled primarily through long-term leases approximately 28,292 acres of coal land in Ohio; 1,060 acres of coal land in Maryland; 10,195 acres of coal land in Virginia; 359,122 acres of coal land in West Virginia; 81,868 acres of coal land in Wyoming; 268,802 acres of coal land in Illinois; 33,527 acres of coal land in Kentucky; 9,840 acres of coal land in Montana; 21,802 acres of coal land in New Mexico; 358 acres of coal land in Pennsylvania; and 19,146 acres of coal land in Colorado, as well as owned or controlled through long-term leases smaller parcels of property in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas.

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Institutional Ownership by Quarter for Arch Coal (NYSE:ARCH)

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