6 days Ago By Defense World Staff
Alliancebernstein L.P. increased its stake in Alpha Metallurgical Resources, Inc.
( NYSE:AMR – Free Report ) by 1.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,566 shares of the energy company’s stock after acquiring an additional 200 shares during the period.
Alliancebernstein L.P. owned approximately 0.
15% of Alpha Metallurgical Resources worth $3,916,000 as of its most recent SEC filing. Several other large investors also recently added to or reduced their stakes in AMR. Norges Bank bought a new stake in shares of Alpha Metallurgical Resources in the 4th quarter valued at about $26,332,000.
American Century Companies Inc. lifted its position in Alpha Metallurgical Resources by 9.8% during the fourth quarter.
American Century Companies Inc. now owns 359,006 shares of the energy company’s stock valued at $71,844,000 after acquiring an additional 32,027 shares during the last quarter. Hosking Partners LLP raised its stake in Alpha Metallurgical Resources by 76.
6% in the fourth quarter. Hosking Partners LLP now owns 55,220 shares of the energy company’s stock valued at $11,051,000 after buying an additional 23,944 shares during the last quarter. Charles Schwab Investment Management Inc.
grew its position in Alpha Metallurgical Resources by 12.7% during the 4th quarter. Charles Schwab Investment Management Inc.
now owns 183,519 shares of the energy company’s stock worth $36,726,000 after purchasing an additional 20,636 shares during the last quarter. Finally, Ruffer LLP purchased a new stake in Alpha Metallurgical Resources during the 4th quarter valued at about $4,100,000. 84.
29% of the stock is owned by institutional investors. Analyst Upgrades and Downgrades Separately, B. Riley cut their price target on shares of Alpha Metallurgical Resources from $272.
00 to $183.00 and set a “buy” rating on the stock in a report on Friday. Alpha Metallurgical Resources Stock Performance NYSE AMR opened at $116.
13 on Tuesday. The firm has a market capitalization of $1.52 billion, a P/E ratio of 4.
26 and a beta of 1.08. The stock has a 50-day simple moving average of $138.
97 and a two-hundred day simple moving average of $188.21. Alpha Metallurgical Resources, Inc.
has a fifty-two week low of $100.00 and a fifty-two week high of $361.17.
Alpha Metallurgical Resources ( NYSE:AMR – Get Free Report ) last announced its quarterly earnings results on Friday, February 28th. The energy company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.
07) by ($0.09). The company had revenue of $617.
30 million during the quarter, compared to analyst estimates of $658.20 million. Alpha Metallurgical Resources had a net margin of 11.
08% and a return on equity of 22.65%. The company’s revenue was down 35.
7% compared to the same quarter last year. During the same period in the previous year, the firm posted $12.88 earnings per share.
As a group, analysts forecast that Alpha Metallurgical Resources, Inc. will post 14.31 earnings per share for the current year.
Alpha Metallurgical Resources Profile ( Free Report ) Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities.
The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021. Read More Five stocks we like better than Alpha Metallurgical Resources How to Evaluate a Stock Before Buying Why NVIDIA Stock Could Soar Despite Wall Street Downgrades How to Profit From Growth Investing Top 3 Large Cap Stocks Insiders Bought in Q1: Buy, Sell, or Hold Manufacturing Stocks Investing 3 Hot New IPOs Defying the 2025 Market Slump Receive News & Ratings for Alpha Metallurgical Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alpha Metallurgical Resources and related companies with MarketBeat.com's FREE daily email newsletter .
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