The number of shares now owned by investors are 363.6 mln. They issued a buy rating and a $53.00 price target on the stock.
Peabody Energy Corporation (NYSE:BTU) issued its earnings results on Tuesday, August 1st. The coal producer reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.93 by $1.11. The business had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.25 billion. The business's quarterly revenue was up 21.0% on a year-over-year basis. COPYRIGHT VIOLATION NOTICE: This piece of content was first published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of U.S. & global copyright & trademark laws.
Several other equities research analysts have also commented on the stock. Finally, Clarkson Capital reaffirmed a "buy" rating on shares of Peabody Energy Corporation in a report on Thursday, June 22nd. Trading volume for Peabody Energy Corporation was 0 in the last trading session. Seaport Global Securities upgraded shares of Peabody Energy Corporation from a "neutral" rating to a "buy" rating and set a $31.00 price objective on the stock in a research note on Monday, April 24th. Peabody Energy Corporation earned a daily sentiment score of 0.12 on Accern's scale.
On February 17 the company was rated "Neutral" in a report from Sterne Agee CRT a cut from the previous "Buy" rating.
In other Peabody Energy Corporation news, major shareholder Associates L.P. Elliott bought 9,428 shares of the stock in a transaction on Thursday, May 25th. The original version of this article can be viewed at https://www.baseball-news-blog.com/2017/08/12/elliott-international-l-p-has-stake-in-peabody-energy-corporation-nysebtu-updated-updated.html. The stock was purchased at an average cost of $24.94 per share, for a total transaction of $3,716,483.98.
01/12/2016 - Peabody Energy Corporation was downgraded to " by analysts at Jefferies. The firm's 50 day moving average price is $24.52 and its 200-day moving average price is $24.86. They now have a Dollars 2 price target on the stock. Finally, JB Investments Management LLC acquired a new stake in shares of Peabody Energy Corporation during the second quarter valued at $37,940,000. The shares were sold at an average price of $23.09, for a total transaction of $142,927,100.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Following the completion of the acquisition, the insider now owns 689,410 shares in the company, valued at $16,194,240.90. Current price places the company's stock 12.89% away from its 200-day simple moving average, 12.41%, away from the 50-day average and also 4.25% away from 20-day average. Also, insider Glenn L. Kellow bought 8,520 shares of the company's stock in a transaction on Monday, May 22nd. The disclosure for this purchase can be found here.
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The company is down from yesterday's close of $28.76.
A number of hedge funds and other institutional investors have recently modified their holdings of the company.
11/20/2015 - Peabody Energy Corporation was downgraded to " by analysts at UBS. Tokio Marine Asset Management Co.
Peabody Energy Corporation (NYSE BTU) opened at 28.76 on Wednesday. Strs Ohio acquired a new position in shares of Peabody Energy Corporation during the second quarter valued at about $933,000. The stock stands almost -0.4% off versus the 52-week high and 41.56% away from the 52-week low. Parkwood LLC acquired a new position in shares of Peabody Energy Corporation during the second quarter valued at about $594,000.
04/26/2017 - MKM Partners began new coverage on Peabody Energy Corporation giving the company a " rating.