905,625 shares of the company were exchanged.
February 18 investment analysts at Barclays left the stock rating at "Underweight" and lowered the price expectation from $7.00 to $1.00. Alden Global Capital LLC acquired a new stake in shares of Peabody Energy Corporation during the second quarter valued at $50,824,000.
Peabody Energy Corporation (NYSE:BTU) last issued its earnings results on Tuesday, August 1st. The coal producer reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by $1.07. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.25 billion. The business's quarterly revenue was up 21.0% on a year-over-year basis.
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02/16/2016 - Peabody Energy Corporation was downgraded to " by analysts at BB&T Capital Markets.
A number of other equities research analysts have also recently issued reports on BTU. Stifel Nicolaus set a $32.00 price target on Peabody Energy Corporation and gave the company a "hold" rating in a research report on Wednesday. Trading volume for Peabody Energy Corporation was 0 on Wednesday. They issued a "buy" rating and a $53.00 price objective for the company.
04/26/2017 - Peabody Energy Corporation had its "overweight" rating reiterated by analysts at JP Morgan.
According to the latest research reports released, 1 analyst has issued a rating of "buy", 4 analysts "outperform", 1 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". Peabody Energy Corporation presently has a consensus rating of "Buy" and an average price target of $35.57.
10/28/2015 - Peabody Energy Corporation had its " rating reiterated by analysts at Cowen. The company's market capitalization is $2.73 billion. Peabody Energy Corporation has a 1-year low of $8.75 and a 1-year high of $32.50.
It is now trading at $28.22 which is marginally higher than the 50 day moving average which is $24.67 and marginally over the 200 day moving average of $24.92.
Several hedge funds have recently added to or reduced their stakes in BTU. Martingale Asset Management L P acquired a new position in shares of Peabody Energy Corporation during the second quarter worth about $301,000. Bank of New York Mellon Corp bought a new stake in Peabody Energy Corporation during the second quarter worth about $5,434,000. Pacific Heights Asset Management LLC purchased a new stake in shares of Peabody Energy Corporation during the second quarter valued at approximately $295,000. Peabody Energy Corporation's revenue was up 21.0% compared to the same quarter previous year. The stock was purchased at an average cost of $23.49 per share, with a total value of $200,134.80. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder Associates L.P. Elliott bought 149,017 shares of the stock in a transaction on Monday, May 15th. Seaport Global Securities raised shares of Peabody Energy Corporation from a neutral rating to a buy rating and set a $31.00 price target on the stock in a research note on Monday, April 24th. The disclosure for this purchase can be found here. Following the transaction, the insider now directly owns 689,410 shares of the company's stock, valued at $16,194,240.90.
In the market the company is trading down by -1.18 percent from yesterday's close.
04/26/2017 - MKM Partners began new coverage on Peabody Energy Corporation giving the company a "buy" rating.