Barrow Hanley Mewhinney & Strauss LLC Sells 26,165 Shares of Peabody Energy Co. (NYSE:BTU)

Barrow Hanley Mewhinney & Strauss LLC cut its holdings in shares of Peabody Energy Co. (NYSE:BTU) by 23.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,162 shares of the coal producer’s stock after selling 26,165 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned approximately 0.08% of Peabody Energy worth $2,657,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Peabody Energy by 2.0% during the 3rd quarter. Vanguard Group Inc. now owns 8,245,056 shares of the coal producer’s stock worth $293,854,000 after acquiring an additional 160,452 shares during the period. Vanguard Group Inc lifted its holdings in shares of Peabody Energy by 2.0% during the 3rd quarter. Vanguard Group Inc now owns 8,245,056 shares of the coal producer’s stock worth $293,854,000 after acquiring an additional 160,452 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Peabody Energy by 3.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,398,714 shares of the coal producer’s stock worth $103,594,000 after acquiring an additional 106,490 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Peabody Energy by 90.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,593,969 shares of the coal producer’s stock worth $92,449,000 after acquiring an additional 1,233,753 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in shares of Peabody Energy by 11.1% during the 3rd quarter. Renaissance Technologies LLC now owns 1,837,509 shares of the coal producer’s stock worth $65,489,000 after acquiring an additional 183,209 shares during the period.

Several equities analysts recently commented on BTU shares. Zacks Investment Research downgraded shares of Peabody Energy from a “buy” rating to a “hold” rating in a research note on Friday, April 12th. MKM Partners decreased their price target on shares of Peabody Energy from $44.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, April 10th. Deutsche Bank began coverage on shares of Peabody Energy in a research report on Sunday, March 31st. They set a “buy” rating and a $33.00 price objective for the company. Credit Suisse Group began coverage on shares of Peabody Energy in a research report on Wednesday, March 20th. They set an “outperform” rating and a $42.00 price objective for the company. Finally, BMO Capital Markets began coverage on shares of Peabody Energy in a research report on Wednesday, March 20th. They set a “market perform” rating and a $34.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. Peabody Energy has a consensus rating of “Hold” and an average target price of $37.50.

In other Peabody Energy news, EVP A. Verona Dorch sold 33,527 shares of Peabody Energy stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $27.98, for a total value of $938,085.46. Following the sale, the executive vice president now owns 77,289 shares of the company’s stock, valued at $2,162,546.22. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider George John Schuller, Jr. sold 16,971 shares of Peabody Energy stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $27.98, for a total transaction of $474,848.58. Following the completion of the sale, the insider now directly owns 45,164 shares in the company, valued at approximately $1,263,688.72. The disclosure for this sale can be found here. Insiders have sold 58,979 shares of company stock worth $1,663,697 over the last three months. 0.75% of the stock is owned by insiders.

NYSE:BTU traded up $0.36 during trading hours on Friday, reaching $28.62. The company had a trading volume of 730,249 shares, compared to its average volume of 774,566. The company has a current ratio of 1.85, a quick ratio of 1.58 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 9.09 and a beta of 0.62. Peabody Energy Co. has a twelve month low of $27.10 and a twelve month high of $47.84.

Peabody Energy (NYSE:BTU) last released its quarterly earnings data on Wednesday, February 6th. The coal producer reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.20. Peabody Energy had a net margin of 11.73% and a return on equity of 14.57%. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period last year, the firm earned $2.47 earnings per share. The business’s quarterly revenue was down 7.9% compared to the same quarter last year. Equities analysts predict that Peabody Energy Co. will post 1.81 earnings per share for the current fiscal year.

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Peabody Energy Profile

Peabody Energy Corporation engages in coal mining business. The company operates through Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Seaborne Metallurgical Mining, Seaborne Thermal Mining, and Corporate and Other segments. It is involved in mining, preparation, and sale of thermal coal primarily to electric utilities; mining bituminous and sub-bituminous coal deposits; and mining metallurgical coal, such as hard coking coal, semi-hard coking coal, semi-soft coking coal, and pulverized coal injection coal.

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Institutional Ownership by Quarter for Peabody Energy (NYSE:BTU)

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