AK Steel Holding (AKS) Stock “Equal-Weight” Rating Reconfirmed at Morgan Stanley; The Price Target is Set to $6; Hallador Energy Co Has 1.19 Sentiment

AK Steel Holding Corporation (NYSE:AKS) Logo

Morgan Stanley currently has a $6 target price on the $1.47 billion market cap company or 28.21% upside potential. In an analyst report released on 17 April, AK Steel Holding (NYSE:AKS) stock had its “Equal-Weight” Rating kept by research analysts at Morgan Stanley.

Hallador Energy Co (HNRG) investors sentiment increased to 1.19 in 2017 Q4. It’s up 0.19, from 1 in 2017Q3. The ratio increased, as 37 funds increased or started new equity positions, while 31 sold and reduced their stock positions in Hallador Energy Co. The funds in our database now have: 10.75 million shares, down from 11.36 million shares in 2017Q3. Also, the number of funds holding Hallador Energy Co in top ten equity positions was flat from 1 to 1 for the same number . Sold All: 11 Reduced: 20 Increased: 20 New Position: 17.

Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company has market cap of $205.80 million. The firm holds interests in the Oaktown 1 underground mine located in Knox County, Indiana; the Oaktown 2 mine located in Knox County, Indiana and Lawrence County, Illinois; Carlisle underground coal mine located near the town of Carlisle, Indiana; Ace in the Hole mine located near Clay City, Indiana; and Bulldog underground mine located in Vermillion County, Illinois. It has a 6.36 P/E ratio. It is also involved in gas and oil exploration activities in Michigan and Indiana.

Lubar & Co. Inc holds 20.24% of its portfolio in Hallador Energy Company for 2.79 million shares. Cornercap Investment Counsel Inc owns 201,307 shares or 0.17% of their US portfolio. Moreover, Cove Street Capital Llc has 0.12% invested in the company for 182,114 shares. The New York-based Robotti Robert has invested 0.07% in the stock. Matarin Capital Management Llc, a Connecticut-based fund reported 105,445 shares.

The stock increased 5.05% or $0.33 during the last trading session, reaching $6.87. About 15,703 shares traded. Hallador Energy Company (HNRG) has declined 10.76% since April 17, 2017 and is downtrending. It has underperformed by 22.31% the S&P500.

Investors sentiment increased to 1.13 in 2017 Q4. Its up 0.30, from 0.83 in 2017Q3. It improved, as 52 investors sold AK Steel Holding Corporation shares while 51 reduced holdings. 44 funds opened positions while 72 raised stakes. 208.02 million shares or 5.36% more from 197.43 million shares in 2017Q3 were reported. Global X Mgmt Ltd stated it has 21,855 shares or 0% of all its holdings. Lombard Odier Asset Mgmt (Usa) stated it has 0.06% in AK Steel Holding Corporation (NYSE:AKS). Moreover, Ameriprise Financial has 0.01% invested in AK Steel Holding Corporation (NYSE:AKS) for 4.19 million shares. Texas-based Bridgeway Capital Management Inc has invested 0.01% in AK Steel Holding Corporation (NYSE:AKS). Public Employees Retirement Systems Of Ohio holds 0% of its portfolio in AK Steel Holding Corporation (NYSE:AKS) for 12,450 shares. Bw Gestao De Investimentos Ltda has 2.24% invested in AK Steel Holding Corporation (NYSE:AKS) for 2.75 million shares. First Allied Advisory holds 0% or 18,362 shares in its portfolio. Moreover, Cushing Asset Limited Partnership has 0.1% invested in AK Steel Holding Corporation (NYSE:AKS). City invested in 1,550 shares or 0% of the stock. California Pub Employees Retirement Sys invested in 0% or 428,300 shares. Slate Path Cap Ltd Partnership reported 180,000 shares. Amalgamated Natl Bank holds 0.01% or 45,356 shares. Millennium Management Ltd has invested 0.03% in AK Steel Holding Corporation (NYSE:AKS). Focused Wealth Mngmt Inc accumulated 26,000 shares or 0.05% of the stock. Ameritas Partners owns 27,698 shares.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless, and electrical steels and tubular products in the United States and internationally. The company has market cap of $1.47 billion. It produces flat-rolled carbon steel products, including coated, cold-rolled, and hot-rolled carbon steel products; specialty stainless and electrical steels in sheet and strip forms; and carbon and stainless steel that is finished into welded steel tubing. It has a 233.75 P/E ratio. The firm also buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania.

Analysts await AK Steel Holding Corporation (NYSE:AKS) to report earnings on April, 30 before the open. They expect $0.03 earnings per share, down 84.21% or $0.16 from last year’s $0.19 per share. AKS’s profit will be $9.45M for 39.00 P/E if the $0.03 EPS becomes a reality. After $-0.06 actual earnings per share reported by AK Steel Holding Corporation for the previous quarter, Wall Street now forecasts -150.00% EPS growth.

The stock increased 3.20% or $0.14 during the last trading session, reaching $4.68. About 8.89M shares traded. AK Steel Holding Corporation (NYSE:AKS) has declined 38.26% since April 17, 2017 and is downtrending. It has underperformed by 49.81% the S&P500.

Among 21 analysts covering AK Steel Holding Corporation (NYSE:AKS), 8 have Buy rating, 2 Sell and 11 Hold. Therefore 38% are positive. AK Steel Holding Corporation has $10 highest and $1 lowest target. $6.19’s average target is 32.26% above currents $4.68 stock price. AK Steel Holding Corporation had 85 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was downgraded by Bank of America to “Neutral” on Tuesday, September 8. The stock of AK Steel Holding Corporation (NYSE:AKS) earned “Neutral” rating by Longbow on Thursday, July 27. BB&T Capital initiated the stock with “Hold” rating in Thursday, September 10 report. The rating was maintained by KeyBanc Capital Markets with “Hold” on Monday, September 18. The rating was initiated by Rosenblatt on Monday, August 22 with “Buy”. Deutsche Bank maintained the stock with “Hold” rating in Friday, October 28 report. The firm has “Buy” rating given on Wednesday, December 20 by Longbow. Barclays Capital maintained the shares of AKS in report on Tuesday, January 12 with “Equal-Weight” rating. The rating was downgraded by UBS on Friday, April 8 to “Sell”. On Tuesday, January 30 the stock rating was maintained by Jefferies with “Hold”.

Hallador Energy Company (NASDAQ:HNRG) Institutional Positions Chart