Hudson Bay Capital Management Adds $3M in Peabody Energy Corporation ($BTU)
Key Points
- Hudson Bay Capital Management changed its Peabody Energy Corporation ($BTU) stake by 5.5% last quarter, boosting to 2,238,356 shares worth $61.33 million.
- $BTU last traded around $27.40.
Hudson Bay Capital Management increased its position in Peabody Energy Corporation ($BTU) by 5.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,238,356 shares of Peabody Energy Corporation after buying 115,694 shares during the quarter. Hudson Bay Capital Management's holdings in Peabody Energy Corporation were worth $61.33 million as of its most recent filing.
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About Peabody Energy Corporation
Peabody Energy Corporation engages in the production of metallurgical and thermal coal. It operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, and Other U.S. Thermal segments. The company operates mines in New South Wales and Queensland in Australia and in Alabama and Wyoming in the United States; mining, preparation, and sale of thermal coal, sold primarily to electric utilities; surface mining extraction processes, coal with a lower sulfur content, and Btu; and mining sub-bituminous coal deposits. It also supplies coal primarily to electricity generators, industrial facilities, and steel manufacturers. The company was founded in 1883 and is headquartered in Saint Louis, Missouri.
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