Russell Investments Group Ltd. Buys Shares of 105,455 Westmoreland Coal Company (WLB)

Russell Investments Group Ltd. purchased a new position in shares of Westmoreland Coal Company (NASDAQ:WLB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 105,455 shares of the company’s stock, valued at approximately $1,925,000.

Other large investors have also recently added to or reduced their stakes in the company. Monarch Partners Asset Management LLC raised its stake in Westmoreland Coal Company by 11.9% in the third quarter. Monarch Partners Asset Management LLC now owns 23,490 shares of the company’s stock worth $208,000 after buying an additional 2,500 shares in the last quarter. Wells Fargo & Company MN raised its stake in Westmoreland Coal Company by 216.9% in the third quarter. Wells Fargo & Company MN now owns 15,879 shares of the company’s stock worth $141,000 after buying an additional 10,869 shares in the last quarter. Gendell Jeffrey L raised its stake in Westmoreland Coal Company by 1.3% in the third quarter. Gendell Jeffrey L now owns 1,205,836 shares of the company’s stock worth $10,683,000 after buying an additional 15,000 shares in the last quarter. Strs Ohio purchased a new stake in Westmoreland Coal Company during the third quarter worth about $379,000. Finally, Spark Investment Management LLC purchased a new stake in Westmoreland Coal Company during the third quarter worth about $653,000. Institutional investors and hedge funds own 68.77% of the company’s stock.

Institutional Ownership by Quarter for Westmoreland Coal Company (NASDAQ:WLB)

Shares of Westmoreland Coal Company (NASDAQ:WLB) opened at 14.07 on Friday. The firm’s market cap is $261.28 million. Westmoreland Coal Company has a 12-month low of $6.14 and a 12-month high of $19.92. The stock’s 50 day moving average is $14.99 and its 200-day moving average is $14.11.

ILLEGAL ACTIVITY WARNING: “Russell Investments Group Ltd. Buys Shares of 105,455 Westmoreland Coal Company (WLB)” was published by Web Breaking News and is the property of of Web Breaking News. If you are reading this news story on another publication, it was illegally copied and republished in violation of United States & international copyright law. The legal version of this news story can be viewed at http://www.webbreakingnews.com/2017/03/25/russell-investments-group-ltd-buys-shares-of-105455-westmoreland-coal-company-wlb.html.

Separately, Zacks Investment Research lowered shares of Westmoreland Coal Company from a “buy” rating to a “hold” rating in a report on Wednesday, January 11th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $14.56.

About Westmoreland Coal Company

Westmoreland Coal Company is an energy company. The Company operates through six segments: Coal – U.S., Coal – Canada, Coal – Westmoreland Resource Partners, LP (WMLP), Power, Heritage and Corporate. Coal – U.S. segment includes the operations of coal mines located in Montana, North Dakota, Ohio, Texas and New Mexico.

5 Day Chart for NASDAQ:WLB

Want to see what other hedge funds are holding WLB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Westmoreland Coal Company (NASDAQ:WLB).

Receive News & Ratings for Westmoreland Coal Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westmoreland Coal Company and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Nike Suspends Relationship with Maria Sharapova
Nike Suspends Relationship with Maria Sharapova
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Ron Washington Leaves Texas Rangers Due to an Affair
Ron Washington Leaves Texas Rangers Due to an Affair
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Tony Stewart Case Going to the Grand Jury
Tony Stewart Case Going to the Grand Jury
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder


Leave a Reply

 
© 2006-2017 Web Breaking News.