Value Hedge Funds are Winning in 2022 Thanks to These 5 Stocks

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In this article, we discuss the value hedge funds winning in 2022 and the 5 stocks that helped them do it. If you want to read about some more value stocks, go directly to Value Hedge Funds are Winning in 2022 Thanks to These 15 Stocks.

5. Alpha Metallurgical Resources, Inc. (NYSE:AMR)

Number of Hedge Fund Holders: 30

PE Ratio: 4.14

YTD Increase in Share Price as of June 16: 142.26%

Alpha Metallurgical Resources, Inc. (NYSE:AMR) operates as a mining firm. On May 5, the firm posted earnings for the first quarter of 2022, reporting earnings per share of $20.52, beating market estimates by $1.48. The revenue over the period was $1.07 billion, up 177% compared to the revenue over the same period last year and beating analyst expectations by more than $125 million. 

On May 6, B. Riley analyst Lucas Pipes maintained a Buy rating on Alpha Metallurgical Resources, Inc. (NYSE:AMR) stock and raised the price target to $181 from $155, appreciating the strong first quarter results of the company. 

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Hudson Bay Capital Management is a leading shareholder in Alpha Metallurgical Resources, Inc. (NYSE:AMR) with 859,597 shares worth more than $113 million. 

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