GAMMA Investing LLC boosted its holdings in shares of CONSOL Energy Inc. (NYSE:CEIX – Free Report) by 25.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,504 shares of the company’s stock after buying an additional 304 shares during the period. GAMMA Investing LLC’s holdings in CONSOL Energy were worth $160,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of CEIX. Geode Capital Management LLC raised its stake in shares of CONSOL Energy by 4.4% in the 3rd quarter. Geode Capital Management LLC now owns 751,044 shares of the company’s stock valued at $78,609,000 after acquiring an additional 31,310 shares in the last quarter. American Century Companies Inc. grew its holdings in CONSOL Energy by 6.8% during the second quarter. American Century Companies Inc. now owns 611,291 shares of the company’s stock valued at $62,370,000 after purchasing an additional 38,669 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of CONSOL Energy by 0.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 385,258 shares of the company’s stock valued at $40,317,000 after purchasing an additional 990 shares during the period. Samlyn Capital LLC acquired a new stake in shares of CONSOL Energy in the second quarter worth $36,033,000. Finally, Victory Capital Management Inc. boosted its holdings in shares of CONSOL Energy by 578.7% during the 3rd quarter. Victory Capital Management Inc. now owns 265,133 shares of the company’s stock worth $27,746,000 after buying an additional 226,069 shares during the period. 86.54% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several brokerages recently commented on CEIX. B. Riley lifted their target price on shares of CONSOL Energy from $109.00 to $138.00 and gave the stock a “buy” rating in a report on Monday, October 7th. Benchmark lifted their price objective on CONSOL Energy from $105.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, November 18th.
CONSOL Energy Stock Down 0.6 %
Shares of CEIX stock opened at $105.85 on Thursday. CONSOL Energy Inc. has a 12 month low of $75.43 and a 12 month high of $134.59. The company has a quick ratio of 1.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.05. The firm has a market cap of $3.11 billion, a PE ratio of 7.77 and a beta of 1.80. The stock has a 50 day moving average of $117.78 and a 200-day moving average of $106.16.
CONSOL Energy (NYSE:CEIX – Get Free Report) last released its earnings results on Tuesday, November 5th. The company reported $3.22 EPS for the quarter, beating the consensus estimate of $3.17 by $0.05. CONSOL Energy had a net margin of 18.02% and a return on equity of 28.96%. The firm had revenue of $574.90 million during the quarter, compared to analysts’ expectations of $554.00 million. During the same period in the prior year, the company earned $3.11 EPS. The business’s quarterly revenue was up .9% compared to the same quarter last year. On average, equities analysts predict that CONSOL Energy Inc. will post 11.57 EPS for the current year.
CONSOL Energy Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Friday, November 15th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date of this dividend was Friday, November 15th. CONSOL Energy’s dividend payout ratio is currently 7.34%.
CONSOL Energy Profile
CONSOL Energy Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company's PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.
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