Barclays PLC Buys 37,080 Shares of CONSOL Energy Inc. (NYSE:CEIX)

Barclays PLC grew its stake in CONSOL Energy Inc. (NYSE:CEIX - Free Report) by 158.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,521 shares of the company's stock after buying an additional 37,080 shares during the quarter. Barclays PLC owned approximately 0.21% of CONSOL Energy worth $6,332,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CEIX. Blue Trust Inc. increased its holdings in CONSOL Energy by 2,931.3% in the 2nd quarter. Blue Trust Inc. now owns 485 shares of the company's stock worth $49,000 after acquiring an additional 469 shares in the last quarter. Arkadios Wealth Advisors purchased a new stake in shares of CONSOL Energy in the second quarter worth $311,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of CONSOL Energy by 22.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,417 shares of the company's stock valued at $553,000 after purchasing an additional 978 shares during the period. Empirical Finance LLC lifted its stake in shares of CONSOL Energy by 1.9% during the 2nd quarter. Empirical Finance LLC now owns 11,583 shares of the company's stock valued at $1,182,000 after buying an additional 217 shares in the last quarter. Finally, Commonwealth Equity Services LLC bought a new position in CONSOL Energy in the 2nd quarter worth $230,000. Institutional investors own 86.54% of the company's stock.

CONSOL Energy Price Performance

Shares of CEIX stock traded down $4.60 during mid-day trading on Friday, hitting $103.69. The company had a trading volume of 1,193,027 shares, compared to its average volume of 488,761. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.38 and a quick ratio of 1.16. The stock's 50 day moving average price is $118.56 and its 200-day moving average price is $105.42. CONSOL Energy Inc. has a 52-week low of $75.43 and a 52-week high of $134.59. The company has a market capitalization of $3.05 billion, a P/E ratio of 7.61 and a beta of 1.76.

CONSOL Energy (NYSE:CEIX - Get Free Report) last announced its quarterly earnings results on Tuesday, November 5th. The company reported $3.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.17 by $0.05. CONSOL Energy had a net margin of 18.02% and a return on equity of 28.96%. The company had revenue of $574.90 million for the quarter, compared to the consensus estimate of $554.00 million. During the same period in the previous year, the firm posted $3.11 EPS. CONSOL Energy's revenue for the quarter was up .9% compared to the same quarter last year. Equities research analysts forecast that CONSOL Energy Inc. will post 11.57 earnings per share for the current year.

CONSOL Energy Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Friday, November 15th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date was Friday, November 15th. CONSOL Energy's payout ratio is presently 7.34%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on CEIX shares. B. Riley increased their price target on CONSOL Energy from $109.00 to $138.00 and gave the stock a "buy" rating in a research note on Monday, October 7th. Benchmark increased their target price on CONSOL Energy from $105.00 to $140.00 and gave the stock a "buy" rating in a research report on Monday, November 18th.

CONSOL Energy Company 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.