4,671 Shares in CONSOL Energy Inc. (NYSE:CEIX) Bought by Centiva Capital LP

Centiva Capital LP acquired a new position in shares of CONSOL Energy Inc. (NYSE:CEIX - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 4,671 shares of the company's stock, valued at approximately $489,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CEIX. Blue Trust Inc. lifted its stake in CONSOL Energy by 2,931.3% during the second quarter. Blue Trust Inc. now owns 485 shares of the company's stock worth $49,000 after purchasing an additional 469 shares during the last quarter. Sound Income Strategies LLC bought a new stake in CONSOL Energy during the third quarter worth about $51,000. CWM LLC lifted its stake in CONSOL Energy by 70.7% during the second quarter. CWM LLC now owns 531 shares of the company's stock worth $54,000 after purchasing an additional 220 shares during the last quarter. Quest Partners LLC bought a new stake in CONSOL Energy during the third quarter worth about $104,000. Finally, KBC Group NV lifted its stake in CONSOL Energy by 33.2% during the third quarter. KBC Group NV now owns 1,019 shares of the company's stock worth $107,000 after purchasing an additional 254 shares during the last quarter. 86.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CEIX. B. Riley boosted their target price on CONSOL Energy from $109.00 to $138.00 and gave the company a "buy" rating in a research note on Monday, October 7th. Benchmark upped their price target on CONSOL Energy from $105.00 to $140.00 and gave the company a "buy" rating in a research report on Monday, November 18th.

CONSOL Energy Stock Down 0.9 %

CEIX stock traded down $1.05 during midday trading on Monday, hitting $116.06. The company's stock had a trading volume of 356,048 shares, compared to its average volume of 486,915. The company has a market cap of $3.41 billion, a PE ratio of 8.52 and a beta of 1.76. CONSOL Energy Inc. has a 12 month low of $75.43 and a 12 month high of $134.59. The company has a current ratio of 1.38, a quick ratio of 1.16 and a debt-to-equity ratio of 0.05. The firm's 50-day moving average is $117.09 and its 200-day moving average is $104.63.

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

CONSOL Energy Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Friday, November 15th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.00 annualized dividend and a dividend yield of 0.86%. CONSOL Energy's payout ratio is 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.