Empowered Funds LLC Has $2.71 Million Holdings in Core Natural Resources, Inc. (NYSE:CNR)

Empowered Funds LLC trimmed its position in Core Natural Resources, Inc. (NYSE:CNR - Free Report) by 71.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,159 shares of the energy company's stock after selling 48,865 shares during the period. Empowered Funds LLC owned approximately 0.11% of Core Natural Resources worth $2,706,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. GAMMA Investing LLC raised its position in shares of Core Natural Resources by 340.5% in the 4th quarter. GAMMA Investing LLC now owns 185 shares of the energy company's stock valued at $26,000 after acquiring an additional 143 shares during the period. Fortitude Family Office LLC raised its position in shares of Core Natural Resources by 63.8% in the 4th quarter. Fortitude Family Office LLC now owns 267 shares of the energy company's stock valued at $28,000 after acquiring an additional 104 shares during the period. Quest Partners LLC acquired a new stake in shares of Core Natural Resources in the 3rd quarter valued at approximately $50,000. KBC Group NV raised its position in shares of Core Natural Resources by 43.3% in the 3rd quarter. KBC Group NV now owns 569 shares of the energy company's stock valued at $79,000 after acquiring an additional 172 shares during the period. Finally, AdvisorNet Financial Inc acquired a new stake in shares of Core Natural Resources in the 4th quarter valued at approximately $64,000. 86.54% of the stock is currently owned by institutional investors and hedge funds.

Core Natural Resources Stock Down 6.8 %

Shares of NYSE CNR traded down $5.81 during midday trading on Monday, reaching $79.35. The company's stock had a trading volume of 1,221,205 shares, compared to its average volume of 1,259,178. The company has a current ratio of 1.38, a quick ratio of 1.16 and a debt-to-equity ratio of 0.05. Core Natural Resources, Inc. has a fifty-two week low of $75.43 and a fifty-two week high of $134.59. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 5.83 and a beta of 1.74. The stock has a 50 day simple moving average of $132.22 and a 200-day simple moving average of $138.89.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CNR shares. StockNews.com initiated coverage on shares of Core Natural Resources in a research report on Thursday, January 30th. They issued a "hold" rating on the stock. Jefferies Financial Group upgraded shares of Core Natural Resources from a "hold" rating to a "buy" rating and dropped their target price for the stock from $165.00 to $150.00 in a report on Monday, January 6th. Benchmark raised their target price on shares of Core Natural Resources from $105.00 to $140.00 and gave the stock a "buy" rating in a report on Monday, November 18th. Finally, Piper Sandler upgraded shares of Core Natural Resources from a "neutral" rating to an "overweight" rating and dropped their target price for the stock from $165.00 to $150.00 in a report on Monday, January 6th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $158.83.

Core Natural Resources Profile

Core Natural Resources, 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.