CONSOL Energy Inc. (NYSE:CEIX) Holdings Cut by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC decreased its position in CONSOL Energy Inc. (NYSE:CEIX - Free Report) by 74.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,279 shares of the company's stock after selling 6,681 shares during the period. Lake Street Advisors Group LLC's holdings in CONSOL Energy were worth $238,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Blue Trust Inc. raised its stake in shares of CONSOL Energy by 2,931.3% during the second quarter. Blue Trust Inc. now owns 485 shares of the company's stock valued at $49,000 after purchasing an additional 469 shares in the last quarter. Sound Income Strategies LLC acquired a new stake in CONSOL Energy in the third quarter worth approximately $51,000. CWM LLC boosted its stake in CONSOL Energy by 70.7% during the 2nd quarter. CWM LLC now owns 531 shares of the company's stock valued at $54,000 after purchasing an additional 220 shares in the last quarter. EntryPoint Capital LLC acquired a new position in shares of CONSOL Energy during the 1st quarter valued at $56,000. Finally, GAMMA Investing LLC lifted its holdings in shares of CONSOL Energy by 54.1% in the second quarter. GAMMA Investing LLC now owns 880 shares of the company's stock valued at $90,000 after buying an additional 309 shares during the period. Institutional investors and hedge funds own 86.54% of the company's stock.

CONSOL Energy Price Performance

CONSOL Energy stock traded up $1.58 during mid-day trading on Monday, hitting $109.36. The company's stock had a trading volume of 238,665 shares, compared to its average volume of 478,222. The stock has a market capitalization of $3.21 billion, a P/E ratio of 6.63 and a beta of 1.73. CONSOL Energy Inc. has a twelve month low of $75.43 and a twelve month high of $114.30. The stock's fifty day moving average price is $100.59 and its two-hundred day moving average price is $96.66. The company has a quick ratio of 1.31, a current ratio of 1.55 and a debt-to-equity ratio of 0.13.

CONSOL Energy (NYSE:CEIX - Get Free Report) last issued its earnings results on Thursday, August 8th. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.28 by $0.68. CONSOL Energy had a return on equity of 30.50% and a net margin of 18.28%. The business had revenue of $501.10 million for the quarter, compared to analysts' expectations of $429.90 million. During the same period in the previous year, the firm posted $4.94 EPS. Research analysts forecast that CONSOL Energy Inc. will post 11.53 earnings per share for the current year.

CONSOL Energy Cuts Dividend

The company also recently announced a Variable dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 30th were issued a $0.25 dividend. This represents a dividend yield of 0.5%. The ex-dividend date was Friday, August 30th. CONSOL Energy's payout ratio is 1.52%.

Analyst Upgrades and Downgrades

Separately, B. Riley lifted their price objective on shares of CONSOL Energy from $109.00 to $138.00 and gave the stock a "buy" rating in a research note on Monday, October 7th.

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.