International Assets Investment Management LLC Invests $10.03 Million in CONSOL Energy Inc. (NYSE:CEIX)

International Assets Investment Management LLC bought a new position in CONSOL Energy Inc. (NYSE:CEIX - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 95,859 shares of the company's stock, valued at approximately $10,032,000. International Assets Investment Management LLC owned 0.33% of CONSOL Energy at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its stake in shares of CONSOL Energy by 2,931.3% during 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. Sound Income Strategies LLC acquired a new position in CONSOL Energy during the third quarter valued at approximately $51,000. CWM LLC grew its stake in CONSOL Energy by 70.7% in the second 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 worth approximately $56,000. Finally, GAMMA Investing LLC raised its stake in shares of CONSOL Energy by 54.1% during the 2nd quarter. GAMMA Investing LLC now owns 880 shares of the company's stock worth $90,000 after purchasing an additional 309 shares in the last quarter. Institutional investors own 86.54% of the company's stock.

Wall Street Analyst Weigh In

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

CONSOL Energy Stock Performance

Shares of CEIX stock traded up $1.26 on Thursday, reaching $110.92. The stock had a trading volume of 314,808 shares, compared to its average volume of 476,551. CONSOL Energy Inc. has a 12 month low of $75.43 and a 12 month high of $114.30. The firm has a market capitalization of $3.26 billion, a price-to-earnings ratio of 6.73 and a beta of 1.73. The firm's 50-day moving average is $101.46 and its two-hundred day moving average is $97.12. 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 released its quarterly earnings data on Thursday, August 8th. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.68. CONSOL Energy had a return on equity of 30.50% and a net margin of 18.28%. The firm had revenue of $501.10 million for the quarter, compared to analyst estimates of $429.90 million. During the same quarter in the prior year, the company earned $4.94 earnings per share. On average, research analysts expect that CONSOL Energy Inc. will post 11.53 EPS for the current fiscal year.

CONSOL Energy Cuts Dividend

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

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.