CONSOL Energy Inc. (NYSE:CEIX) Shares Sold by PDT Partners LLC

PDT Partners LLC decreased its position in CONSOL Energy Inc. (NYSE:CEIX - Free Report) by 69.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,132 shares of the company's stock after selling 20,723 shares during the period. PDT Partners LLC's holdings in CONSOL Energy were worth $956,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CEIX. Blue Trust Inc. lifted its position in 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 during the period. Sound Income Strategies LLC acquired a new position in CONSOL Energy during the third quarter worth $51,000. CWM LLC lifted its holdings in CONSOL Energy by 70.7% during 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. GAMMA Investing LLC grew its position 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 purchasing an additional 309 shares during the period. Finally, Quest Partners LLC purchased a new stake in shares of CONSOL Energy during the third quarter worth about $104,000. Institutional investors and hedge funds own 86.54% of the company's stock.

CONSOL Energy Trading Down 2.1 %

Shares of CEIX traded down $2.75 during mid-day trading on Monday, reaching $127.95. The stock had a trading volume of 369,477 shares, compared to its average volume of 489,407. CONSOL Energy Inc. has a 52-week low of $75.43 and a 52-week high of $134.59. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of 9.39 and a beta of 1.73. The business's fifty day moving average is $115.22 and its 200 day moving average is $103.68. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.38 and a quick ratio of 1.16.

CONSOL Energy (NYSE:CEIX - Get Free Report) last posted 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. CONSOL Energy had a net margin of 18.02% and a return on equity of 28.96%. The business had revenue of $574.90 million during the quarter, compared to analysts' expectations of $554.00 million. During the same quarter in the prior year, the company posted $3.11 EPS. The business's revenue for the quarter was up .9% on a year-over-year basis. On average, sell-side analysts predict that CONSOL Energy Inc. will post 11.57 EPS for the current fiscal year.

CONSOL Energy Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Friday, November 15th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend was Friday, November 15th. CONSOL Energy's dividend payout ratio (DPR) is presently 7.34%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. B. Riley lifted their target price 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. Benchmark boosted their target price on CONSOL Energy from $105.00 to $140.00 and gave the stock a "buy" rating in a 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.