Tidal Investments LLC decreased its position in shares of CONSOL Energy Inc. (NYSE:CEIX - Free Report) by 77.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,989 shares of the company's stock after selling 16,879 shares during the period. Tidal Investments LLC's holdings in CONSOL Energy were worth $522,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Sound Income Strategies LLC bought a new position in CONSOL Energy during the 3rd quarter valued at $51,000. Quest Partners LLC bought a new position in shares of CONSOL Energy during the third quarter worth about $104,000. KBC Group NV lifted its position in shares of 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. GAMMA Investing LLC raised its position in shares of CONSOL Energy by 36.4% during the 3rd quarter. GAMMA Investing LLC now owns 1,200 shares of the company's stock valued at $126,000 after acquiring an additional 320 shares in the last quarter. Finally, Avior Wealth Management LLC acquired a new stake in shares of CONSOL Energy during the 3rd quarter valued at approximately $145,000. 86.54% of the stock is currently owned by institutional investors and hedge funds.
CONSOL Energy Stock Performance
CEIX traded up $1.17 during trading hours on Monday, hitting $104.86. The company's stock had a trading volume of 399,750 shares, compared to its average volume of 488,456. The company has a 50-day simple moving average of $118.30 and a 200 day simple moving average of $105.54. 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 has a market capitalization of $3.08 billion, a PE ratio of 7.70 and a beta of 1.76. CONSOL Energy Inc. has a fifty-two week low of $75.43 and a fifty-two week high of $134.59.
CONSOL Energy (NYSE:CEIX - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $574.90 million during the quarter, compared to analyst estimates of $554.00 million. During the same quarter last year, the firm posted $3.11 EPS. The business's revenue for the quarter was up .9% on a year-over-year basis. As a group, sell-side analysts expect that CONSOL Energy Inc. will post 11.57 EPS for the current year.
CONSOL Energy Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Friday, November 15th were given a dividend of $0.25 per share. The ex-dividend date was Friday, November 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.95%. CONSOL Energy's dividend payout ratio (DPR) is presently 7.34%.
Analysts Set New Price Targets
CEIX has been the topic of a number of recent research reports. Benchmark raised their price target on shares of CONSOL Energy from $105.00 to $140.00 and gave the stock a "buy" rating in a research report on Monday, November 18th. B. Riley raised their target price on shares of CONSOL Energy from $109.00 to $138.00 and gave the stock a "buy" rating in a report on Monday, October 7th.
Check Out Our Latest Report on CONSOL Energy
About CONSOL Energy
(
Free Report)
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.
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