ClariVest Asset Management LLC boosted its holdings in shares of Consol Energy Inc (NYSE:CEIX) by 62.2% in the fourth quarter, HoldingsChannel reports. The firm owned 120,668 shares of the company’s stock after acquiring an additional 46,259 shares during the period. ClariVest Asset Management LLC’s holdings in Consol Energy were worth $3,827,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in the stock. BlackRock Inc. increased its holdings in Consol Energy by 10.4% during the 3rd quarter. BlackRock Inc. now owns 4,123,750 shares of the company’s stock valued at $168,288,000 after purchasing an additional 389,866 shares in the last quarter. Vanguard Group Inc increased its holdings in Consol Energy by 8.0% during the 3rd quarter. Vanguard Group Inc now owns 2,901,368 shares of the company’s stock valued at $118,405,000 after purchasing an additional 216,099 shares in the last quarter. Vanguard Group Inc. increased its holdings in Consol Energy by 8.0% during the 3rd quarter. Vanguard Group Inc. now owns 2,901,368 shares of the company’s stock valued at $118,405,000 after purchasing an additional 216,099 shares in the last quarter. Capital International Investors acquired a new stake in Consol Energy during the 3rd quarter valued at $31,806,000. Finally, WINTON GROUP Ltd increased its holdings in Consol Energy by 19.4% during the 3rd quarter. WINTON GROUP Ltd now owns 511,682 shares of the company’s stock valued at $20,882,000 after purchasing an additional 83,158 shares in the last quarter. 83.33% of the stock is owned by hedge funds and other institutional investors.
A number of equities research analysts recently weighed in on CEIX shares. B. Riley raised their price target on Consol Energy from $49.00 to $50.00 and gave the company a “buy” rating in a report on Monday, November 5th. ValuEngine raised Consol Energy from a “strong sell” rating to a “sell” rating in a report on Tuesday, December 25th. Zacks Investment Research cut Consol Energy from a “hold” rating to a “sell” rating in a report on Monday, February 4th. Finally, Seaport Global Securities set a $50.00 price target on Consol Energy and gave the company a “buy” rating in a report on Saturday, February 9th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $46.75.
CEIX stock opened at $35.37 on Thursday. Consol Energy Inc has a fifty-two week low of $26.62 and a fifty-two week high of $48.12. The firm has a market cap of $923.06 million, a P/E ratio of 6.57 and a beta of 0.96. The company has a quick ratio of 1.12, a current ratio of 1.26 and a debt-to-equity ratio of 1.85.
Consol Energy (NYSE:CEIX) last announced its quarterly earnings data on Friday, February 8th. The company reported $1.41 EPS for the quarter, beating the Zacks’ consensus estimate of $0.76 by $0.65. The firm had revenue of $347.80 million for the quarter, compared to analyst estimates of $352.30 million. Consol Energy had a return on equity of 34.43% and a net margin of 9.99%. The business’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same period last year, the company earned ($1.04) EPS. As a group, equities research analysts expect that Consol Energy Inc will post 3.63 EPS for the current fiscal year.
Consol Energy Company Profile
CONSOL Energy Inc produces and exports bituminous thermal and crossover metallurgical coal. The company owns and operates its mining operations in the Northern Appalachian Basin. Its flagship operation is the Pennsylvania Mining Complex (PAMC), which comprises three underground mines, including Bailey, Enlow Fork, and Harvey.
Want to see what other hedge funds are holding CEIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Consol Energy Inc (NYSE:CEIX).
Receive News & Ratings for Consol Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consol Energy and related companies with MarketBeat.com's FREE daily email newsletter.