Illinois Municipal Retirement Fund Purchases 224 Shares of CONSOL Energy Inc. (NYSE:CEIX)

Illinois Municipal Retirement Fund raised its position in shares of CONSOL Energy Inc. (NYSE:CEIX) by 1.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,711 shares of the company’s stock after purchasing an additional 224 shares during the period. Illinois Municipal Retirement Fund owned about 0.06% of CONSOL Energy worth $1,780,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of CEIX. Parkside Financial Bank & Trust raised its position in CONSOL Energy by 866.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 464 shares of the company’s stock valued at $49,000 after purchasing an additional 416 shares in the last quarter. FSC Wealth Advisors LLC bought a new position in shares of CONSOL Energy in the 3rd quarter worth $50,000. CI Investments Inc. bought a new position in shares of CONSOL Energy in the 3rd quarter worth $182,000. Xponance Inc. bought a new position in shares of CONSOL Energy in the 3rd quarter worth $208,000. Finally, Journey Strategic Wealth LLC bought a new position in shares of CONSOL Energy in the 3rd quarter worth $216,000. 86.54% of the stock is owned by institutional investors.

Insider Activity at CONSOL Energy

In other CONSOL Energy news, CAO John Rothka sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $94.56, for a total transaction of $189,120.00. Following the completion of the transaction, the chief accounting officer now directly owns 13,108 shares of the company’s stock, valued at approximately $1,239,492.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 2.10% of the stock is currently owned by insiders.

CONSOL Energy Trading Down 0.4 %

CONSOL Energy stock opened at $85.77 on Friday. The stock has a 50-day moving average of $83.98 and a two-hundred day moving average of $93.79. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.16 and a current ratio of 1.35. CONSOL Energy Inc. has a one year low of $53.40 and a one year high of $114.30. The stock has a market cap of $2.54 billion, a PE ratio of 4.36 and a beta of 1.76.

CONSOL Energy (NYSE:CEIX) last announced its quarterly earnings data on Tuesday, February 6th. The company reported $5.05 EPS for the quarter, beating the consensus estimate of $4.28 by $0.77. The firm had revenue of $649.90 million during the quarter, compared to analyst estimates of $608.90 million. CONSOL Energy had a net margin of 25.53% and a return on equity of 49.80%. CONSOL Energy’s revenue was up 2.0% on a year-over-year basis. During the same period last year, the firm posted $3.89 EPS. On average, research analysts anticipate that CONSOL Energy Inc. will post 11.02 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, B. Riley reduced their price target on CONSOL Energy from $100.00 to $98.00 and set a “buy” rating for the company in a research report on Wednesday, April 10th.

CONSOL Energy 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.