Core Natural Resources, Inc. $CNR Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. lifted its position in shares of Core Natural Resources, Inc. (NYSE:CNR) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,669,844 shares of the energy company’s stock after acquiring an additional 39,557 shares during the quarter. Vanguard Group Inc. owned 11.07% of Core Natural Resources worth $501,838,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Legacy Capital Group California Inc. boosted its stake in shares of Core Natural Resources by 57.9% during the 4th quarter. Legacy Capital Group California Inc. now owns 4,578 shares of the energy company’s stock worth $405,000 after acquiring an additional 1,679 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Core Natural Resources by 8.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,611 shares of the energy company’s stock worth $939,000 after acquiring an additional 847 shares in the last quarter. Bayforest Capital Ltd purchased a new stake in shares of Core Natural Resources during the 4th quarter worth about $204,000. Moran Wealth Management LLC boosted its stake in shares of Core Natural Resources by 31.8% during the 4th quarter. Moran Wealth Management LLC now owns 24,411 shares of the energy company’s stock worth $2,161,000 after acquiring an additional 5,896 shares in the last quarter. Finally, CWM LLC boosted its stake in shares of Core Natural Resources by 45.7% during the 4th quarter. CWM LLC now owns 338 shares of the energy company’s stock worth $30,000 after acquiring an additional 106 shares in the last quarter. 86.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on CNR shares. B. Riley Financial reissued a “buy” rating on shares of Core Natural Resources in a research note on Thursday, April 30th. Zacks Research raised shares of Core Natural Resources from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Weiss Ratings lowered shares of Core Natural Resources from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, April 20th. UBS Group upped their price target on shares of Core Natural Resources from $109.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, March 24th. Finally, Wall Street Zen downgraded shares of Core Natural Resources from a “hold” rating to a “sell” rating in a research report on Saturday, April 11th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.75.

Core Natural Resources Stock Up 0.3%

CNR opened at $88.45 on Wednesday. Core Natural Resources, Inc. has a twelve month low of $63.36 and a twelve month high of $114.80. The company has a quick ratio of 1.15, a current ratio of 1.60 and a debt-to-equity ratio of 0.10. The company has a 50-day moving average price of $94.78 and a 200 day moving average price of $90.08. The company has a market cap of $4.49 billion, a PE ratio of -29.38 and a beta of 0.14.

Core Natural Resources (NYSE:CNR) last released its quarterly earnings results on Thursday, February 12th. The energy company reported ($1.54) earnings per share for the quarter, missing the consensus estimate of ($0.78) by ($0.76). The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $996.54 million. Core Natural Resources had a negative return on equity of 4.05% and a negative net margin of 3.68%.The firm’s revenue for the quarter was up 81.8% on a year-over-year basis. During the same quarter last year, the company earned $1.04 EPS. Sell-side analysts expect that Core Natural Resources, Inc. will post 1.7 earnings per share for the current fiscal year.

Core Natural Resources Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a $0.10 dividend. The ex-dividend date was Monday, March 2nd. This represents a $0.40 dividend on an annualized basis and a yield of 0.5%. Core Natural Resources’s dividend payout ratio is presently -13.29%.

Insider Buying and Selling at Core Natural Resources

In other Core Natural Resources news, CEO James A. Brock sold 40,760 shares of the stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $101.15, for a total value of $4,122,874.00. Following the completion of the sale, the chief executive officer owned 100,000 shares in the company, valued at approximately $10,115,000. This represents a 28.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO John Rothka sold 1,000 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $97.66, for a total transaction of $97,660.00. Following the completion of the sale, the chief accounting officer owned 5,190 shares of the company’s stock, valued at approximately $506,855.40. The trade was a 16.16% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 51,560 shares of company stock worth $5,118,890. Insiders own 2.49% of the company’s stock.

About Core Natural Resources

Core Natural Resources, 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. This segment includes the Bailey Mine, the Enlow Fork Mine, the Harvey Mine, and the central preparation plant.