CONSOL Energy Inc. (NYSE:CEIX – Get Rating) Director Sophie Bergeron sold 12,200 shares of the business’s stock in a transaction on Tuesday, May 10th. The shares were sold at an average price of $48.25, for a total transaction of $588,650.00. Following the transaction, the director now directly owns 30,828 shares of the company’s stock, valued at approximately $1,487,451. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of NYSE CEIX opened at $46.62 on Friday. CONSOL Energy Inc. has a fifty-two week low of $12.56 and a fifty-two week high of $55.26. The firm’s 50-day simple moving average is $40.90 and its 200 day simple moving average is $30.45. The company has a quick ratio of 0.75, a current ratio of 0.84 and a debt-to-equity ratio of 0.83. The stock has a market cap of $1.62 billion, a P/E ratio of -4,662.00 and a beta of 2.03.
CONSOL Energy (NYSE:CEIX – Get Rating) last issued its quarterly earnings data on Tuesday, May 3rd. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of $1.85 by ($1.98). CONSOL Energy had a net margin of 0.26% and a return on equity of 20.76%. The company had revenue of $358.53 million for the quarter, compared to the consensus estimate of $354.10 million. During the same quarter in the prior year, the firm earned $0.75 earnings per share. On average, sell-side analysts anticipate that CONSOL Energy Inc. will post 9.48 earnings per share for the current fiscal year.
A number of institutional investors have recently modified their holdings of the business. Victory Capital Management Inc. raised its holdings in CONSOL Energy by 21,156.2% during the 4th quarter. Victory Capital Management Inc. now owns 1,718,990 shares of the company’s stock worth $39,038,000 after buying an additional 1,710,903 shares during the period. State Street Corp grew its stake in CONSOL Energy by 49.2% during the 4th quarter. State Street Corp now owns 2,818,110 shares of the company’s stock valued at $63,999,000 after acquiring an additional 929,020 shares in the last quarter. BlackRock Inc. grew its stake in CONSOL Energy by 5.8% during the 4th quarter. BlackRock Inc. now owns 5,209,727 shares of the company’s stock valued at $118,313,000 after acquiring an additional 286,528 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in CONSOL Energy by 183.8% during the 1st quarter. Assenagon Asset Management S.A. now owns 350,895 shares of the company’s stock valued at $13,204,000 after acquiring an additional 227,275 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in CONSOL Energy by 272.3% during the 4th quarter. JPMorgan Chase & Co. now owns 238,097 shares of the company’s stock valued at $5,407,000 after acquiring an additional 174,150 shares in the last quarter. Hedge funds and other institutional investors own 74.53% of the company’s stock.
CEIX has been the subject of several analyst reports. B. Riley boosted their price target on shares of CONSOL Energy from $46.00 to $63.00 in a report on Thursday, May 5th. TheStreet raised shares of CONSOL Energy from a “d+” rating to a “c” rating in a report on Tuesday, February 8th. Finally, Zacks Investment Research downgraded shares of CONSOL Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday.
About CONSOL Energy (Get Rating)
CONSOL Energy Inc produces and exports bituminous coal in the United States. It operates through PAMC, CONSOL Marine Terminal, and Other segments. The company engages in the mining, preparation, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users; and provision of coal export terminal services, as well as development of the Itmann Mine and the Greenfield reserves.
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