Van Den Berg Management I Inc. trimmed its position in Cloud Peak Energy Inc. (NYSE:CLD) by 21.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 181,115 shares of the mining company’s stock after selling 50,000 shares during the period. Van Den Berg Management I Inc. owned approximately 0.24% of Cloud Peak Energy worth $806,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. Ellington Management Group LLC acquired a new position in Cloud Peak Energy during the 4th quarter valued at about $124,000. Brandywine Global Investment Management LLC acquired a new position in Cloud Peak Energy during the 4th quarter valued at about $127,000. State Board of Administration of Florida Retirement System boosted its stake in Cloud Peak Energy by 81.3% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 52,406 shares of the mining company’s stock valued at $192,000 after purchasing an additional 23,502 shares during the last quarter. Nationwide Fund Advisors boosted its stake in Cloud Peak Energy by 332.6% during the 2nd quarter. Nationwide Fund Advisors now owns 54,775 shares of the mining company’s stock valued at $193,000 after purchasing an additional 42,112 shares during the last quarter. Finally, BNP Paribas Arbitrage SA boosted its stake in Cloud Peak Energy by 49.4% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 57,045 shares of the mining company’s stock valued at $209,000 after purchasing an additional 18,870 shares during the last quarter. 82.36% of the stock is owned by institutional investors and hedge funds.
Shares of Cloud Peak Energy stock remained flat at $$3.53 during midday trading on Monday. The company had a trading volume of 528,421 shares, compared to its average volume of 1,181,861. Cloud Peak Energy Inc. has a twelve month low of $2.78 and a twelve month high of $5.70. The stock has a market cap of $265.34, a PE ratio of -26.92 and a beta of 2.05. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.65 and a current ratio of 2.26.
Cloud Peak Energy (NYSE:CLD) last announced its earnings results on Thursday, February 15th. The mining company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.15). Cloud Peak Energy had a negative return on equity of 3.29% and a negative net margin of 0.75%. The business had revenue of $213.89 million during the quarter, compared to analysts’ expectations of $244.38 million. During the same quarter in the previous year, the firm earned $0.39 EPS. Cloud Peak Energy’s quarterly revenue was down 6.1% on a year-over-year basis. research analysts anticipate that Cloud Peak Energy Inc. will post -0.21 earnings per share for the current year.
CLD has been the subject of a number of analyst reports. Zacks Investment Research upgraded Cloud Peak Energy from a “hold” rating to a “strong-buy” rating and set a $5.00 price target for the company in a research note on Monday, January 1st. ValuEngine downgraded Cloud Peak Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, February 17th. Stifel Nicolaus reiterated a “buy” rating and set a $7.00 price target on shares of Cloud Peak Energy in a research note on Tuesday, January 16th. JPMorgan Chase & Co. downgraded Cloud Peak Energy from an “overweight” rating to a “neutral” rating in a research note on Monday, November 20th. Finally, TheStreet downgraded Cloud Peak Energy from a “c-” rating to a “d+” rating in a research note on Monday, February 26th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. Cloud Peak Energy presently has a consensus rating of “Hold” and an average price target of $4.80.
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Cloud Peak Energy Profile
Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.
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