CONSOL Energy Inc. (NYSE:CEIX) Shares Purchased by Prudential Financial Inc.

Prudential Financial Inc. lifted its holdings in CONSOL Energy Inc. (NYSE:CEIXGet Rating) by 0.6% during the third quarter, Holdings Channel reports. The fund owned 824,206 shares of the company’s stock after buying an additional 4,983 shares during the quarter. Prudential Financial Inc.’s holdings in CONSOL Energy were worth $53,013,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Gladius Capital Management LP acquired a new stake in shares of CONSOL Energy in the second quarter worth $44,000. National Bank of Canada FI purchased a new stake in CONSOL Energy during the third quarter worth $57,000. Nisa Investment Advisors LLC boosted its holdings in CONSOL Energy by 82.5% during the second quarter. Nisa Investment Advisors LLC now owns 1,095 shares of the company’s stock worth $54,000 after buying an additional 495 shares in the last quarter. Ameritas Investment Partners Inc. boosted its holdings in CONSOL Energy by 10.8% during the first quarter. Ameritas Investment Partners Inc. now owns 2,677 shares of the company’s stock worth $101,000 after buying an additional 260 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in CONSOL Energy by 60.6% during the first quarter. Captrust Financial Advisors now owns 2,891 shares of the company’s stock worth $109,000 after buying an additional 1,091 shares in the last quarter. Institutional investors and hedge funds own 84.04% of the company’s stock.

Insider Transactions at CONSOL Energy

In other news, CEO James A. Brock sold 500 shares of the firm’s stock in a transaction dated Thursday, December 1st. The shares were sold at an average price of $78.20, for a total value of $39,100.00. Following the transaction, the chief executive officer now directly owns 473,020 shares of the company’s stock, valued at $36,990,164. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CEO James A. Brock sold 12,500 shares of the firm’s stock in a transaction dated Tuesday, November 29th. The shares were sold at an average price of $75.33, for a total transaction of $941,625.00. Following the completion of the sale, the chief executive officer now directly owns 476,834 shares in the company, valued at $35,919,905.22. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO James A. Brock sold 500 shares of the firm’s stock in a transaction dated Thursday, December 1st. The stock was sold at an average price of $78.20, for a total transaction of $39,100.00. Following the sale, the chief executive officer now owns 473,020 shares of the company’s stock, valued at $36,990,164. The disclosure for this sale can be found here. Insiders own 2.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on CEIX shares. B. Riley lowered their price target on shares of CONSOL Energy from $85.00 to $84.00 in a report on Tuesday, January 17th. Benchmark increased their price target on shares of CONSOL Energy from $72.00 to $80.00 in a report on Wednesday, November 2nd.

CONSOL Energy Stock Performance

CEIX opened at $62.67 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 1.08 and a debt-to-equity ratio of 0.47. The company has a market cap of $2.19 billion, a price-to-earnings ratio of 5.72 and a beta of 1.84. CONSOL Energy Inc. has a 52-week low of $19.80 and a 52-week high of $79.17. The firm’s fifty day simple moving average is $66.27 and its two-hundred day simple moving average is $65.52.

CONSOL Energy (NYSE:CEIXGet Rating) last posted its quarterly earnings results on Tuesday, November 1st. The company reported $2.55 earnings per share for the quarter, missing the consensus estimate of $2.93 by ($0.38). The business had revenue of $561.64 million during the quarter, compared to analysts’ expectations of $463.60 million. CONSOL Energy had a return on equity of 41.36% and a net margin of 20.11%. Equities analysts anticipate that CONSOL Energy Inc. will post 11.56 earnings per share for the current fiscal year.

CONSOL Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 23rd. Stockholders of record on Monday, November 14th were paid a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 6.70%. The ex-dividend date of this dividend was Thursday, November 10th. CONSOL Energy’s dividend payout ratio is currently 38.32%.

About CONSOL Energy

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CONSOL Energy Inc engages in the production of bituminous coal. It focuses on the extraction and preparation of coal in the Appalachian basin. The firm operates through the following segments: PAMC and CONSOL Marine Terminal. The PAMC segment includes mining, preparation and marketing of thermal coal.

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Institutional Ownership by Quarter for CONSOL Energy (NYSE:CEIX)

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