Ritholtz Wealth Management Purchases 1,514 Shares of CONSOL Energy Inc. (NYSE:CEIX)

Ritholtz Wealth Management boosted its holdings in CONSOL Energy Inc. (NYSE:CEIX) by 8.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,736 shares of the company’s stock after purchasing an additional 1,514 shares during the quarter. Ritholtz Wealth Management owned about 0.06% of CONSOL Energy worth $1,884,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. State Street Corp grew its holdings in shares of CONSOL Energy by 17.5% during the first quarter. State Street Corp now owns 2,740,648 shares of the company’s stock worth $159,698,000 after purchasing an additional 407,651 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of CONSOL Energy by 11.2% during the third quarter. Vanguard Group Inc. now owns 2,226,516 shares of the company’s stock valued at $143,209,000 after buying an additional 223,987 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of CONSOL Energy by 4.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,935,391 shares of the company’s stock worth $72,829,000 after buying an additional 80,731 shares during the period. Pacer Advisors Inc. lifted its stake in shares of CONSOL Energy by 58.3% in the 4th quarter. Pacer Advisors Inc. now owns 1,208,213 shares of the company’s stock valued at $121,462,000 after acquiring an additional 445,155 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in CONSOL Energy by 4.0% during the 2nd quarter. Geode Capital Management LLC now owns 704,072 shares of the company’s stock valued at $47,743,000 after acquiring an additional 27,166 shares during the period. Institutional investors own 86.54% of the company’s stock.

CONSOL Energy Trading Up 1.0 %

CONSOL Energy stock traded up $0.86 during trading hours on Thursday, reaching $83.83. The stock had a trading volume of 564,420 shares, compared to its average volume of 610,135. The company has a fifty day simple moving average of $86.97 and a 200-day simple moving average of $95.88. CONSOL Energy Inc. has a 52 week low of $53.40 and a 52 week high of $114.30. The stock has a market cap of $2.48 billion, a PE ratio of 4.22 and a beta of 1.77. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.35 and a quick ratio of 1.16.

CONSOL Energy (NYSE:CEIX) last announced its quarterly earnings results on Tuesday, February 6th. The company reported $5.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.28 by $0.77. CONSOL Energy had a return on equity of 49.80% and a net margin of 25.53%. The company had revenue of $649.90 million for the quarter, compared to the consensus estimate of $608.90 million. During the same quarter in the previous year, the business earned $3.89 EPS. CONSOL Energy’s revenue was up 2.0% compared to the same quarter last year. Analysts forecast that CONSOL Energy Inc. will post 12.66 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, B. Riley lowered their price objective on CONSOL Energy from $111.00 to $100.00 and set a “buy” rating for the company in a research report on Wednesday, February 7th.

Insiders Place Their Bets

In related news, CAO John Rothka sold 2,000 shares of the business’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $94.56, for a total transaction of $189,120.00. Following the sale, the chief accounting officer now owns 13,108 shares of the company’s stock, valued at $1,239,492.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.49% of the stock is owned by corporate insiders.

About CONSOL Energy

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.