Wolverine Trading LLC acquired a new stake in Consol Energy Inc (NYSE:CEIX) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 8,989 shares of the company’s stock, valued at approximately $355,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Texas Permanent School Fund acquired a new stake in shares of Consol Energy in the 4th quarter valued at approximately $711,000. Bank of Montreal Can acquired a new stake in shares of Consol Energy in the 4th quarter valued at approximately $10,322,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Consol Energy in the 4th quarter valued at approximately $8,004,000. Louisiana State Employees Retirement System bought a new stake in Consol Energy in the 4th quarter valued at $439,000. Finally, MUFG Securities EMEA plc bought a new stake in Consol Energy in the 4th quarter valued at $2,336,000. 94.63% of the stock is owned by institutional investors.
Shares of Consol Energy Inc (NYSE:CEIX) opened at $29.47 on Wednesday. Consol Energy Inc has a 12 month low of $19.51 and a 12 month high of $41.89. The company has a debt-to-equity ratio of 2.52, a current ratio of 0.95 and a quick ratio of 0.82.
Consol Energy (NYSE:CEIX) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.43. The business had revenue of $352.32 million during the quarter, compared to the consensus estimate of $344.75 million. sell-side analysts predict that Consol Energy Inc will post 3.37 EPS for the current year.
A number of research firms recently weighed in on CEIX. Stifel Nicolaus dropped their price target on Consol Energy from $41.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, February 8th. Seaport Global Securities began coverage on Consol Energy in a research note on Thursday, November 30th. They issued a “buy” rating and a $32.00 price target on the stock. Finally, B. Riley restated a “buy” rating on shares of Consol Energy in a research note on Thursday, November 30th.
WARNING: This piece was first reported by The Lincolnian Online and is owned by of The Lincolnian Online. If you are reading this piece on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark legislation. The correct version of this piece can be accessed at https://www.thelincolnianonline.com/2018/03/14/wolverine-trading-llc-acquires-shares-of-8989-consol-energy-inc-ceix.html.
About Consol Energy
CONSOL Energy Inc, formerly CONSOL Mining Corporation, is engaged in the natural gas exploration and production business. The Company is a producer and exporter of high-Btu bituminous thermal and crossover metallurgical coal. It holds interest in the Pennsylvania Mining Complex (PMC) and related coal assets, terminal operations at the Port of Baltimore.
Want to see what other hedge funds are holding CEIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Consol Energy Inc (NYSE:CEIX).
Receive News & Ratings for Consol Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consol Energy and related companies with MarketBeat.com's FREE daily email newsletter.