Investment House LLC Acquires Shares of 14,777 CONSOL Energy Inc. (NYSE:CEIX)

Investment House LLC bought a new position in CONSOL Energy Inc. (NYSE:CEIX) during the 4th quarter, HoldingsChannel reports. The fund bought 14,777 shares of the company’s stock, valued at approximately $1,486,000.

A number of other institutional investors have also recently made changes to their positions in CEIX. Pacer Advisors Inc. raised its holdings in shares of CONSOL Energy by 58.3% during the fourth quarter. Pacer Advisors Inc. now owns 1,208,213 shares of the company’s stock valued at $121,462,000 after purchasing an additional 445,155 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of CONSOL Energy by 1.9% during the 3rd quarter. Invesco Ltd. now owns 442,081 shares of the company’s stock valued at $46,379,000 after buying an additional 8,190 shares during the period. American Century Companies Inc. boosted its stake in shares of CONSOL Energy by 8.4% in the 3rd quarter. American Century Companies Inc. now owns 418,065 shares of the company’s stock worth $43,859,000 after buying an additional 32,492 shares during the last quarter. Dalal Street LLC grew its holdings in shares of CONSOL Energy by 94.9% in the third quarter. Dalal Street LLC now owns 396,570 shares of the company’s stock worth $41,604,000 after acquiring an additional 193,096 shares during the period. Finally, J.P. Morgan Private Wealth Advisors LLC bought a new position in CONSOL Energy in the third quarter valued at about $31,922,000. Hedge funds and other institutional investors own 86.54% of the company’s stock.

CONSOL Energy Trading Up 2.4 %

Shares of CEIX stock opened at $87.80 on Tuesday. CONSOL Energy Inc. has a 1 year low of $53.40 and a 1 year high of $114.30. The firm has a fifty day moving average price of $84.29 and a 200-day moving average price of $93.32. The company has a market cap of $2.60 billion, a price-to-earnings ratio of 4.47 and a beta of 1.76. 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 posted its quarterly earnings data on Tuesday, February 6th. The company reported $5.05 EPS for the quarter, topping the consensus estimate of $4.28 by $0.77. The firm had revenue of $649.90 million for the quarter, compared to the consensus estimate of $608.90 million. CONSOL Energy had a return on equity of 49.80% and a net margin of 25.53%. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter last year, the company earned $3.89 earnings per share. As a group, equities analysts predict that CONSOL Energy Inc. will post 11.02 earnings per share for the current year.

Insiders Place Their Bets

In related news, CAO John Rothka sold 2,000 shares of the firm’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $94.56, for a total value of $189,120.00. Following the completion of the transaction, the chief accounting officer now directly 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 SEC, which is available at the SEC website. 2.10% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Separately, B. Riley cut their price target on CONSOL Energy from $100.00 to $98.00 and set a “buy” rating for the company in a research note on Wednesday, April 10th.

CONSOL Energy Company Profile

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.