Citigroup Inc. lessened its holdings in Consol Energy Inc (NYSE:CEIX) by 32.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,841 shares of the company’s stock after selling 6,564 shares during the quarter. Citigroup Inc. owned 0.05% of Consol Energy worth $201,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Bank of Montreal Can boosted its holdings in shares of Consol Energy by 69.4% in the 4th quarter. Bank of Montreal Can now owns 5,118 shares of the company’s stock valued at $75,000 after purchasing an additional 2,097 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Consol Energy in the 3rd quarter valued at $131,000. Magnus Financial Group LLC acquired a new stake in shares of Consol Energy in the 4th quarter valued at $195,000. Alpine Global Management LLC acquired a new stake in shares of Consol Energy in the 4th quarter valued at $215,000. Finally, 6 Meridian boosted its holdings in shares of Consol Energy by 22.9% in the 4th quarter. 6 Meridian now owns 16,639 shares of the company’s stock valued at $241,000 after purchasing an additional 3,101 shares in the last quarter. 86.66% of the stock is currently owned by hedge funds and other institutional investors.
NYSE CEIX opened at $4.28 on Thursday. The company has a quick ratio of 0.72, a current ratio of 0.86 and a debt-to-equity ratio of 1.25. Consol Energy Inc has a twelve month low of $4.18 and a twelve month high of $35.18. The company has a market cap of $125.20 million, a price-to-earnings ratio of 1.54 and a beta of 1.50. The business’s fifty day moving average is $6.51 and its 200 day moving average is $11.85.
Consol Energy (NYSE:CEIX) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.54 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.68 by ($0.14). Consol Energy had a net margin of 5.31% and a return on equity of 16.22%. The firm had revenue of $342.64 million for the quarter, compared to analyst estimates of $343.59 million. During the same period last year, the business earned $1.41 EPS. On average, research analysts anticipate that Consol Energy Inc will post 1.75 earnings per share for the current fiscal year.
In other news, Director John T. Mills acquired 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 19th. The shares were bought at an average price of $6.46 per share, with a total value of $25,840.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 1.26% of the company’s stock.
CEIX has been the topic of a number of research analyst reports. Zacks Investment Research raised Consol Energy from a “sell” rating to a “hold” rating in a report on Monday, January 13th. Benchmark initiated coverage on Consol Energy in a report on Wednesday, February 19th. They issued a “buy” rating and a $11.00 target price on the stock. Finally, B. Riley raised their target price on Consol Energy from $10.00 to $13.00 and gave the company a “buy” rating in a report on Tuesday. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $12.00.
Consol Energy Profile
CONSOL Energy Inc produces and exports bituminous coal. It owns and operates its mining operations in the Northern Appalachian Basin. The company owns and operates the Pennsylvania Mining Complex (PAMC), which comprises three underground mines, including Bailey, Enlow Fork, and Harvey; and CONSOL Marine Terminal located in the port of Baltimore.
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