Gladius Capital Management LP Sells 166 Shares of CONSOL Energy Inc. (NYSE:CEIX)

Gladius Capital Management LP cut its stake in shares of CONSOL Energy Inc. (NYSE:CEIX) by 35.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 301 shares of the company’s stock after selling 166 shares during the period. Gladius Capital Management LP’s holdings in CONSOL Energy were worth $30,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. increased its holdings in CONSOL Energy by 58.3% in the 4th quarter. Pacer Advisors Inc. now owns 1,208,213 shares of the company’s stock worth $121,462,000 after acquiring an additional 445,155 shares during the last quarter. Invesco Ltd. lifted its position in shares of CONSOL Energy by 1.9% during the third quarter. Invesco Ltd. now owns 442,081 shares of the company’s stock worth $46,379,000 after acquiring an additional 8,190 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of CONSOL Energy by 8.4% in the third quarter. American Century Companies Inc. now owns 418,065 shares of the company’s stock worth $43,859,000 after acquiring an additional 32,492 shares during the period. Dalal Street LLC grew its holdings in CONSOL Energy by 94.9% during the 3rd quarter. Dalal Street LLC now owns 396,570 shares of the company’s stock valued at $41,604,000 after buying an additional 193,096 shares in the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC bought a new stake in CONSOL Energy during the third quarter valued at $31,922,000. Hedge funds and other institutional investors own 86.54% of the company’s stock.

Analysts Set New Price Targets

Separately, B. Riley cut their target price on shares of CONSOL Energy from $100.00 to $98.00 and set a “buy” rating on the stock in a report on Wednesday, April 10th.

Insider Activity at CONSOL Energy

In other CONSOL Energy news, CAO John Rothka sold 2,000 shares of CONSOL Energy stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $94.56, for a total transaction of $189,120.00. Following the completion of the sale, the chief accounting officer now directly owns 13,108 shares of the company’s stock, valued at approximately $1,239,492.48. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 2.10% of the stock is currently owned by company insiders.

CONSOL Energy Price Performance

Shares of CONSOL Energy stock traded up $2.21 during trading hours on Thursday, reaching $87.92. The company’s stock had a trading volume of 416,986 shares, compared to its average volume of 540,156. The stock has a market cap of $2.60 billion, a P/E ratio of 5.33 and a beta of 1.77. CONSOL Energy Inc. has a one year low of $53.40 and a one year high of $114.30. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.35 and a quick ratio of 1.16. The firm has a 50 day moving average price of $84.74 and a 200-day moving average price of $92.21.

CONSOL Energy (NYSE:CEIX) last posted its quarterly earnings data on Tuesday, May 7th. The company reported $3.39 earnings per share for the quarter, beating analysts’ consensus estimates of $2.19 by $1.20. CONSOL Energy had a net margin of 25.53% and a return on equity of 49.80%. The business had revenue of $565.00 million for the quarter, compared to analysts’ expectations of $516.85 million. During the same quarter in the previous year, the business posted $6.55 earnings per share. The business’s revenue was down 17.9% compared to the same quarter last year. On average, analysts predict that CONSOL Energy Inc. will post 11.02 EPS for the current year.

CONSOL Energy 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.