CONSOL Energy Inc. (NYSE:CEIX) Stake Raised by Moore Capital Management LP

Moore Capital Management LP boosted its holdings in CONSOL Energy Inc. (NYSE:CEIX – Get Rating) by 454.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 110,463 shares of the company’s stock after acquiring an additional 90,551 shares during the quarter. Moore Capital Management LP owned about 0.32% of CONSOL Energy worth $7,105,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CEIX. Envestnet Asset Management Inc. bought a new stake in CONSOL Energy in the first quarter worth about $257,000. ProShare Advisors LLC bought a new stake in CONSOL Energy in the first quarter worth about $284,000. HighTower Advisors LLC acquired a new stake in CONSOL Energy during the 1st quarter worth about $315,000. Citigroup Inc. raised its holdings in CONSOL Energy by 6.3% during the 1st quarter. Citigroup Inc. now owns 29,430 shares of the company’s stock worth $1,107,000 after buying an additional 1,739 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in CONSOL Energy during the 1st quarter worth about $1,091,000. 84.04% of the stock is currently owned by institutional investors.

CONSOL Energy Price Performance

NYSE CEIX opened at $58.16 on Thursday. The stock’s 50-day moving average price is $58.23 and its two-hundred day moving average price is $64.49. The company has a current ratio of 1.33, a quick ratio of 1.19 and a debt-to-equity ratio of 0.30. The company has a market cap of $2.02 billion, a PE ratio of 4.51 and a beta of 1.86. CONSOL Energy Inc. has a 1 year low of $29.06 and a 1 year high of $79.17.

CONSOL Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 28th. Shareholders of record on Friday, February 17th were issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 7.57%. The ex-dividend date was Thursday, February 16th. This is an increase from CONSOL Energy’s previous quarterly dividend of $1.05. CONSOL Energy’s payout ratio is presently 33.72%.

Insider Buying and Selling at CONSOL Energy

In other CONSOL Energy news, CAO John Rothka sold 2,000 shares of CONSOL Energy stock in a transaction dated Friday, March 3rd. The stock was sold at an average price of $64.34, for a total transaction of $128,680.00. Following the transaction, the chief accounting officer now owns 14,245 shares of the company’s stock, valued at approximately $916,523.30. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 2.20% of the company’s stock.

Analysts Set New Price Targets

Separately, B. Riley cut their price objective on CONSOL Energy from $85.00 to $84.00 in a report on Tuesday, January 17th.

About CONSOL Energy

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CONSOL Energy, Inc engages in the production of bituminous coal which focuses on the extraction and preparation of coal in the Appalachian Basin. It operates under the Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The PAMC segment includes mining, preparation, and marketing of bituminous coal sold to power generators, and industrial and metallurgical end-users.