Great Lakes Advisors LLC Acquires Shares of 257,434 CONSOL Energy Inc. (NYSE:CEIX)

Great Lakes Advisors LLC acquired a new stake in shares of CONSOL Energy Inc. (NYSE:CEIX) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 257,434 shares of the company’s stock, valued at approximately $17,457,000. Great Lakes Advisors LLC owned 0.74% of CONSOL Energy at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Quadrant Capital Group LLC lifted its stake in CONSOL Energy by 199.4% during the 2nd quarter. Quadrant Capital Group LLC now owns 539 shares of the company’s stock valued at $37,000 after acquiring an additional 359 shares during the period. Private Advisor Group LLC acquired a new stake in CONSOL Energy during the 2nd quarter valued at approximately $254,000. Citigroup Inc. lifted its stake in CONSOL Energy by 96.8% during the 2nd quarter. Citigroup Inc. now owns 30,941 shares of the company’s stock valued at $2,098,000 after acquiring an additional 15,215 shares during the period. BNP Paribas Arbitrage SNC lifted its stake in CONSOL Energy by 19.0% during the 2nd quarter. BNP Paribas Arbitrage SNC now owns 9,135 shares of the company’s stock valued at $619,000 after acquiring an additional 1,459 shares during the period. Finally, Canada Pension Plan Investment Board acquired a new position in shares of CONSOL Energy in the 2nd quarter valued at $1,417,000. 87.63% of the stock is currently owned by institutional investors and hedge funds.

CONSOL Energy Stock Performance

Shares of NYSE CEIX opened at $101.14 on Friday. The company’s fifty day moving average price is $100.15 and its 200 day moving average price is $80.23. CONSOL Energy Inc. has a 1 year low of $49.35 and a 1 year high of $112.49. The company has a market capitalization of $3.14 billion, a PE ratio of 5.06 and a beta of 1.80. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.06 and a current ratio of 1.28.

Insider Buying and Selling

In related news, Director Joseph P. Platt, Jr. sold 10,227 shares of the stock in a transaction on Friday, September 15th. The shares were sold at an average price of $98.33, for a total transaction of $1,005,620.91. Following the sale, the director now directly owns 33,957 shares of the company’s stock, valued at $3,338,991.81. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 2.49% of the stock is currently owned by insiders.

CONSOL Energy Profile

CONSOL Energy Inc produces and exports bituminous coal in the United States. It operates through Pennsylvania Mining Complex and CONSOL Marine Terminal segment. The company's Pennsylvania Mining Complex segment engages in mining, preparation, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.