Barclays PLC Increases Stake in CONSOL Energy Inc. (NYSE:CEIX)

Barclays PLC increased its holdings in CONSOL Energy Inc. (NYSE:CEIXFree Report) by 6.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 47,363 shares of the company’s stock after acquiring an additional 2,869 shares during the quarter. Barclays PLC’s holdings in CONSOL Energy were worth $4,968,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Quadrant Capital Group LLC raised 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 worth $37,000 after acquiring an additional 359 shares during the period. FSC Wealth Advisors LLC bought a new stake in CONSOL Energy during the 3rd quarter worth approximately $50,000. Quarry LP raised its position in shares of CONSOL Energy by 109.0% during the first quarter. Quarry LP now owns 903 shares of the company’s stock valued at $53,000 after buying an additional 471 shares during the last quarter. Ameritas Investment Partners Inc. raised its position in shares of CONSOL Energy by 10.8% during the first quarter. Ameritas Investment Partners Inc. now owns 2,677 shares of the company’s stock valued at $101,000 after buying an additional 260 shares during the last quarter. Finally, Captrust Financial Advisors raised its position in shares of CONSOL Energy by 60.6% during the first quarter. Captrust Financial Advisors now owns 2,891 shares of the company’s stock valued at $109,000 after buying an additional 1,091 shares during the last quarter. Hedge funds and other institutional investors own 87.63% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, B. Riley reduced their price objective on shares of CONSOL Energy from $111.00 to $100.00 and set a “buy” rating on the stock in a research report on Wednesday.

View Our Latest Report on CEIX

Insider Buying and Selling

In related news, CEO James A. Brock sold 1,622 shares of the business’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $98.29, for a total value of $159,426.38. Following the sale, the chief executive officer now owns 538,398 shares in the company, valued at $52,919,139.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO James A. Brock sold 6,669 shares of the business’s stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $102.55, for a total transaction of $683,905.95. Following the completion of the sale, the chief executive officer now directly owns 526,682 shares of the company’s stock, valued at $54,011,239.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO James A. Brock sold 1,622 shares of the business’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $98.29, for a total transaction of $159,426.38. Following the sale, the chief executive officer now directly owns 538,398 shares of the company’s stock, valued at $52,919,139.42. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,625 shares of company stock worth $1,176,732. Insiders own 2.49% of the company’s stock.

CONSOL Energy Trading Down 3.0 %

CONSOL Energy stock opened at $83.20 on Friday. The stock has a market cap of $2.58 billion, a P/E ratio of 4.23 and a beta of 1.82. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.35 and a quick ratio of 1.06. CONSOL Energy Inc. has a 1 year low of $49.35 and a 1 year high of $114.30. The firm’s 50 day moving average price is $97.88 and its 200-day moving average price is $95.24.

CONSOL Energy (NYSE:CEIXGet Free Report) last announced its quarterly earnings results on Tuesday, February 6th. The company reported $5.05 earnings per share for the quarter, topping the consensus estimate of $4.28 by $0.77. CONSOL Energy had a net margin of 25.53% and a return on equity of 49.80%. The company had revenue of $649.90 million for the quarter, compared to analysts’ expectations of $608.90 million. During the same quarter in the previous year, the business posted $3.89 earnings per share. CONSOL Energy’s quarterly revenue was up 2.0% on a year-over-year basis. On average, equities analysts predict that CONSOL Energy Inc. will post 15.17 earnings per share for the current fiscal year.

About CONSOL Energy

(Free Report)

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.

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Institutional Ownership by Quarter for CONSOL Energy (NYSE:CEIX)

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