Raymond James Financial Services Advisors Inc. Buys 2,615 Shares of CONSOL Energy Inc. (NYSE:CEIX)

Raymond James Financial Services Advisors Inc. boosted its stake in shares of CONSOL Energy Inc. (NYSE:CEIX) by 29.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,507 shares of the company’s stock after purchasing an additional 2,615 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in CONSOL Energy were worth $1,157,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Illinois Municipal Retirement Fund bought a new stake in CONSOL Energy during the third quarter valued at about $1,835,000. Dalal Street LLC boosted its position in CONSOL Energy by 94.9% during the third quarter. Dalal Street LLC now owns 396,570 shares of the company’s stock valued at $41,604,000 after purchasing an additional 193,096 shares in the last quarter. UBS Group AG boosted its position in CONSOL Energy by 2,301.5% during the third quarter. UBS Group AG now owns 116,955 shares of the company’s stock valued at $12,270,000 after purchasing an additional 112,085 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its position in CONSOL Energy by 63.7% during the third quarter. O Shaughnessy Asset Management LLC now owns 54,455 shares of the company’s stock valued at $5,713,000 after purchasing an additional 21,196 shares in the last quarter. Finally, EAM Investors LLC purchased a new stake in CONSOL Energy in the third quarter valued at about $3,507,000. Institutional investors own 86.54% of the company’s stock.

Insider Transactions at CONSOL Energy

In other news, CAO John Rothka sold 2,000 shares of the firm’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $94.56, for a total value of $189,120.00. Following the completion of the transaction, the chief accounting officer now directly owns 13,108 shares in the company, valued at $1,239,492.48. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 2.49% of the company’s stock.

Wall Street Analyst Weigh In

Separately, B. Riley decreased their price target on CONSOL Energy from $100.00 to $98.00 and set a “buy” rating for the company in a research note on Wednesday.

CONSOL Energy Trading Up 0.3 %

CONSOL Energy stock opened at $83.61 on Friday. The stock has a 50-day moving average of $83.84 and a two-hundred day moving average of $94.76. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.16 and a current ratio of 1.35. CONSOL Energy Inc. has a one year low of $53.40 and a one year high of $114.30. The stock has a market cap of $2.48 billion, a PE ratio of 4.25 and a beta of 1.76.

CONSOL Energy (NYSE:CEIX) last released its quarterly earnings results on Tuesday, February 6th. The company reported $5.05 EPS for the quarter, beating analysts’ consensus estimates of $4.28 by $0.77. CONSOL Energy had a return on equity of 49.80% and a net margin of 25.53%. The company had revenue of $649.90 million during the quarter, compared to analysts’ expectations of $608.90 million. During the same period last year, the business posted $3.89 earnings per share. The firm’s revenue was up 2.0% compared to the same quarter last year. On average, research analysts anticipate that CONSOL Energy Inc. will post 11.02 EPS for the current fiscal year.

CONSOL Energy Company 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.