International Assets Investment Management LLC Boosts Stake in CONSOL Energy Inc. (NYSE:CEIX)

International Assets Investment Management LLC raised its position in CONSOL Energy Inc. (NYSE:CEIX) by 6,046.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 142,350 shares of the company’s stock after purchasing an additional 140,034 shares during the period. International Assets Investment Management LLC’s holdings in CONSOL Energy were worth $14,310,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Pacer Advisors Inc. grew its holdings in shares of CONSOL Energy by 58.3% during the fourth quarter. Pacer Advisors Inc. now owns 1,208,213 shares of the company’s stock worth $121,462,000 after buying an additional 445,155 shares during the last quarter. Invesco Ltd. lifted its stake in shares of CONSOL Energy by 1.9% in the 3rd quarter. Invesco Ltd. now owns 442,081 shares of the company’s stock worth $46,379,000 after acquiring an additional 8,190 shares during the period. 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 valued at $43,859,000 after acquiring an additional 32,492 shares in the last quarter. Dalal Street LLC increased its stake in shares of CONSOL Energy by 94.9% during the third quarter. Dalal Street LLC now owns 396,570 shares of the company’s stock worth $41,604,000 after acquiring an additional 193,096 shares during the period. Finally, J.P. Morgan Private Wealth Advisors LLC purchased a new position in CONSOL Energy during the third quarter worth about $31,922,000. 86.54% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CAO John Rothka sold 2,000 shares of CONSOL Energy stock in a transaction that occurred on Thursday, March 7th. The shares were 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 in the company, valued at approximately $1,239,492.48. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.10% of the stock is currently owned by company insiders.

CONSOL Energy Trading Up 2.1 %

Shares of CEIX stock opened at $83.89 on Friday. The business’s fifty day moving average price is $84.54 and its 200 day moving average price is $92.68. The firm has a market capitalization of $2.48 billion, a PE ratio of 4.27 and a beta of 1.77. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.35 and a quick ratio of 1.16. CONSOL Energy Inc. has a 1-year low of $53.40 and a 1-year high of $114.30.

CONSOL Energy (NYSE:CEIX) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $5.05 earnings per share for the quarter, topping analysts’ consensus estimates of $4.28 by $0.77. CONSOL Energy had a net margin of 25.53% and a return on equity of 49.80%. The business had revenue of $649.90 million for the quarter, compared to analysts’ expectations of $608.90 million. During the same period in the prior year, the company posted $3.89 EPS. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. As a group, sell-side analysts forecast that CONSOL Energy Inc. will post 11.02 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.