Allspring Global Investments Holdings LLC Reduces Holdings in CONSOL Energy Inc. (NYSE:CEIX)

Allspring Global Investments Holdings LLC trimmed its holdings in shares of CONSOL Energy Inc. (NYSE:CEIX) by 4.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,779 shares of the company’s stock after selling 1,252 shares during the period. Allspring Global Investments Holdings LLC owned about 0.09% of CONSOL Energy worth $2,630,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of CEIX. Benjamin F. Edwards & Company Inc. acquired a new stake in CONSOL Energy during the fourth quarter worth approximately $28,000. Parallel Advisors LLC boosted its position in CONSOL Energy by 101.4% during the fourth quarter. Parallel Advisors LLC now owns 298 shares of the company’s stock worth $30,000 after acquiring an additional 150 shares during the last quarter. Blue Trust Inc. boosted its position in CONSOL Energy by 2,931.3% during the second quarter. Blue Trust Inc. now owns 485 shares of the company’s stock worth $49,000 after acquiring an additional 469 shares during the last quarter. CWM LLC boosted its position in CONSOL Energy by 70.7% during the second quarter. CWM LLC now owns 531 shares of the company’s stock worth $54,000 after acquiring an additional 220 shares during the last quarter. Finally, EntryPoint Capital LLC acquired a new stake in CONSOL Energy during the first quarter worth approximately $56,000. 86.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at CONSOL Energy

In other CONSOL Energy news, CEO James A. Brock sold 1,700 shares of CONSOL Energy stock in a transaction on Thursday, June 27th. The shares were sold at an average price of $99.55, for a total value of $169,235.00. Following the transaction, the chief executive officer now owns 529,487 shares in the company, valued at approximately $52,710,430.85. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.10% of the stock is owned by company insiders.

CONSOL Energy Stock Up 0.7 %

Shares of NYSE CEIX opened at $102.28 on Tuesday. CONSOL Energy Inc. has a 1 year low of $75.43 and a 1 year high of $114.30. The firm’s 50 day moving average price is $98.06 and its 200 day moving average price is $91.76. The firm has a market cap of $3.01 billion, a P/E ratio of 6.20 and a beta of 1.77. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.31 and a current ratio of 1.55.

CONSOL Energy (NYSE:CEIX) last announced its earnings results on Thursday, August 8th. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.68. CONSOL Energy had a net margin of 18.28% and a return on equity of 30.50%. The firm had revenue of $501.10 million for the quarter, compared to analyst estimates of $429.90 million. During the same quarter last year, the business earned $4.94 earnings per share. As a group, sell-side analysts anticipate that CONSOL Energy Inc. will post 11.46 earnings per share for the current year.

CONSOL Energy Cuts Dividend

The business also recently declared a Variable dividend, which will be paid on Friday, September 13th. Shareholders of record on Friday, August 30th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a dividend yield of 0.5%.

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.