Commonwealth of Pennsylvania Public School Empls Retrmt SYS Buys 702 Shares of Core Natural Resources, Inc. $CNR

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Core Natural Resources, Inc. (NYSE:CNR) by 5.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,844 shares of the energy company’s stock after purchasing an additional 702 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Core Natural Resources were worth $896,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. US Bancorp DE bought a new stake in shares of Core Natural Resources in the first quarter valued at about $47,000. Banque Transatlantique SA acquired a new stake in Core Natural Resources in the 1st quarter valued at approximately $59,000. Smartleaf Asset Management LLC bought a new stake in Core Natural Resources in the 1st quarter valued at approximately $69,000. Resources Management Corp CT ADV bought a new stake in Core Natural Resources in the 1st quarter valued at approximately $88,000. Finally, Allworth Financial LP boosted its position in Core Natural Resources by 4,079.3% during the 2nd quarter. Allworth Financial LP now owns 1,212 shares of the energy company’s stock worth $85,000 after acquiring an additional 1,183 shares during the last quarter. Institutional investors own 86.54% of the company’s stock.

Analyst Upgrades and Downgrades

CNR has been the topic of a number of recent research reports. Benchmark reiterated a “buy” rating on shares of Core Natural Resources in a report on Monday, November 10th. Zacks Research downgraded shares of Core Natural Resources from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 4th. UBS Group lifted their price target on shares of Core Natural Resources from $89.00 to $105.50 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Jefferies Financial Group raised shares of Core Natural Resources from a “hold” rating to a “buy” rating and boosted their price target for the stock from $90.00 to $125.00 in a research report on Friday, October 10th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Core Natural Resources in a report on Wednesday. Five analysts have rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $119.10.

Insiders Place Their Bets

In other Core Natural Resources news, CAO John Rothka sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of $95.00, for a total value of $95,000.00. Following the sale, the chief accounting officer owned 10,307 shares in the company, valued at $979,165. This represents a 8.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Patrick A. Kriegshauser sold 3,043 shares of Core Natural Resources stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $77.07, for a total value of $234,524.01. Following the transaction, the director owned 23,348 shares of the company’s stock, valued at $1,799,430.36. This represents a 11.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,043 shares of company stock valued at $740,524 over the last 90 days. 1.41% of the stock is currently owned by insiders.

Core Natural Resources Stock Performance

NYSE CNR opened at $77.54 on Monday. The company has a current ratio of 1.78, a quick ratio of 1.25 and a debt-to-equity ratio of 0.09. The firm’s fifty day moving average price is $84.36 and its two-hundred day moving average price is $76.59. Core Natural Resources, Inc. has a 1 year low of $58.19 and a 1 year high of $134.59. The firm has a market capitalization of $3.97 billion, a P/E ratio of 35.57 and a beta of 0.63.

Core Natural Resources (NYSE:CNR) last announced its quarterly earnings data on Thursday, November 6th. The energy company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of ($1.40) by $2.01. The company had revenue of $1 billion during the quarter, compared to the consensus estimate of $1.05 billion. Core Natural Resources had a net margin of 0.63% and a return on equity of 3.01%. The company’s revenue for the quarter was up 74.4% on a year-over-year basis. As a group, research analysts anticipate that Core Natural Resources, Inc. will post 11.4 EPS for the current year.

Core Natural Resources Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be issued a dividend of $0.10 per share. The ex-dividend date is Friday, November 28th. This represents a $0.40 dividend on an annualized basis and a yield of 0.5%. Core Natural Resources’s dividend payout ratio (DPR) is presently -93.02%.

About Core Natural Resources

Core Natural Resources, 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.