Virtu Financial LLC Makes New Investment in CONSOL Energy Inc. (NYSE:CEIX)

Virtu Financial LLC purchased a new stake in CONSOL Energy Inc. (NYSE:CEIX) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 4,167 shares of the company’s stock, valued at approximately $419,000.

Other large investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its position in CONSOL Energy by 3.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,140,661 shares of the company’s stock valued at $215,203,000 after buying an additional 71,873 shares in the last quarter. Pacer Advisors Inc. raised its position in shares of CONSOL Energy by 58.3% in the 4th quarter. Pacer Advisors Inc. now owns 1,208,213 shares of the company’s stock valued at $121,462,000 after purchasing an additional 445,155 shares during the last quarter. Invesco Ltd. boosted its stake in 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 purchasing an additional 8,190 shares in the last quarter. American Century Companies Inc. grew its position in CONSOL Energy by 8.4% during the 3rd quarter. American Century Companies Inc. now owns 418,065 shares of the company’s stock worth $43,859,000 after purchasing an additional 32,492 shares during the last quarter. Finally, First Trust Advisors LP increased its stake in CONSOL Energy by 8.5% during the 4th quarter. First Trust Advisors LP now owns 312,233 shares of the company’s stock valued at $31,389,000 after purchasing an additional 24,529 shares in the last quarter. 86.54% of the stock is owned by institutional investors.

CONSOL Energy Stock Performance

Shares of NYSE CEIX opened at $97.24 on Wednesday. The company has a market capitalization of $2.86 billion, a PE ratio of 5.90 and a beta of 1.73. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.21 and a current ratio of 1.47. The company’s fifty day moving average price is $91.04 and its 200 day moving average price is $91.24. CONSOL Energy Inc. has a 1 year low of $61.72 and a 1 year high of $114.30.

CONSOL Energy (NYSE:CEIX) last posted its quarterly earnings data on Tuesday, May 7th. The company reported $3.39 EPS for the quarter, beating analysts’ consensus estimates of $2.19 by $1.20. CONSOL Energy had a return on equity of 39.24% and a net margin of 21.57%. The business had revenue of $565.00 million during the quarter, compared to analysts’ expectations of $516.85 million. During the same period in the previous year, the business earned $6.55 earnings per share. The business’s revenue was down 17.9% compared to the same quarter last year. On average, research analysts predict that CONSOL Energy Inc. will post 11.58 earnings per share for the current year.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In related news, CEO James A. Brock sold 5,400 shares of the stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $98.21, for a total value of $530,334.00. Following the completion of the sale, the chief executive officer now owns 532,087 shares of the company’s stock, valued at $52,256,264.27. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.10% of the stock is currently owned by corporate insiders.

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.