Samlyn Capital LLC Acquires Shares of 353,163 CONSOL Energy Inc. (NYSE:CEIX)

Samlyn Capital LLC acquired a new stake in shares of CONSOL Energy Inc. (NYSE:CEIX) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 353,163 shares of the company’s stock, valued at approximately $36,033,000. Samlyn Capital LLC owned approximately 1.20% of CONSOL Energy at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Evergreen Capital Management LLC lifted its stake in CONSOL Energy by 4.0% during the 2nd quarter. Evergreen Capital Management LLC now owns 3,855 shares of the company’s stock valued at $393,000 after acquiring an additional 147 shares in the last quarter. Public Sector Pension Investment Board raised its stake in shares of CONSOL Energy by 6.5% during the 2nd quarter. Public Sector Pension Investment Board now owns 58,175 shares of the company’s stock worth $5,936,000 after purchasing an additional 3,557 shares during the period. Intech Investment Management LLC bought a new stake in shares of CONSOL Energy during the 2nd quarter worth $865,000. Goehring & Rozencwajg Associates LLC raised its stake in shares of CONSOL Energy by 13.1% during the 2nd quarter. Goehring & Rozencwajg Associates LLC now owns 197,822 shares of the company’s stock worth $20,184,000 after purchasing an additional 22,900 shares during the period. Finally, Resolute Capital Asset Partners LLC bought a new stake in shares of CONSOL Energy during the 2nd quarter worth $3,061,000. 86.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, B. Riley lifted their price objective on CONSOL Energy from $103.00 to $109.00 and gave the stock a “buy” rating in a report on Friday, September 6th.

Insider Activity

In related news, CEO James A. Brock sold 1,700 shares of the business’s stock in a transaction that occurred on Thursday, June 27th. The stock was sold at an average price of $99.55, for a total value of $169,235.00. Following the completion of the sale, the chief executive officer now owns 529,487 shares in the company, valued at approximately $52,710,430.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.10% of the company’s stock.

CONSOL Energy Trading Down 0.6 %

Shares of CEIX opened at $96.71 on Tuesday. The business has a 50-day moving average of $95.90 and a 200 day moving average of $92.82. CONSOL Energy Inc. has a fifty-two week low of $75.43 and a fifty-two week high of $114.30. The firm has a market cap of $2.84 billion, a P/E ratio of 5.86 and a beta of 1.72. 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 posted its earnings results on Thursday, August 8th. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.68. The business had revenue of $501.10 million during the quarter, compared to analyst estimates of $429.90 million. CONSOL Energy had a return on equity of 30.50% and a net margin of 18.28%. During the same quarter in the previous year, the firm earned $4.94 EPS. As a group, research analysts forecast that CONSOL Energy Inc. will post 11.54 EPS for the current year.

CONSOL Energy Cuts Dividend

The firm also recently declared a Variable dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 30th were given a dividend of $0.25 per share. The ex-dividend date was Friday, August 30th. This represents a dividend yield of 0.5%. CONSOL Energy’s dividend payout ratio (DPR) is presently 1.52%.

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.