CONSOL Energy Inc. (NYSE:CEIX) Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its holdings in CONSOL Energy Inc. (NYSE:CEIX) by 36.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,660 shares of the company’s stock after purchasing an additional 1,792 shares during the quarter. BNP Paribas Financial Markets’ holdings in CONSOL Energy were worth $697,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CEIX. Samlyn Capital LLC purchased a new position in CONSOL Energy during the second quarter worth about $36,033,000. Royce & Associates LP increased its position in shares of CONSOL Energy by 141.5% in the third quarter. Royce & Associates LP now owns 10,695 shares of the company’s stock worth $1,119,000 after acquiring an additional 6,266 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in CONSOL Energy in the third quarter valued at approximately $3,619,000. Intech Investment Management LLC boosted its position in CONSOL Energy by 54.0% in the 3rd quarter. Intech Investment Management LLC now owns 13,055 shares of the company’s stock valued at $1,366,000 after buying an additional 4,575 shares during the last quarter. Finally, Hourglass Capital LLC raised its holdings in CONSOL Energy by 41.3% in the third quarter. Hourglass Capital LLC now owns 47,120 shares of the company’s stock valued at $4,931,000 after acquiring an additional 13,770 shares in the last quarter. Hedge funds and other institutional investors own 86.54% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. B. Riley upped their price target on shares of CONSOL Energy from $109.00 to $138.00 and gave the stock a “buy” rating in a research report on Monday, October 7th. Benchmark increased their target price on shares of CONSOL Energy from $105.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, November 18th.

CONSOL Energy Stock Up 0.9 %

Shares of CEIX opened at $118.06 on Friday. The firm has a market capitalization of $3.47 billion, a P/E ratio of 8.67 and a beta of 1.76. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.16 and a current ratio of 1.38. CONSOL Energy Inc. has a 52 week low of $75.43 and a 52 week high of $134.59. The company has a 50-day simple moving average of $117.98 and a 200-day simple moving average of $104.94.

CONSOL Energy (NYSE:CEIX) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $3.22 EPS for the quarter, topping analysts’ consensus estimates of $3.17 by $0.05. CONSOL Energy had a return on equity of 28.96% and a net margin of 18.02%. The company had revenue of $574.90 million for the quarter, compared to analyst estimates of $554.00 million. During the same quarter in the previous year, the firm earned $3.11 earnings per share. The business’s revenue was up .9% on a year-over-year basis. On average, equities research analysts expect that CONSOL Energy Inc. will post 11.57 earnings per share for the current year.

CONSOL Energy Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Friday, November 15th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.85%. The ex-dividend date was Friday, November 15th. CONSOL Energy’s payout ratio is 7.34%.

CONSOL Energy 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.