GAMMA Investing LLC Has $160,000 Stock Holdings in CONSOL Energy Inc. (NYSE:CEIX)

GAMMA Investing LLC lifted its stake in CONSOL Energy Inc. (NYSE:CEIX) by 25.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,504 shares of the company’s stock after purchasing an additional 304 shares during the quarter. GAMMA Investing LLC’s holdings in CONSOL Energy were worth $160,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in shares of CONSOL Energy by 0.3% in the third quarter. JPMorgan Chase & Co. now owns 242,941 shares of the company’s stock worth $25,424,000 after buying an additional 611 shares during the period. Synovus Financial Corp acquired a new position in CONSOL Energy in the 3rd quarter worth approximately $314,000. Chiron Investment Management LLC boosted its stake in CONSOL Energy by 5.9% in the 3rd quarter. Chiron Investment Management LLC now owns 5,919 shares of the company’s stock worth $619,000 after purchasing an additional 331 shares during the period. Geode Capital Management LLC grew its position in CONSOL Energy by 4.4% during the 3rd quarter. Geode Capital Management LLC now owns 751,044 shares of the company’s stock worth $78,609,000 after purchasing an additional 31,310 shares in the last quarter. Finally, Vestcor Inc raised its stake in CONSOL Energy by 21.5% during the 3rd quarter. Vestcor Inc now owns 33,105 shares of the company’s stock valued at $3,464,000 after purchasing an additional 5,860 shares during the period. Hedge funds and other institutional investors own 86.54% of the company’s stock.

Analyst Upgrades and Downgrades

CEIX has been the topic of a number of research analyst reports. B. Riley lifted their price target on CONSOL Energy from $109.00 to $138.00 and gave the company a “buy” rating in a report on Monday, October 7th. Benchmark lifted their target price on 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 Down 0.6 %

CEIX stock opened at $105.85 on Thursday. The company has a 50 day moving average of $117.78 and a two-hundred day moving average of $106.16. The company has a quick ratio of 1.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.05. CONSOL Energy Inc. has a 12-month low of $75.43 and a 12-month high of $134.59. The company has a market cap of $3.11 billion, a price-to-earnings ratio of 7.77 and a beta of 1.80.

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

CONSOL Energy Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Friday, November 15th were paid a $0.25 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.00 annualized dividend and a dividend yield of 0.94%. CONSOL Energy’s payout ratio is 7.34%.

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.