Blue Trust Inc. Has $58,000 Stock Holdings in Core Natural Resources, Inc. (NYSE:CNR)

Blue Trust Inc. decreased its position in Core Natural Resources, Inc. (NYSE:CNR) by 57.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 413 shares of the energy company’s stock after selling 565 shares during the period. Blue Trust Inc.’s holdings in Core Natural Resources were worth $58,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Creative Planning lifted its position in Core Natural Resources by 94.9% during the 3rd quarter. Creative Planning now owns 5,287 shares of the energy company’s stock valued at $730,000 after purchasing an additional 2,575 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Core Natural Resources in the third quarter valued at about $10,032,000. Arkadios Wealth Advisors lifted its stake in Core Natural Resources by 86.1% in the third quarter. Arkadios Wealth Advisors now owns 5,668 shares of the energy company’s stock valued at $593,000 after acquiring an additional 2,623 shares during the last quarter. FCG Investment Co bought a new stake in Core Natural Resources in the 3rd quarter valued at $1,005,000. Finally, Hi Line Capital Management LLC acquired a new position in shares of Core Natural Resources in the third quarter valued at approximately $3,305,000. 86.54% of the stock is owned by institutional investors and hedge funds.

Core Natural Resources Trading Down 2.6 %

NYSE:CNR opened at $75.78 on Tuesday. Core Natural Resources, Inc. has a one year low of $74.45 and a one year high of $134.59. The business has a fifty day moving average price of $124.67 and a 200-day moving average price of $136.96. The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of 7.89 and a beta of 1.74. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.38 and a quick ratio of 1.16.

Core Natural Resources (NYSE:CNR) last announced its quarterly earnings data on Thursday, February 20th. The energy company reported $3.07 EPS for the quarter, beating the consensus estimate of $1.63 by $1.44. Core Natural Resources had a net margin of 12.81% and a return on equity of 23.87%. The firm had revenue of $595.29 million for the quarter, compared to the consensus estimate of $493.50 million. Sell-side analysts forecast that Core Natural Resources, Inc. will post 11.4 EPS for the current year.

Core Natural Resources Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a $0.10 dividend. The ex-dividend date is Monday, March 3rd. This represents a $0.40 annualized dividend and a yield of 0.53%. Core Natural Resources’s dividend payout ratio is currently 4.16%.

Analyst Ratings Changes

Several research analysts have commented on CNR shares. StockNews.com began coverage on shares of Core Natural Resources in a research report on Thursday, January 30th. They set a “hold” rating for the company. Benchmark lifted their price target on shares of Core Natural Resources from $105.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, November 18th. B. Riley lowered their price objective on Core Natural Resources from $140.00 to $136.00 and set a “buy” rating for the company in a research note on Monday. Piper Sandler raised shares of Core Natural Resources from a “neutral” rating to an “overweight” rating and cut their price target for the stock from $165.00 to $150.00 in a report on Monday, January 6th. Finally, Jefferies Financial Group upgraded shares of Core Natural Resources from a “hold” rating to a “buy” rating and reduced their price objective for the company from $165.00 to $150.00 in a research note on Monday, January 6th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $158.50.

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.