James A. Brock Sells 1,700 Shares of CONSOL Energy Inc. (NYSE:CEIX) Stock

CONSOL Energy Inc. (NYSE:CEIX) CEO James A. Brock sold 1,700 shares of the stock in a transaction dated Thursday, June 27th. The stock was sold at an average price of $99.55, for a total transaction of $169,235.00. Following the sale, the chief executive officer now directly owns 529,487 shares in the company, valued at $52,710,430.85. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

CONSOL Energy Trading Down 3.8 %

Shares of CONSOL Energy stock opened at $103.25 on Wednesday. The firm has a market capitalization of $3.03 billion, a PE ratio of 6.26 and a beta of 1.77. CONSOL Energy Inc. has a twelve month low of $61.72 and a twelve month high of $114.30. The firm’s 50-day moving average price is $94.15 and its 200 day moving average price is $91.16. The company has a current ratio of 1.47, a quick ratio of 1.21 and a debt-to-equity ratio of 0.13.

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

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of CEIX. Vanguard Group Inc. raised its holdings in CONSOL Energy by 5.1% in the 1st quarter. Vanguard Group Inc. now owns 2,562,110 shares of the company’s stock valued at $214,602,000 after acquiring an additional 125,087 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in CONSOL Energy by 3.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,140,661 shares of the company’s stock valued at $215,203,000 after acquiring an additional 71,873 shares during the last quarter. Pacer Advisors Inc. raised its holdings in 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 acquiring an additional 445,155 shares during the last quarter. American Century Companies Inc. raised its holdings in CONSOL Energy by 8.4% in the 3rd quarter. American Century Companies Inc. now owns 418,065 shares of the company’s stock valued at $43,859,000 after acquiring an additional 32,492 shares during the last quarter. Finally, First Trust Advisors LP raised its holdings in CONSOL Energy by 8.5% in the 4th quarter. First Trust Advisors LP now owns 312,233 shares of the company’s stock valued at $31,389,000 after acquiring an additional 24,529 shares during the last quarter. 86.54% of the stock is owned by hedge funds and other institutional investors.

About CONSOL Energy

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.