95,859 Shares in CONSOL Energy Inc. (NYSE:CEIX) Bought by International Assets Investment Management LLC

International Assets Investment Management LLC acquired a new stake in shares of CONSOL Energy Inc. (NYSE:CEIX) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 95,859 shares of the company’s stock, valued at approximately $10,032,000. International Assets Investment Management LLC owned about 0.33% of CONSOL Energy as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted 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 worth $214,602,000 after buying an additional 125,087 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of CONSOL Energy by 6.8% during the 2nd quarter. American Century Companies Inc. now owns 611,291 shares of the company’s stock worth $62,370,000 after purchasing an additional 38,669 shares during the last quarter. Samlyn Capital LLC acquired a new position in shares of CONSOL Energy during the 2nd quarter worth approximately $36,033,000. Hennessy Advisors Inc. boosted its holdings in shares of CONSOL Energy by 18.1% during the 2nd quarter. Hennessy Advisors Inc. now owns 279,000 shares of the company’s stock worth $28,466,000 after purchasing an additional 42,800 shares during the last quarter. Finally, Goehring & Rozencwajg Associates LLC raised its position 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 valued at $20,184,000 after buying an additional 22,900 shares during the period. Hedge funds and other institutional investors own 86.54% of the company’s stock.

CONSOL Energy Stock Down 0.6 %

Shares of NYSE CEIX opened at $109.67 on Thursday. The firm has a market cap of $3.22 billion, a price-to-earnings ratio of 6.65 and a beta of 1.73. The company has a quick ratio of 1.31, a current ratio of 1.55 and a debt-to-equity ratio of 0.13. CONSOL Energy Inc. has a 52-week low of $75.43 and a 52-week high of $114.30. The business’s 50 day moving average is $101.18 and its two-hundred day moving average is $97.03.

CONSOL Energy (NYSE:CEIX) last announced its earnings results on Thursday, August 8th. The company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.68. CONSOL Energy had a return on equity of 30.50% and a net margin of 18.28%. The company had revenue of $501.10 million for the quarter, compared to analyst estimates of $429.90 million. During the same quarter in the previous year, the company earned $4.94 earnings per share. Research analysts predict that CONSOL Energy Inc. will post 11.53 EPS for the current year.

CONSOL Energy Cuts Dividend

The business also recently disclosed 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. This represents a dividend yield of 0.5%. The ex-dividend date was Friday, August 30th. CONSOL Energy’s dividend payout ratio is currently 1.52%.

Wall Street Analyst Weigh In

Separately, B. Riley lifted their price target on shares of CONSOL Energy from $109.00 to $138.00 and gave the company a “buy” rating in a research report on Monday, October 7th.

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.