CONSOL Energy (NYSE:CEIX) Shares Down 2.3%

CONSOL Energy Inc. (NYSE:CEIX) dropped 2.3% during trading on Tuesday . The stock traded as low as $82.31 and last traded at $82.31. Approximately 13,089 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 560,456 shares. The stock had previously closed at $84.22.

Analyst Ratings Changes

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

CONSOL Energy Price Performance

The stock has a market capitalization of $2.47 billion, a price-to-earnings ratio of 4.28 and a beta of 1.76. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.16 and a current ratio of 1.35. The company has a fifty day simple moving average of $83.77 and a two-hundred day simple moving average of $94.05.

CONSOL Energy (NYSE:CEIX) last issued its earnings results on Tuesday, February 6th. The company reported $5.05 earnings per share for the quarter, beating analysts’ consensus estimates of $4.28 by $0.77. CONSOL Energy had a net margin of 25.53% and a return on equity of 49.80%. The firm had revenue of $649.90 million for the quarter, compared to analyst estimates of $608.90 million. During the same quarter last year, the business posted $3.89 earnings per share. The company’s quarterly revenue was up 2.0% on a year-over-year basis. As a group, equities research analysts expect that CONSOL Energy Inc. will post 11.02 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CAO John Rothka sold 2,000 shares of CONSOL Energy stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $94.56, for a total transaction of $189,120.00. Following the completion of the transaction, the chief accounting officer now directly owns 13,108 shares in the company, valued at $1,239,492.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.10% of the company’s stock.

Institutional Trading of CONSOL Energy

A number of hedge funds have recently bought and sold shares of CEIX. Benjamin F. Edwards & Company Inc. bought a new stake in shares of CONSOL Energy during the 4th quarter worth $28,000. Parallel Advisors LLC grew its position in shares of CONSOL Energy by 101.4% during the 4th quarter. Parallel Advisors LLC now owns 298 shares of the company’s stock valued at $30,000 after acquiring an additional 150 shares during the period. Parkside Financial Bank & Trust raised its holdings in shares of CONSOL Energy by 866.7% in the 3rd quarter. Parkside Financial Bank & Trust now owns 464 shares of the company’s stock worth $49,000 after purchasing an additional 416 shares during the period. FSC Wealth Advisors LLC purchased a new position in CONSOL Energy in the third quarter valued at approximately $50,000. Finally, Quadrant Capital Group LLC grew its holdings in CONSOL Energy by 41.7% during the fourth quarter. Quadrant Capital Group LLC now owns 768 shares of the company’s stock valued at $77,000 after purchasing an additional 226 shares during the period. 86.54% of the stock is currently owned by institutional investors.

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.