Maryland State Retirement & Pension System Has $1.02 Million Stock Position in CONSOL Energy Inc. (NYSE:CEIX)

Maryland State Retirement & Pension System cut its stake in CONSOL Energy Inc. (NYSE:CEIX) by 4.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 10,143 shares of the company’s stock after selling 460 shares during the quarter. Maryland State Retirement & Pension System’s holdings in CONSOL Energy were worth $1,020,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Illinois Municipal Retirement Fund acquired a new stake in CONSOL Energy during the 3rd quarter valued at $1,835,000. Pacer Advisors Inc. increased its position 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 in the last quarter. International Assets Investment Management LLC raised its stake in shares of CONSOL Energy by 6,046.4% in the fourth quarter. International Assets Investment Management LLC now owns 142,350 shares of the company’s stock worth $14,310,000 after acquiring an additional 140,034 shares during the last quarter. Investment House LLC bought a new stake in shares of CONSOL Energy during the fourth quarter valued at approximately $1,486,000. Finally, Dalal Street LLC raised its position in CONSOL Energy by 94.9% in the 3rd quarter. Dalal Street LLC now owns 396,570 shares of the company’s stock worth $41,604,000 after purchasing an additional 193,096 shares during the last quarter. Institutional investors own 86.54% of the company’s stock.

CONSOL Energy Stock Up 2.6 %

Shares of NYSE:CEIX opened at $87.92 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.35 and a quick ratio of 1.16. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 5.33 and a beta of 1.77. The company has a 50 day moving average of $84.74 and a 200-day moving average of $92.21. CONSOL Energy Inc. has a one year low of $53.40 and a one year high of $114.30.

CONSOL Energy (NYSE:CEIX) last released its earnings results on Tuesday, May 7th. The company reported $3.39 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $1.20. The firm had revenue of $565.00 million during the quarter, compared to analyst estimates of $516.85 million. CONSOL Energy had a net margin of 25.53% and a return on equity of 49.80%. The business’s quarterly revenue was down 17.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.55 EPS. On average, sell-side analysts forecast that CONSOL Energy Inc. will post 11.02 earnings per share for the current year.

Analyst Ratings Changes

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

Insider Activity at CONSOL Energy

In other CONSOL Energy news, CAO John Rothka sold 2,000 shares of the firm’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $94.56, for a total transaction of $189,120.00. Following the transaction, the chief accounting officer now owns 13,108 shares in the company, valued at $1,239,492.48. The sale was disclosed in a document filed with the SEC, which is available through this link. 2.10% of the stock is currently owned by corporate insiders.

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.