Autumn Glory Partners LLC Takes Position in CNX Resources Corporation. $CNX

Autumn Glory Partners LLC bought a new position in shares of CNX Resources Corporation. (NYSE:CNX) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 6,010 shares of the oil and gas producer’s stock, valued at approximately $202,000.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in shares of CNX Resources by 3,220.4% during the first quarter. GAMMA Investing LLC now owns 106,119 shares of the oil and gas producer’s stock valued at $3,371,000 after purchasing an additional 102,923 shares during the last quarter. UMB Bank n.a. increased its position in shares of CNX Resources by 59.7% during the 1st quarter. UMB Bank n.a. now owns 2,062 shares of the oil and gas producer’s stock valued at $65,000 after purchasing an additional 771 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of CNX Resources by 21.0% during the 1st quarter. Farther Finance Advisors LLC now owns 2,931 shares of the oil and gas producer’s stock worth $93,000 after acquiring an additional 508 shares during the last quarter. Harbor Capital Advisors Inc. purchased a new stake in CNX Resources in the 1st quarter worth approximately $61,000. Finally, SG Americas Securities LLC purchased a new position in shares of CNX Resources during the 1st quarter valued at $667,000. 95.16% of the stock is owned by institutional investors.

CNX Resources Trading Down 0.6%

Shares of NYSE:CNX opened at $32.88 on Monday. The firm has a market capitalization of $4.65 billion, a price-to-earnings ratio of 55.73, a price-to-earnings-growth ratio of 0.30 and a beta of 0.55. The business’s 50 day moving average price is $29.90 and its 200-day moving average price is $31.12. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.33 and a quick ratio of 0.30. CNX Resources Corporation. has a 1 year low of $27.00 and a 1 year high of $41.93.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on CNX shares. Scotiabank restated a “sector perform” rating and set a $35.00 price objective (up previously from $33.00) on shares of CNX Resources in a research report on Friday, July 11th. Piper Sandler decreased their target price on CNX Resources from $26.00 to $24.00 and set an “underweight” rating for the company in a research report on Thursday, August 14th. Barclays initiated coverage on CNX Resources in a report on Monday, July 7th. They issued an “equal weight” rating and a $33.00 target price for the company. TD Cowen upgraded CNX Resources to a “hold” rating in a research note on Monday, July 7th. Finally, Mizuho upgraded CNX Resources from an “underperform” rating to a “neutral” rating and dropped their price target for the stock from $36.00 to $34.00 in a research note on Monday, September 15th. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $31.85.

About CNX Resources

CNX Resources Corporation, an independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers.