GSA Capital Partners LLP Acquires New Position in CONSOL Energy Inc. (NYSE:CEIX)

GSA Capital Partners LLP acquired a new stake in CONSOL Energy Inc. (NYSE:CEIX) in the 1st quarter, Holdings Channel.com reports. The firm acquired 7,404 shares of the company’s stock, valued at approximately $620,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Pacer Advisors Inc. increased its holdings in CONSOL Energy by 58.3% during 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. Vanguard Group Inc. increased its holdings in CONSOL Energy by 21.0% during the 4th quarter. Vanguard Group Inc. now owns 2,437,023 shares of the company’s stock valued at $244,994,000 after acquiring an additional 423,338 shares in the last quarter. Hennessy Advisors Inc. purchased a new position in CONSOL Energy during the 4th quarter valued at about $20,810,000. International Assets Investment Management LLC increased its holdings in CONSOL Energy by 6,046.4% during the 4th quarter. International Assets Investment Management LLC now owns 142,350 shares of the company’s stock valued at $14,310,000 after acquiring an additional 140,034 shares in the last quarter. Finally, Quantedge Capital Pte Ltd purchased a new position in CONSOL Energy during the 4th quarter valued at about $11,883,000. Institutional investors and hedge funds own 86.54% of the company’s stock.

Insider Transactions at CONSOL Energy

In related news, CEO James A. Brock sold 1,700 shares of the company’s stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $99.55, for a total transaction of $169,235.00. Following the completion of the transaction, the chief executive officer now owns 529,487 shares of the company’s stock, valued at $52,710,430.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO James A. Brock sold 1,700 shares of the company’s stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $99.55, for a total transaction of $169,235.00. Following the completion of the transaction, the chief executive officer now owns 529,487 shares of the company’s stock, valued at $52,710,430.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO James A. Brock sold 5,400 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $98.21, for a total transaction of $530,334.00. Following the transaction, the chief executive officer now directly owns 532,087 shares of the company’s stock, valued at approximately $52,256,264.27. The disclosure for this sale can be found here. Insiders own 2.10% of the company’s stock.

CONSOL Energy Stock Performance

Shares of NYSE CEIX opened at $101.30 on Friday. The company has a market cap of $2.98 billion, a PE ratio of 6.14 and a beta of 1.77. CONSOL Energy Inc. has a 12 month low of $61.72 and a 12 month high of $114.30. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.47 and a quick ratio of 1.21. The company has a 50-day simple moving average of $96.86 and a 200-day simple moving average of $91.24.

CONSOL Energy (NYSE:CEIX) last issued its quarterly 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 business had revenue of $565.00 million during the quarter, compared to the consensus estimate of $516.85 million. CONSOL Energy had a net margin of 21.57% and a return on equity of 39.24%. The company’s quarterly revenue was down 17.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.55 earnings per share. On average, equities analysts anticipate that CONSOL Energy Inc. will post 11.58 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.