CONSOL Energy Inc. (NYSE:CEIX) Shares Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC grew its holdings in shares of CONSOL Energy Inc. (NYSE:CEIX) by 20.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,829 shares of the company’s stock after purchasing an additional 3,819 shares during the period. Janus Henderson Group PLC owned approximately 0.08% of CONSOL Energy worth $2,390,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its position in CONSOL Energy by 2,931.3% during the second quarter. Blue Trust Inc. now owns 485 shares of the company’s stock worth $49,000 after buying an additional 469 shares during the period. Sound Income Strategies LLC acquired a new position in CONSOL Energy during the third quarter worth about $51,000. CWM LLC grew its position in CONSOL Energy by 70.7% during the second quarter. CWM LLC now owns 531 shares of the company’s stock worth $54,000 after buying an additional 220 shares during the period. Quest Partners LLC acquired a new position in CONSOL Energy during the third quarter worth about $104,000. Finally, KBC Group NV grew its position in CONSOL Energy by 33.2% during the third quarter. KBC Group NV now owns 1,019 shares of the company’s stock worth $107,000 after buying an additional 254 shares during the period. Institutional investors and hedge funds own 86.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on CEIX shares. Benchmark increased their price objective on shares of CONSOL Energy from $105.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, November 18th. B. Riley raised their price objective on CONSOL Energy from $109.00 to $138.00 and gave the stock a “buy” rating in a report on Monday, October 7th.

CONSOL Energy Price Performance

CEIX stock opened at $118.06 on Friday. The stock has a market capitalization of $3.47 billion, a price-to-earnings ratio of 8.67 and a beta of 1.76. The stock’s fifty day simple moving average is $117.98 and its 200-day simple moving average is $104.94. CONSOL Energy Inc. has a 52-week low of $75.43 and a 52-week high of $134.59. The company has a quick ratio of 1.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.05.

CONSOL Energy (NYSE:CEIX) last announced its quarterly earnings results on Tuesday, November 5th. The company reported $3.22 earnings per share for the quarter, beating analysts’ consensus estimates of $3.17 by $0.05. The firm had revenue of $574.90 million for the quarter, compared to analysts’ expectations of $554.00 million. CONSOL Energy had a net margin of 18.02% and a return on equity of 28.96%. CONSOL Energy’s revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the company posted $3.11 earnings per share. Equities research analysts expect that CONSOL Energy Inc. will post 11.57 EPS for the current year.

CONSOL Energy Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Friday, November 15th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.85%. CONSOL Energy’s dividend payout ratio is currently 7.34%.

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.