Cloud Peak Energy Inc. (CLD) Shares Bought by Schwab Charles Investment Management Inc.

Schwab Charles Investment Management Inc. increased its stake in Cloud Peak Energy Inc. (NYSE:CLD) by 113.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,172,787 shares of the mining company’s stock after purchasing an additional 622,821 shares during the period. Schwab Charles Investment Management Inc. owned approximately 1.56% of Cloud Peak Energy worth $4,293,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. AJO LP acquired a new position in Cloud Peak Energy in the 2nd quarter worth $120,000. BNP Paribas Arbitrage SA boosted its stake in Cloud Peak Energy by 55.5% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 38,175 shares of the mining company’s stock worth $135,000 after purchasing an additional 13,620 shares during the period. Arizona State Retirement System boosted its stake in Cloud Peak Energy by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 39,153 shares of the mining company’s stock worth $138,000 after purchasing an additional 100 shares during the period. Thrivent Financial For Lutherans boosted its stake in Cloud Peak Energy by 4.0% in the 2nd quarter. Thrivent Financial For Lutherans now owns 44,860 shares of the mining company’s stock worth $158,000 after purchasing an additional 1,730 shares during the period. Finally, State Board of Administration of Florida Retirement System boosted its stake in Cloud Peak Energy by 81.3% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 52,406 shares of the mining company’s stock worth $192,000 after purchasing an additional 23,502 shares during the period. 79.25% of the stock is owned by hedge funds and other institutional investors.

Cloud Peak Energy Inc. (CLD) opened at $5.50 on Friday. Cloud Peak Energy Inc. has a one year low of $2.78 and a one year high of $6.30. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.61 and a current ratio of 2.14. The company has a market cap of $413.28, a PE ratio of 550.00 and a beta of 1.60.

Cloud Peak Energy (NYSE:CLD) last posted its quarterly earnings data on Thursday, October 26th. The mining company reported $0.03 EPS for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.01. The business had revenue of $249.00 million for the quarter, compared to analyst estimates of $254.82 million. During the same quarter in the prior year, the company earned $0.06 earnings per share. The company’s quarterly revenue was up 14.7% on a year-over-year basis. research analysts anticipate that Cloud Peak Energy Inc. will post -0.39 earnings per share for the current year.

A number of brokerages recently weighed in on CLD. Stifel Nicolaus reaffirmed a “buy” rating and issued a $6.00 target price on shares of Cloud Peak Energy in a research note on Friday, October 13th. Zacks Investment Research raised shares of Cloud Peak Energy from a “hold” rating to a “buy” rating and set a $4.75 target price for the company in a research note on Tuesday, November 14th. BMO Capital Markets set a $5.00 target price on shares of Cloud Peak Energy and gave the stock a “hold” rating in a research note on Friday, October 27th. B. Riley reaffirmed a “neutral” rating on shares of Cloud Peak Energy in a research note on Wednesday, November 1st. Finally, JPMorgan Chase & Co. lowered shares of Cloud Peak Energy from an “overweight” rating to a “neutral” rating in a research note on Monday, November 20th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $5.14.

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Cloud Peak Energy Profile

Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.

Institutional Ownership by Quarter for Cloud Peak Energy (NYSE:CLD)

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