Texas Permanent School Fund acquired a new position in shares of Consol Energy Inc (NYSE:CEIX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 17,998 shares of the company’s stock, valued at approximately $711,000. Texas Permanent School Fund owned 0.06% of Consol Energy as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. State of Alaska Department of Revenue bought a new stake in Consol Energy during the fourth quarter valued at $269,000. Louisiana State Employees Retirement System bought a new position in shares of Consol Energy during the 4th quarter worth about $439,000. Schwab Charles Investment Management Inc. bought a new position in shares of Consol Energy during the 4th quarter worth about $3,399,000. Finally, Bank of Montreal Can bought a new position in shares of Consol Energy during the 4th quarter worth about $10,322,000. Institutional investors and hedge funds own 94.63% of the company’s stock.
Several research firms have commented on CEIX. Stifel Nicolaus decreased their price objective on shares of Consol Energy from $41.00 to $40.00 and set a “buy” rating for the company in a research note on Thursday, February 8th. Seaport Global Securities started coverage on shares of Consol Energy in a research note on Thursday, November 30th. They set a “buy” rating and a $32.00 price target for the company. Finally, B. Riley restated a “buy” rating on shares of Consol Energy in a research note on Thursday, November 30th.
Consol Energy Inc (NYSE:CEIX) traded up $1.14 on Monday, reaching $29.83. 517,869 shares of the company traded hands, compared to its average volume of 381,291. The company has a quick ratio of 0.82, a current ratio of 0.95 and a debt-to-equity ratio of 2.52. Consol Energy Inc has a 52 week low of $19.51 and a 52 week high of $41.89.
Consol Energy (NYSE:CEIX) last posted its quarterly earnings data on Tuesday, February 6th. The company reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.43. The company had revenue of $352.32 million for the quarter, compared to the consensus estimate of $344.75 million. equities analysts expect that Consol Energy Inc will post 3.37 earnings per share for the current year.
Consol Energy Company Profile
CONSOL Energy Inc, formerly CONSOL Mining Corporation, is engaged in the natural gas exploration and production business. The Company is a producer and exporter of high-Btu bituminous thermal and crossover metallurgical coal. It holds interest in the Pennsylvania Mining Complex (PMC) and related coal assets, terminal operations at the Port of Baltimore.
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