Mackenzie Financial Corp Purchases Shares of 2,579 CONSOL Energy Inc. (NYSE:CEIX)

Mackenzie Financial Corp purchased a new stake in shares of CONSOL Energy Inc. (NYSE:CEIX) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,579 shares of the company’s stock, valued at approximately $259,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Strs Ohio lifted its position in shares of CONSOL Energy by 107.3% during the fourth quarter. Strs Ohio now owns 11,400 shares of the company’s stock worth $1,146,000 after purchasing an additional 5,900 shares in the last quarter. Louisiana State Employees Retirement System acquired a new position in shares of CONSOL Energy during the fourth quarter worth $1,407,000. Koshinski Asset Management Inc. acquired a new position in shares of CONSOL Energy during the fourth quarter worth $235,000. Allspring Global Investments Holdings LLC lifted its position in shares of CONSOL Energy by 22.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 3,179 shares of the company’s stock worth $320,000 after purchasing an additional 577 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its position in shares of CONSOL Energy by 6,046.4% during the fourth quarter. International Assets Investment Management LLC now owns 142,350 shares of the company’s stock worth $14,310,000 after purchasing an additional 140,034 shares in the last quarter. 86.54% of the stock is owned by institutional investors and hedge funds.

CONSOL Energy Trading Down 0.5 %

CEIX opened at $85.73 on Monday. The stock has a market capitalization of $2.54 billion, a PE ratio of 4.36 and a beta of 1.76. The firm’s fifty day moving average price is $84.11 and its 200 day moving average price is $93.45. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.35 and a quick ratio of 1.16. CONSOL Energy Inc. has a 12-month low of $53.40 and a 12-month high of $114.30.

CONSOL Energy (NYSE:CEIX) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $5.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.28 by $0.77. The firm had revenue of $649.90 million for the quarter, compared to analysts’ expectations of $608.90 million. CONSOL Energy had a net margin of 25.53% and a return on equity of 49.80%. The firm’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the company posted $3.89 earnings per share. As a group, research analysts expect that CONSOL Energy Inc. will post 11.02 EPS for the current fiscal year.

Insider Buying and Selling at CONSOL Energy

In other CONSOL Energy news, CAO John Rothka sold 2,000 shares of the business’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $94.56, for a total transaction of $189,120.00. Following the completion of the sale, the chief accounting officer now owns 13,108 shares in the company, valued at $1,239,492.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

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

CONSOL Energy Company 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.