Core Natural Resources, Inc. $CNR Shares Sold by Krilogy Financial LLC

Krilogy Financial LLC reduced its holdings in shares of Core Natural Resources, Inc. (NYSE:CNR) by 67.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,333 shares of the energy company’s stock after selling 7,000 shares during the quarter. Krilogy Financial LLC’s holdings in Core Natural Resources were worth $349,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in CNR. CWM LLC raised its holdings in Core Natural Resources by 45.7% in the fourth quarter. CWM LLC now owns 338 shares of the energy company’s stock valued at $30,000 after acquiring an additional 106 shares in the last quarter. Maryland State Retirement & Pension System grew its holdings in Core Natural Resources by 1.7% during the 4th quarter. Maryland State Retirement & Pension System now owns 7,526 shares of the energy company’s stock worth $666,000 after acquiring an additional 126 shares in the last quarter. GAMMA Investing LLC grew its holdings in Core Natural Resources by 10.0% during the 4th quarter. GAMMA Investing LLC now owns 1,556 shares of the energy company’s stock worth $138,000 after acquiring an additional 142 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in Core Natural Resources by 6.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,367 shares of the energy company’s stock worth $198,000 after acquiring an additional 144 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of Core Natural Resources by 84.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 416 shares of the energy company’s stock worth $29,000 after purchasing an additional 191 shares during the last quarter. Institutional investors and hedge funds own 86.54% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on CNR. B. Riley Financial reaffirmed a “buy” rating on shares of Core Natural Resources in a research report on Thursday, April 30th. Wall Street Zen raised Core Natural Resources from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings cut Core Natural Resources from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, June 23rd. Zacks Research raised Core Natural Resources from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 24th. Finally, UBS Group lifted their target price on Core Natural Resources from $109.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, March 24th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Core Natural Resources has a consensus rating of “Moderate Buy” and a consensus target price of $116.67.

Core Natural Resources Trading Down 0.2%

NYSE CNR opened at $81.57 on Monday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.21 and a current ratio of 1.70. Core Natural Resources, Inc. has a one year low of $64.57 and a one year high of $114.80. The company has a 50-day simple moving average of $87.49 and a 200-day simple moving average of $91.48. The firm has a market capitalization of $4.11 billion, a PE ratio of -66.86 and a beta of 0.14.

Core Natural Resources (NYSE:CNR) last issued its earnings results on Thursday, May 7th. The energy company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.13. Core Natural Resources had a negative net margin of 1.49% and a negative return on equity of 1.69%. The firm had revenue of $899.48 million for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter last year, the company posted $3.39 earnings per share. Core Natural Resources’s revenue was up 94.7% on a year-over-year basis. On average, equities analysts forecast that Core Natural Resources, Inc. will post 2.45 earnings per share for the current year.

Core Natural Resources Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were issued a $0.10 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $0.40 annualized dividend and a dividend yield of 0.5%. Core Natural Resources’s dividend payout ratio (DPR) is -32.79%.

Core Natural Resources Company Profile

Core Natural Resources, 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. This segment includes the Bailey Mine, the Enlow Fork Mine, the Harvey Mine, and the central preparation plant.