American Century Companies Inc. Purchases 16,911 Shares of CONSOL Energy Inc. (NYSE:CEIX)

American Century Companies Inc. grew its position in CONSOL Energy Inc. (NYSE:CEIX) by 35.3% during the second quarter, HoldingsChannel reports. The firm owned 64,872 shares of the company’s stock after buying an additional 16,911 shares during the quarter. American Century Companies Inc.’s holdings in CONSOL Energy were worth $1,198,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in CEIX. Northern Trust Corp increased its position in CONSOL Energy by 3.0% during the first quarter. Northern Trust Corp now owns 329,562 shares of the company’s stock worth $3,203,000 after acquiring an additional 9,729 shares during the period. Wexford Capital LP increased its position in CONSOL Energy by 1,313.6% during the first quarter. Wexford Capital LP now owns 78,665 shares of the company’s stock worth $765,000 after acquiring an additional 73,100 shares during the period. Dimensional Fund Advisors LP increased its position in CONSOL Energy by 11.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,573,582 shares of the company’s stock worth $15,294,000 after acquiring an additional 162,871 shares during the period. Russell Investments Group Ltd. increased its position in CONSOL Energy by 123.9% during the second quarter. Russell Investments Group Ltd. now owns 143,088 shares of the company’s stock worth $2,642,000 after acquiring an additional 79,186 shares during the period. Finally, BNP Paribas Arbitrage SA increased its position in CONSOL Energy by 30.5% during the first quarter. BNP Paribas Arbitrage SA now owns 16,210 shares of the company’s stock worth $158,000 after acquiring an additional 3,785 shares during the period. 67.93% of the stock is currently owned by institutional investors.

CEIX opened at $25.46 on Friday. CONSOL Energy Inc. has a fifty-two week low of $3.66 and a fifty-two week high of $28.26. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.00 and a quick ratio of 0.84. The firm’s fifty day moving average price is $21.93 and its two-hundred day moving average price is $16.06. The company has a market capitalization of $877.86 million, a P/E ratio of 23.57 and a beta of 2.77.

CONSOL Energy (NYSE:CEIX) last posted its quarterly earnings results on Tuesday, August 3rd. The company reported $0.58 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.28. CONSOL Energy had a net margin of 3.04% and a return on equity of 9.22%. The firm had revenue of $287.16 million for the quarter, compared to the consensus estimate of $272.80 million. On average, equities research analysts expect that CONSOL Energy Inc. will post 2.98 EPS for the current fiscal year.

Separately, Zacks Investment Research lowered shares of CONSOL Energy from a “hold” rating to a “sell” rating in a research report on Thursday, August 5th.

CONSOL Energy Profile

CONSOL Energy Inc engages in the production of bituminous coal. It focuses on the extraction and preparation of coal in the Appalachian basin. It operates through Pennsylvania Mining Complex segment, which consists of mining, preparation, and marketing of thermal coal, sold primarily to power generators.

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Institutional Ownership by Quarter for CONSOL Energy (NYSE:CEIX)

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