CONSOL Energy Inc. (NYSE:CEIX) Stock Holdings Lessened by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lessened its stake in shares of CONSOL Energy Inc. (NYSE:CEIX) by 16.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 24,209 shares of the company’s stock after selling 4,923 shares during the period. State of New Jersey Common Pension Fund D’s holdings in CONSOL Energy were worth $2,434,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Parkside Financial Bank & Trust raised its position in shares of CONSOL Energy by 866.7% during the third quarter. Parkside Financial Bank & Trust now owns 464 shares of the company’s stock worth $49,000 after purchasing an additional 416 shares during the period. GAMMA Investing LLC purchased a new position in CONSOL Energy in the 4th quarter worth about $74,000. CI Investments Inc. acquired a new stake in CONSOL Energy during the 3rd quarter worth about $182,000. Xponance Inc. purchased a new stake in CONSOL Energy during the third quarter valued at about $208,000. Finally, Journey Strategic Wealth LLC acquired a new position in shares of CONSOL Energy in the third quarter worth about $216,000. 86.54% of the stock is owned by institutional investors.

Insider Buying and Selling at CONSOL Energy

In other news, CAO John Rothka sold 2,000 shares of the stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $94.56, for a total value of $189,120.00. Following the completion of the sale, the chief accounting officer now directly owns 13,108 shares of the company’s stock, valued at $1,239,492.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.10% of the company’s stock.

CONSOL Energy Price Performance

Shares of NYSE:CEIX opened at $81.36 on Thursday. The company’s fifty day moving average is $84.46 and its two-hundred day moving average is $93.06. The company has a market cap of $2.41 billion, a P/E ratio of 4.14 and a beta of 1.76. CONSOL Energy Inc. has a 12-month low of $53.40 and a 12-month high of $114.30. The company has a quick ratio of 1.16, a current ratio of 1.35 and a debt-to-equity ratio of 0.14.

CONSOL Energy (NYSE:CEIX) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $5.05 earnings per share 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 analyst estimates of $608.90 million. CONSOL Energy had a return on equity of 49.80% and a net margin of 25.53%. CONSOL Energy’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the firm earned $3.89 earnings per share. Equities analysts expect that CONSOL Energy Inc. will post 11.02 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, B. Riley cut their price target on shares of CONSOL Energy from $100.00 to $98.00 and set a “buy” rating on the stock in a 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.