Public Sector Pension Investment Board Has $5.94 Million Stock Holdings in CONSOL Energy Inc. (NYSE:CEIX)

Public Sector Pension Investment Board lowered its position in CONSOL Energy Inc. (NYSE:CEIX) by 2.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 56,775 shares of the company’s stock after selling 1,400 shares during the quarter. Public Sector Pension Investment Board owned 0.19% of CONSOL Energy worth $5,942,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in CEIX. Blue Trust Inc. increased its position in CONSOL Energy by 2,931.3% in the 2nd quarter. Blue Trust Inc. now owns 485 shares of the company’s stock valued at $49,000 after acquiring an additional 469 shares during the period. Sound Income Strategies LLC bought a new stake in shares of CONSOL Energy in the third quarter worth $51,000. CWM LLC increased its holdings in CONSOL Energy by 70.7% in the second quarter. CWM LLC now owns 531 shares of the company’s stock valued at $54,000 after purchasing an additional 220 shares during the period. GAMMA Investing LLC raised its position in CONSOL Energy by 54.1% during the 2nd quarter. GAMMA Investing LLC now owns 880 shares of the company’s stock worth $90,000 after purchasing an additional 309 shares during the last quarter. Finally, Quest Partners LLC acquired a new position in CONSOL Energy during the 3rd quarter worth about $104,000. Institutional investors own 86.54% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. B. Riley increased their price target on CONSOL Energy from $109.00 to $138.00 and gave the company a “buy” rating in a research note on Monday, October 7th. Benchmark increased their target price on shares of CONSOL Energy from $105.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, November 18th.

CONSOL Energy Price Performance

Shares of NYSE CEIX opened at $130.70 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $3.84 billion, a PE ratio of 9.60 and a beta of 1.73. The firm has a fifty day simple moving average of $114.60 and a 200 day simple moving average of $103.19. CONSOL Energy Inc. has a twelve month low of $75.43 and a twelve month high of $134.59.

CONSOL Energy (NYSE:CEIX) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $3.22 earnings per share for the quarter, topping the consensus estimate of $3.17 by $0.05. CONSOL Energy had a return on equity of 28.96% and a net margin of 18.02%. The firm had revenue of $574.90 million during the quarter, compared to analyst estimates of $554.00 million. During the same period last year, the company posted $3.11 EPS. The business’s quarterly revenue was up .9% on a year-over-year basis. On average, sell-side analysts forecast that CONSOL Energy Inc. will post 11.57 EPS for the current year.

CONSOL Energy Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Friday, November 15th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date of this dividend was Friday, November 15th. CONSOL Energy’s payout ratio is 7.34%.

About CONSOL Energy

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.