December 13, 2024
Energy

EntryPoint Capital LLC Takes Position in CONSOL Energy Inc. (NYSE:CEIX)



EntryPoint Capital LLC bought a new stake in CONSOL Energy Inc. (NYSE:CEIXFree Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 672 shares of the company’s stock, valued at approximately $56,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of CEIX. Benjamin F. Edwards & Company Inc. bought a new stake in shares of CONSOL Energy during the 4th quarter worth about $28,000. Parallel Advisors LLC lifted its position in CONSOL Energy by 101.4% during the fourth quarter. Parallel Advisors LLC now owns 298 shares of the company’s stock worth $30,000 after acquiring an additional 150 shares during the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of CONSOL Energy by 41.7% during the fourth quarter. Quadrant Capital Group LLC now owns 768 shares of the company’s stock worth $77,000 after acquiring an additional 226 shares during the period. GAMMA Investing LLC acquired a new position in shares of CONSOL Energy in the fourth quarter valued at approximately $74,000. Finally, Clarus Wealth Advisors bought a new position in shares of CONSOL Energy during the fourth quarter worth approximately $218,000. Institutional investors own 86.54% of the company’s stock.

Insider Activity

In related news, CEO James A. Brock sold 1,700 shares of the firm’s stock in a transaction on Thursday, June 27th. The stock was sold at an average price of $99.55, for a total value of $169,235.00. Following the transaction, the chief executive officer now owns 529,487 shares in the company, valued at $52,710,430.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO James A. Brock sold 1,700 shares of the stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $99.55, for a total transaction of $169,235.00. Following the sale, the chief executive officer now owns 529,487 shares in the company, valued at approximately $52,710,430.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO James A. Brock sold 5,400 shares of the business’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $98.21, for a total transaction of $530,334.00. Following the transaction, the chief executive officer now owns 532,087 shares of the company’s stock, valued at $52,256,264.27. The disclosure for this sale can be found here. Corporate insiders own 2.10% of the company’s stock.

CONSOL Energy Price Performance

Shares of CONSOL Energy stock opened at $98.69 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.47 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of 5.98 and a beta of 1.77. CONSOL Energy Inc. has a twelve month low of $70.03 and a twelve month high of $114.30. The company has a 50-day simple moving average of $99.50 and a two-hundred day simple moving average of $91.20.

CONSOL Energy (NYSE:CEIXGet Free Report) last released its quarterly earnings results on Tuesday, May 7th. The company reported $3.39 earnings per share for the quarter, beating analysts’ consensus estimates of $2.19 by $1.20. CONSOL Energy had a net margin of 21.57% and a return on equity of 39.24%. The company had revenue of $565.00 million during the quarter, compared to the consensus estimate of $516.85 million. During the same period in the previous year, the business earned $6.55 earnings per share. The firm’s quarterly revenue was down 17.9% on a year-over-year basis. Analysts forecast that CONSOL Energy Inc. will post 11.58 EPS for the current year.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Analysis on CONSOL Energy

CONSOL Energy Profile

(Free Report)

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.

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



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