Amalgamated Bank Sells 202 Shares of CONSOL Energy Inc. (NYSE:CEIX)

Amalgamated Bank decreased its stake in CONSOL Energy Inc. (NYSE:CEIX) by 2.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,963 shares of the company’s stock after selling 202 shares during the period. Amalgamated Bank’s holdings in CONSOL Energy were worth $833,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Mackenzie Financial Corp grew its position in shares of CONSOL Energy by 4.1% during the 2nd quarter. Mackenzie Financial Corp now owns 2,783 shares of the company’s stock valued at $284,000 after acquiring an additional 109 shares during the period. Evergreen Capital Management LLC grew its holdings in CONSOL Energy by 4.0% during the second quarter. Evergreen Capital Management LLC now owns 3,855 shares of the company’s stock valued at $393,000 after purchasing an additional 147 shares during the period. Empirical Finance LLC increased its position in CONSOL Energy by 1.9% in the second quarter. Empirical Finance LLC now owns 11,583 shares of the company’s stock worth $1,182,000 after buying an additional 217 shares during the last quarter. CWM LLC raised its stake in shares of 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 buying an additional 220 shares during the period. Finally, Hsbc Holdings PLC lifted its position in shares of CONSOL Energy by 8.5% during the 2nd quarter. Hsbc Holdings PLC now owns 3,790 shares of the company’s stock valued at $384,000 after buying an additional 296 shares during the last quarter. Institutional investors own 86.54% of the company’s stock.

CONSOL Energy Stock Down 1.2 %

CEIX opened at $123.61 on Friday. The company has a market cap of $3.63 billion, a PE ratio of 9.07 and a beta of 1.73. The company has a 50 day moving average of $106.17 and a 200 day moving average of $99.61. CONSOL Energy Inc. has a 12 month low of $75.43 and a 12 month high of $130.47. The company has a current ratio of 1.38, a quick ratio of 1.16 and a debt-to-equity ratio of 0.05.

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

CONSOL Energy Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 26th. Investors of record on Friday, November 15th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.00 annualized dividend and a yield of 0.81%. CONSOL Energy’s dividend payout ratio is currently 7.34%.

Analyst Upgrades and Downgrades

Separately, B. Riley boosted their price objective on CONSOL Energy from $109.00 to $138.00 and gave the company a “buy” rating in a research note on Monday, October 7th.

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.