Koshinski Asset Management Inc. Invests $235,000 in CONSOL Energy Inc. (NYSE:CEIX)

Koshinski Asset Management Inc. purchased a new position in CONSOL Energy Inc. (NYSE:CEIX) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,341 shares of the company’s stock, valued at approximately $235,000.

A number of other large investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. bought a new stake in CONSOL Energy during the first quarter valued at $257,000. ProShare Advisors LLC bought a new stake in CONSOL Energy during the first quarter valued at $284,000. HighTower Advisors LLC bought a new stake in CONSOL Energy during the first quarter valued at $315,000. Citigroup Inc. boosted its stake in CONSOL Energy by 6.3% during the first quarter. Citigroup Inc. now owns 29,430 shares of the company’s stock valued at $1,107,000 after buying an additional 1,739 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new stake in CONSOL Energy during the first quarter valued at $1,091,000. 86.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, B. Riley dropped their price objective on CONSOL Energy from $100.00 to $98.00 and set a “buy” rating for the company in a research note on Wednesday, April 10th.

CONSOL Energy Trading Up 4.1 %

NYSE CEIX opened at $88.45 on Wednesday. The stock’s 50-day simple moving average is $83.74 and its two-hundred day simple moving average is $94.47. CONSOL Energy Inc. has a twelve month low of $53.40 and a twelve 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. The company has a market capitalization of $2.62 billion, a price-to-earnings ratio of 4.50 and a beta of 1.76.

CONSOL Energy (NYSE:CEIX) last released its quarterly earnings results on Tuesday, February 6th. The company reported $5.05 earnings per share for the quarter, beating analysts’ consensus estimates of $4.28 by $0.77. CONSOL Energy had a return on equity of 49.80% and a net margin of 25.53%. The business had revenue of $649.90 million for the quarter, compared to the consensus estimate of $608.90 million. During the same quarter last year, the business posted $3.89 earnings per share. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. Research analysts forecast that CONSOL Energy Inc. will post 11.02 EPS for the current fiscal year.

Insider Transactions at CONSOL Energy

In other news, CAO John Rothka sold 2,000 shares of CONSOL Energy stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $94.56, for a total value of $189,120.00. Following the transaction, the chief accounting officer now owns 13,108 shares in the company, valued at $1,239,492.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 2.10% of the company’s stock.

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.