Linden Thomas Advisory Services LLC Trims Position in CONSOL Energy Inc. (NYSE:CEIX)

Linden Thomas Advisory Services LLC lessened its position in shares of CONSOL Energy Inc. (NYSE:CEIX) by 1.2% in the fourth quarter, Holdings Channel reports. The fund owned 20,194 shares of the company’s stock after selling 235 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in CONSOL Energy were worth $2,030,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Parkside Financial Bank & Trust increased its position in CONSOL Energy by 866.7% during the third quarter. Parkside Financial Bank & Trust now owns 464 shares of the company’s stock valued at $49,000 after acquiring an additional 416 shares during the last quarter. FSC Wealth Advisors LLC purchased a new stake in CONSOL Energy in the third quarter worth about $50,000. CI Investments Inc. purchased a new stake in CONSOL Energy in the third quarter worth about $182,000. Xponance Inc. purchased a new stake in CONSOL Energy in the third quarter worth about $208,000. Finally, Journey Strategic Wealth LLC purchased a new stake in CONSOL Energy in the third quarter worth about $216,000. Hedge funds and other institutional investors own 86.54% of the company’s stock.

Wall Street Analyst Weigh In

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

CONSOL Energy Stock Performance

CEIX traded down $0.31 during midday trading on Tuesday, reaching $83.91. The company had a trading volume of 178,567 shares, compared to its average volume of 562,433. 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 business has a 50-day moving average of $83.77 and a two-hundred day moving average of $94.05. The company has a market cap of $2.48 billion, a P/E ratio of 4.28 and a beta of 1.76. CONSOL Energy Inc. has a 1 year low of $53.40 and a 1 year high of $114.30.

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

Insider Transactions at CONSOL Energy

In other news, CAO John Rothka sold 2,000 shares of the company’s 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 completion of the transaction, the chief accounting officer now owns 13,108 shares of the company’s stock, valued at $1,239,492.48. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.10% of the company’s stock.

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.