963 Shares in CONSOL Energy Inc. (NYSE:CEIX) Acquired by ORG Wealth Partners LLC

ORG Wealth Partners LLC purchased a new position in CONSOL Energy Inc. (NYSE:CEIX) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 963 shares of the company’s stock, valued at approximately $103,000.

A number of other large investors also recently added to or reduced their stakes in CEIX. Fortitude Family Office LLC lifted its holdings in CONSOL Energy by 63.8% in the 4th quarter. Fortitude Family Office LLC now owns 267 shares of the company’s stock worth $28,000 after purchasing an additional 104 shares in the last quarter. Sound Income Strategies LLC purchased a new position in CONSOL Energy in the 3rd quarter worth approximately $51,000. Quest Partners LLC purchased a new stake in shares of CONSOL Energy during the 3rd quarter worth approximately $104,000. KBC Group NV raised its holdings in shares of CONSOL Energy by 33.2% during the 3rd quarter. KBC Group NV now owns 1,019 shares of the company’s stock worth $107,000 after acquiring an additional 254 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of CONSOL Energy by 36.4% during the 3rd quarter. GAMMA Investing LLC now owns 1,200 shares of the company’s stock worth $126,000 after acquiring an additional 320 shares in the last quarter. 86.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CEIX has been the topic of several recent research reports. B. Riley upped their price objective on CONSOL Energy from $109.00 to $138.00 and gave the stock a “buy” rating in a report on Monday, October 7th. Benchmark upped their price objective on CONSOL Energy from $105.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, November 18th.

CONSOL Energy Stock Down 4.4 %

Shares of CEIX opened at $100.86 on Friday. The stock has a market capitalization of $2.96 billion, a price-to-earnings ratio of 7.41 and a beta of 1.80. CONSOL Energy Inc. has a 1 year low of $75.43 and a 1 year high of $134.59. The business’s 50 day simple moving average is $117.60 and its 200-day simple moving average is $106.15. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.38 and a quick ratio of 1.16.

CONSOL Energy (NYSE:CEIX) last released its earnings results on Tuesday, November 5th. The company reported $3.22 earnings per share for the quarter, beating the consensus estimate of $3.17 by $0.05. The firm had revenue of $574.90 million for the quarter, compared to the consensus estimate of $554.00 million. CONSOL Energy had a return on equity of 28.96% and a net margin of 18.02%. The company’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.11 EPS. As a group, equities analysts expect that CONSOL Energy Inc. will post 11.57 earnings per share for the current fiscal year.

CONSOL Energy Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Friday, November 15th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend was Friday, November 15th. CONSOL Energy’s dividend payout ratio is currently 7.34%.

CONSOL Energy 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.