ORG Wealth Partners LLC Invests $103,000 in CONSOL Energy Inc. (NYSE:CEIX)

ORG Wealth Partners LLC acquired a new position in CONSOL Energy Inc. (NYSE:CEIX) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 963 shares of the company’s stock, valued at approximately $103,000.

Other large investors also recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings in CONSOL Energy by 4.4% in the 3rd quarter. Geode Capital Management LLC now owns 751,044 shares of the company’s stock worth $78,609,000 after buying an additional 31,310 shares in the last quarter. FMR LLC grew its stake in shares of CONSOL Energy by 266.2% during the 3rd quarter. FMR LLC now owns 41,874 shares of the company’s stock valued at $4,382,000 after purchasing an additional 30,440 shares during the period. Samlyn Capital LLC bought a new stake in shares of CONSOL Energy during the 2nd quarter valued at about $36,033,000. Royce & Associates LP grew its stake in shares of CONSOL Energy by 141.5% during the 3rd quarter. Royce & Associates LP now owns 10,695 shares of the company’s stock valued at $1,119,000 after purchasing an additional 6,266 shares during the period. Finally, Intech Investment Management LLC grew its stake in shares of CONSOL Energy by 54.0% during the 3rd quarter. Intech Investment Management LLC now owns 13,055 shares of the company’s stock valued at $1,366,000 after purchasing an additional 4,575 shares during the period. 86.54% of the stock is currently owned by institutional investors.

CONSOL Energy Stock Down 4.4 %

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

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

CONSOL Energy Cuts Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.99%. CONSOL Energy’s payout ratio is currently 7.34%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CEIX. Benchmark boosted their price target on CONSOL Energy from $105.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, November 18th. B. Riley boosted their price target on CONSOL Energy from $109.00 to $138.00 and gave the company a “buy” rating in a research note on Monday, October 7th.

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.