Core Natural Resources, Inc. (NYSE:CNR) Director Holly K. Koeppel Sells 8,815 Shares of Stock

Core Natural Resources, Inc. (NYSE:CNR) Director Holly K. Koeppel sold 8,815 shares of the firm’s stock in a transaction on Monday, March 31st. The shares were sold at an average price of $75.30, for a total value of $663,769.50. Following the transaction, the director now directly owns 13,348 shares in the company, valued at $1,005,104.40. This trade represents a 39.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Core Natural Resources Trading Down 4.2 %

Shares of NYSE:CNR opened at $74.61 on Thursday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.16 and a current ratio of 1.38. The stock has a market capitalization of $3.99 billion, a price-to-earnings ratio of 7.76 and a beta of 1.65. Core Natural Resources, Inc. has a 1-year low of $66.54 and a 1-year high of $134.59. The company has a 50 day moving average price of $88.08 and a 200 day moving average price of $126.55.

Core Natural Resources (NYSE:CNR) last released its quarterly earnings data on Thursday, February 20th. The energy company reported $3.07 earnings per share for the quarter, topping the consensus estimate of $1.63 by $1.44. The business had revenue of $595.29 million during the quarter, compared to analyst estimates of $493.50 million. Core Natural Resources had a return on equity of 23.87% and a net margin of 12.81%. On average, research analysts anticipate that Core Natural Resources, Inc. will post 11.4 EPS for the current fiscal year.

Core Natural Resources Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a $0.10 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 0.54%. Core Natural Resources’s dividend payout ratio is currently 4.16%.

Institutional Trading of Core Natural Resources

Hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC increased its position in shares of Core Natural Resources by 4.4% in the third quarter. Geode Capital Management LLC now owns 751,044 shares of the energy company’s stock worth $78,609,000 after acquiring an additional 31,310 shares in the last quarter. FMR LLC grew its position in Core Natural Resources by 159.5% during the 3rd quarter. FMR LLC now owns 657,654 shares of the energy company’s stock worth $90,862,000 after purchasing an additional 404,249 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Core Natural Resources by 0.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 385,258 shares of the energy company’s stock valued at $40,317,000 after purchasing an additional 990 shares during the period. Price T Rowe Associates Inc. MD purchased a new stake in shares of Core Natural Resources in the fourth quarter valued at $28,790,000. Finally, Holocene Advisors LP boosted its position in shares of Core Natural Resources by 422.4% in the third quarter. Holocene Advisors LP now owns 250,349 shares of the energy company’s stock worth $34,588,000 after buying an additional 202,425 shares during the period. 86.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. B. Riley decreased their target price on shares of Core Natural Resources from $140.00 to $136.00 and set a “buy” rating for the company in a research report on Monday, February 24th. Piper Sandler upgraded shares of Core Natural Resources from a “neutral” rating to an “overweight” rating and decreased their price objective for the company from $165.00 to $150.00 in a report on Monday, January 6th. Jefferies Financial Group raised Core Natural Resources from a “hold” rating to a “buy” rating and dropped their target price for the stock from $165.00 to $150.00 in a report on Monday, January 6th. StockNews.com assumed coverage on Core Natural Resources in a research note on Thursday, January 30th. They set a “hold” rating for the company. Finally, Benchmark reissued a “buy” rating and issued a $112.00 price objective on shares of Core Natural Resources in a research note on Tuesday, February 25th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Core Natural Resources has a consensus rating of “Moderate Buy” and an average price target of $147.17.

About Core Natural Resources

Core Natural Resources, 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.