6,434 Shares in Core Natural Resources, Inc. $CNR Bought by Hudson Value Partners LLC

Key Points

• Hudson Value Partners LLC acquired 6,434 shares of Core Natural Resources, Inc. for approximately $449,000, indicating growing institutional interest in the energy sector.
• Core Natural Resources reported a quarterly earnings miss, with earnings per share (EPS) of ($0.70), significantly below the consensus estimate of $1.31, yet had revenue exceeding estimates at $1.10 billion.
• The company recently declared a dividend of $0.10 per share, resulting in a yield of 56.0%, which reflects a low payout ratio of 18.35%.

Hudson Value Partners LLC acquired a new stake in shares of Core Natural Resources, Inc. (NYSE:CNR - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 6,434 shares of the energy company's stock, valued at approximately $449,000.

Other institutional investors have also modified their holdings of the company. Versant Capital Management Inc purchased a new position in shares of Core Natural Resources during the 1st quarter valued at about $25,000. SBI Securities Co. Ltd. purchased a new position in shares of Core Natural Resources during the 1st quarter valued at about $29,000. Farther Finance Advisors LLC purchased a new position in shares of Core Natural Resources during the 1st quarter valued at about $30,000. Whipplewood Advisors LLC purchased a new position in shares of Core Natural Resources during the 1st quarter valued at about $31,000. Finally, TruNorth Capital Management LLC purchased a new position in shares of Core Natural Resources during the 1st quarter valued at about $33,000. Hedge funds and other institutional investors own 86.54% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on CNR shares. B. Riley reduced their price objective on Core Natural Resources from $112.00 to $110.00 and set a "buy" rating for the company in a research note on Tuesday, July 22nd. Jefferies Financial Group restated a "hold" rating and issued a $78.00 price target (up previously from $67.00) on shares of Core Natural Resources in a research note on Tuesday, August 5th. Finally, UBS Group lifted their price target on Core Natural Resources from $86.00 to $89.00 and gave the company a "buy" rating in a research note on Friday, September 19th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $106.40.

Insider Activity

In related news, Director Patrick A. Kriegshauser sold 3,043 shares of Core Natural Resources stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $77.07, for a total value of $234,524.01. Following the sale, the director directly owned 23,348 shares in the company, valued at approximately $1,799,430.36. The trade was a 11.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Richard A. Navarre sold 5,000 shares of Core Natural Resources stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $82.20, for a total value of $411,000.00. Following the completion of the sale, the director owned 21,830 shares in the company, valued at approximately $1,794,426. The trade was a 18.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.41% of the company's stock.

Core Natural Resources Price Performance

Shares of Core Natural Resources stock opened at $85.83 on Thursday. The company has a quick ratio of 1.25, a current ratio of 1.78 and a debt-to-equity ratio of 0.09. Core Natural Resources, Inc. has a twelve month low of $58.19 and a twelve month high of $134.59. The firm has a market cap of $4.42 billion, a PE ratio of 39.37 and a beta of 0.70. The business has a 50-day moving average price of $75.44 and a 200 day moving average price of $73.31.

Core Natural Resources (NYSE:CNR - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The energy company reported ($0.70) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.31 by ($2.01). Core Natural Resources had a return on equity of 3.01% and a net margin of 0.63%.The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.04 billion. Sell-side analysts predict that Core Natural Resources, Inc. will post 11.4 earnings per share for the current fiscal year.

Core Natural Resources Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, September 15th. Investors of record on Monday, September 1st were issued a $0.10 dividend. This represents a yield of 56.0%. The ex-dividend date was Friday, August 29th. Core Natural Resources's payout ratio is presently 18.35%.

Core Natural Resources Company Profile

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.

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