Villanova Investment Management Co LLC Invests $637,000 in Core Natural Resources, Inc. $CNR

Key Points

• Villanova Investment Management Co LLC purchased 8,262 shares of Core Natural Resources, Inc. for approximately $637,000, making it the company's 23rd largest holding.
• Core Natural Resources recently announced a dividend of $0.10 per share, with a yield of 56.0%, payable on September 15th.
• Analysts have mixed ratings for Core Natural Resources, with a consensus price target of $105.80 and four buy ratings compared to one hold rating.

Villanova Investment Management Co LLC bought a new position in shares of Core Natural Resources, Inc. (NYSE:CNR - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 8,262 shares of the energy company's stock, valued at approximately $637,000. Core Natural Resources comprises approximately 1.8% of Villanova Investment Management Co LLC's portfolio, making the stock its 23rd biggest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in CNR. Versant Capital Management Inc bought a new stake in shares of Core Natural Resources during the first quarter worth $25,000. SBI Securities Co. Ltd. bought a new stake in shares of Core Natural Resources during the first quarter worth $29,000. Farther Finance Advisors LLC bought a new stake in shares of Core Natural Resources during the first quarter worth $30,000. Whipplewood Advisors LLC bought a new stake in shares of Core Natural Resources during the first quarter worth $31,000. Finally, TruNorth Capital Management LLC bought a new stake in shares of Core Natural Resources during the first quarter worth $33,000. Institutional investors own 86.54% of the company's stock.

Core Natural Resources Trading Up 0.8%

NYSE:CNR traded up $0.60 on Friday, reaching $72.78. The company's stock had a trading volume of 430,847 shares, compared to its average volume of 607,776. Core Natural Resources, Inc. has a 1-year low of $58.19 and a 1-year high of $134.59. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.25 and a current ratio of 1.78. The firm has a market cap of $3.75 billion, a PE ratio of 33.39 and a beta of 0.76. The business's 50-day moving average price is $74.11 and its two-hundred day moving average price is $72.60.

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

Core Natural Resources Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, September 1st will be paid a $0.10 dividend. This represents a yield of 56.0%. The ex-dividend date of this dividend is Friday, August 29th. Core Natural Resources's payout ratio is presently 18.35%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on CNR shares. UBS Group restated a "buy" rating and set a $86.00 target price (up previously from $78.00) on shares of Core Natural Resources in a research report on Friday, August 8th. Jefferies Financial Group reiterated a "hold" rating and issued a $78.00 price objective (up previously from $67.00) on shares of Core Natural Resources in a report on Tuesday, August 5th. Finally, B. Riley dropped their price objective on Core Natural Resources from $112.00 to $110.00 and set a "buy" rating for the company in a report on Tuesday, July 22nd. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Core Natural Resources presently has an average rating of "Moderate Buy" and a consensus target price of $105.80.

Core Natural Resources 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.