Avior Wealth Management LLC Takes $306,000 Position in Core Natural Resources, Inc. (NYSE:CNR)

Avior Wealth Management LLC purchased a new stake in Core Natural Resources, Inc. (NYSE:CNR - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,964 shares of the energy company's stock, valued at approximately $306,000.

Other large investors have also recently added to or reduced their stakes in the company. Versant Capital Management Inc acquired a new stake in shares of Core Natural Resources during the first quarter worth approximately $25,000. EverSource Wealth Advisors LLC bought a new stake in Core Natural Resources during the 4th quarter worth approximately $26,000. Farther Finance Advisors LLC acquired a new stake in Core Natural Resources during the 1st quarter valued at $30,000. Smartleaf Asset Management LLC raised its position in Core Natural Resources by 82.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 222 shares of the energy company's stock valued at $31,000 after purchasing an additional 100 shares during the last quarter. Finally, Whipplewood Advisors LLC bought a new position in Core Natural Resources in the 1st quarter valued at $31,000. 86.54% of the stock is owned by institutional investors.

Insider Buying and Selling at Core Natural Resources

In other news, Director Holly K. Koeppel sold 8,815 shares of Core Natural Resources stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $75.30, for a total transaction of $663,769.50. Following the completion of the sale, the director now owns 13,348 shares in the company, valued at $1,005,104.40. The trade was a 39.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.41% of the company's stock.

Analysts Set New Price Targets

CNR has been the topic of several research analyst reports. B. Riley decreased their target price on Core Natural Resources from $136.00 to $119.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Benchmark reduced their price target on shares of Core Natural Resources from $112.00 to $105.00 and set a "buy" rating on the stock in a research report on Friday, May 9th. Finally, UBS Group started coverage on shares of Core Natural Resources in a report on Wednesday, June 11th. They set a "buy" rating and a $80.00 price objective on the stock. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, Core Natural Resources has an average rating of "Moderate Buy" and an average price target of $120.80.

Core Natural Resources Trading Up 1.2%

NYSE:CNR traded up $0.78 during trading hours on Thursday, hitting $67.96. 733,456 shares of the stock were exchanged, compared to its average volume of 844,441. The company has a market capitalization of $3.58 billion, a P/E ratio of 14.04 and a beta of 0.69. The company has a quick ratio of 1.34, a current ratio of 1.89 and a debt-to-equity ratio of 0.08. The company's 50 day moving average is $71.53 and its two-hundred day moving average is $93.03. Core Natural Resources, Inc. has a twelve month low of $58.19 and a twelve month high of $134.59.

Core Natural Resources (NYSE:CNR - Get Free Report) last released its earnings results on Thursday, May 8th. The energy company reported ($1.38) earnings per share for the quarter, missing analysts' consensus estimates of $1.74 by ($3.12). Core Natural Resources had a return on equity of 8.32% and a net margin of 4.29%. The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $964.15 million. On average, sell-side analysts anticipate that Core Natural Resources, Inc. will post 11.4 earnings per share for the current fiscal year.

Core Natural Resources Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, June 2nd were issued a dividend of $0.10 per share. The ex-dividend date was Friday, May 30th. This represents a yield of 0.57%. Core Natural Resources's dividend payout ratio is currently 8.26%.

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.