Callan Family Office LLC Purchases Shares of 8,232 CNX Resources Corporation. $CNX

Callan Family Office LLC purchased a new stake in shares of CNX Resources Corporation. (NYSE:CNX - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 8,232 shares of the oil and gas producer's stock, valued at approximately $277,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Ameritas Advisory Services LLC acquired a new position in shares of CNX Resources during the second quarter worth $32,000. Farther Finance Advisors LLC lifted its position in shares of CNX Resources by 21.0% during the first quarter. Farther Finance Advisors LLC now owns 2,931 shares of the oil and gas producer's stock worth $93,000 after purchasing an additional 508 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of CNX Resources during the second quarter worth $115,000. GAMMA Investing LLC lifted its position in shares of CNX Resources by 11.5% during the second quarter. GAMMA Investing LLC now owns 3,760 shares of the oil and gas producer's stock worth $127,000 after purchasing an additional 389 shares in the last quarter. Finally, Autumn Glory Partners LLC acquired a new position in shares of CNX Resources during the second quarter worth $202,000. 95.16% of the stock is owned by institutional investors and hedge funds.

CNX Resources Stock Down 2.0%

CNX Resources stock opened at $31.76 on Friday. The company has a 50-day simple moving average of $30.45 and a 200-day simple moving average of $31.19. The firm has a market capitalization of $4.49 billion, a P/E ratio of 53.83, a P/E/G ratio of 0.30 and a beta of 0.55. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.30 and a current ratio of 0.33. CNX Resources Corporation. has a one year low of $27.00 and a one year high of $41.93.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CNX. Siebert Williams Shank began coverage on shares of CNX Resources in a research note on Monday, September 15th. They issued a "hold" rating and a $32.00 price target for the company. Piper Sandler dropped their price target on shares of CNX Resources from $26.00 to $24.00 and set an "underweight" rating for the company in a research note on Thursday, August 14th. Scotiabank lifted their price target on shares of CNX Resources from $35.00 to $36.00 and gave the stock a "sector perform" rating in a research note on Thursday, October 9th. Barclays dropped their price target on shares of CNX Resources from $33.00 to $32.00 and set an "equal weight" rating for the company in a research note on Tuesday, October 7th. Finally, Mizuho lifted their price target on shares of CNX Resources from $34.00 to $35.00 and gave the stock a "neutral" rating in a research note on Friday, October 10th. One equities research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and five have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Reduce" and a consensus price target of $32.50.

About CNX Resources

CNX Resources Corporation, an independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers.

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