32,955 Shares in Core Natural Resources, Inc. (NYSE:CNR) Purchased by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC purchased a new position in Core Natural Resources, Inc. (NYSE:CNR - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 32,955 shares of the energy company's stock, valued at approximately $2,541,000. Linden Thomas Advisory Services LLC owned about 0.06% of Core Natural Resources as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC lifted its position in shares of Core Natural Resources by 82.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 222 shares of the energy company's stock worth $31,000 after buying an additional 100 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new position in shares of Core Natural Resources during the 4th quarter worth $26,000. Jones Financial Companies Lllp boosted its position in shares of Core Natural Resources by 226.7% in the 4th quarter. Jones Financial Companies Lllp now owns 245 shares of the energy company's stock worth $35,000 after buying an additional 170 shares in the last quarter. Versant Capital Management Inc purchased a new position in Core Natural Resources in the 1st quarter valued at about $25,000. Finally, Farther Finance Advisors LLC purchased a new position in Core Natural Resources in the 1st quarter valued at about $30,000. Hedge funds and other institutional investors own 86.54% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Benchmark dropped their target price on shares of Core Natural Resources from $112.00 to $105.00 and set a "buy" rating for the company in a research report on Friday, May 9th. B. Riley dropped their target price on shares of Core Natural Resources from $136.00 to $119.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Finally, UBS Group lowered their price objective on shares of Core Natural Resources from $80.00 to $78.00 and set a "buy" rating for the company in a research report on Thursday, July 3rd. One equities research 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, the company presently has a consensus rating of "Moderate Buy" and an average price target of $120.40.

Core Natural Resources Stock Up 4.5%

Shares of Core Natural Resources stock traded up $3.28 on Friday, hitting $75.67. 790,821 shares of the company's stock traded hands, compared to its average volume of 999,317. The stock has a market cap of $3.98 billion, a P/E ratio of 15.63 and a beta of 0.68. 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 firm's 50-day moving average is $70.66 and its 200 day moving average is $87.04. Core Natural Resources, Inc. has a 52-week low of $58.19 and a 52-week 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) EPS for the quarter, missing the consensus estimate of $1.74 by ($3.12). Core Natural Resources had a net margin of 4.29% and a return on equity of 8.32%. The business had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $964.15 million. Equities analysts anticipate that Core Natural Resources, Inc. will post 11.4 earnings per share for the current year.

Core Natural Resources Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 13th. Investors of record on Monday, June 2nd were paid a dividend of $0.10 per share. This represents a dividend yield of 0.57%. The ex-dividend date of this dividend was Friday, May 30th. 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.