Great Lakes Advisors LLC Sells 58,090 Shares of CONSOL Energy Inc. (NYSE:CEIX)

Great Lakes Advisors LLC decreased its stake in CONSOL Energy Inc. (NYSE:CEIX - Free Report) by 21.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 206,636 shares of the company's stock after selling 58,090 shares during the period. Great Lakes Advisors LLC owned approximately 0.67% of CONSOL Energy worth $20,773,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of CEIX. Advisor Partners II LLC raised its holdings in CONSOL Energy by 6.4% in the third quarter. Advisor Partners II LLC now owns 3,147 shares of the company's stock worth $330,000 after purchasing an additional 190 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in shares of CONSOL Energy by 1.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,193 shares of the company's stock valued at $1,527,000 after purchasing an additional 210 shares during the last quarter. Illinois Municipal Retirement Fund raised its stake in CONSOL Energy by 1.3% in the 4th quarter. Illinois Municipal Retirement Fund now owns 17,711 shares of the company's stock worth $1,780,000 after purchasing an additional 224 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in shares of CONSOL Energy by 41.7% during the 4th quarter. Quadrant Capital Group LLC now owns 768 shares of the company's stock worth $77,000 after purchasing an additional 226 shares in the last quarter. Finally, Evergreen Capital Management LLC lifted its stake in CONSOL Energy by 6.7% during the third quarter. Evergreen Capital Management LLC now owns 3,963 shares of the company's stock worth $416,000 after purchasing an additional 249 shares during the last quarter. Institutional investors own 86.54% of the company's stock.

CONSOL Energy Stock Up 3.0 %

CEIX stock traded up $2.60 during midday trading on Friday, reaching $90.69. 354,927 shares of the company's stock traded hands, compared to its average volume of 361,538. The company has a market cap of $2.67 billion, a price-to-earnings ratio of 5.50 and a beta of 1.77. CONSOL Energy Inc. has a 52 week low of $53.40 and a 52 week high of $114.30. The firm's fifty day moving average price is $84.35 and its 200-day moving average price is $91.56. The company has a quick ratio of 1.21, a current ratio of 1.47 and a debt-to-equity ratio of 0.13.

CONSOL Energy (NYSE:CEIX - Get Free Report) last posted its quarterly earnings results on Tuesday, May 7th. The company reported $3.39 EPS for the quarter, topping analysts' consensus estimates of $2.19 by $1.20. The company had revenue of $565.00 million for the quarter, compared to analysts' expectations of $516.85 million. CONSOL Energy had a net margin of 21.57% and a return on equity of 39.24%. CONSOL Energy's revenue was down 17.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $6.55 EPS. As a group, sell-side analysts forecast that CONSOL Energy Inc. will post 11.58 earnings per share for the current fiscal year.

Insider Buying and Selling at CONSOL Energy

In other news, CAO John Rothka sold 2,000 shares of the business's stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $94.56, for a total transaction of $189,120.00. Following the transaction, the chief accounting officer now directly owns 13,108 shares of the company's stock, valued at $1,239,492.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.10% of the company's stock.

Analyst Ratings Changes

Separately, B. Riley reduced their price objective on shares of CONSOL Energy from $100.00 to $98.00 and set a "buy" rating on the stock in a research note on Wednesday, April 10th.

About CONSOL Energy

CONSOL Energy 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.