58,778 Shares in Core Natural Resources, Inc. $CNR Acquired by Oxbow Advisors LLC

Oxbow Advisors LLC acquired a new position in shares of Core Natural Resources, Inc. (NYSE:CNR) during the 1st quarter, HoldingsChannel.com reports. The firm acquired 58,778 shares of the energy company’s stock, valued at approximately $6,156,000.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Core Natural Resources by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 5,669,844 shares of the energy company’s stock valued at $501,838,000 after buying an additional 39,557 shares during the last quarter. State Street Corp raised its position in shares of Core Natural Resources by 7.8% during the fourth quarter. State Street Corp now owns 3,707,442 shares of the energy company’s stock worth $328,146,000 after acquiring an additional 267,925 shares during the last quarter. Adage Capital Partners GP L.L.C. acquired a new position in shares of Core Natural Resources during the fourth quarter valued at $86,297,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Core Natural Resources by 5.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 751,224 shares of the energy company’s stock valued at $66,491,000 after acquiring an additional 40,383 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Core Natural Resources by 27.1% during the third quarter. JPMorgan Chase & Co. now owns 652,379 shares of the energy company’s stock valued at $54,461,000 after acquiring an additional 139,188 shares during the period. Institutional investors and hedge funds own 86.54% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. UBS Group lowered their price objective on Core Natural Resources from $107.00 to $100.00 and set a “buy” rating for the company in a research report on Tuesday. Wall Street Zen upgraded shares of Core Natural Resources from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Zacks Research upgraded shares of Core Natural Resources from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 24th. B. Riley Financial reaffirmed a “buy” rating on shares of Core Natural Resources in a research note on Thursday, April 30th. Finally, Weiss Ratings cut shares of Core Natural Resources from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, June 23rd. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $111.67.

Core Natural Resources Stock Performance

Shares of CNR stock opened at $79.36 on Friday. The stock has a market cap of $4.00 billion, a PE ratio of -65.05 and a beta of 0.15. The stock has a 50-day moving average of $86.63 and a 200-day moving average of $91.24. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.70 and a quick ratio of 1.21. Core Natural Resources, Inc. has a one year low of $67.77 and a one year high of $114.80.

Core Natural Resources (NYSE:CNR) last released its quarterly earnings data on Thursday, May 7th. The energy company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.13. The business had revenue of $899.48 million for the quarter, compared to analyst estimates of $1.06 billion. Core Natural Resources had a negative net margin of 1.49% and a negative return on equity of 1.69%. Core Natural Resources’s quarterly revenue was up 94.7% compared to the same quarter last year. During the same quarter last year, the firm earned $3.39 EPS. As a group, sell-side analysts expect that Core Natural Resources, Inc. will post 2.45 earnings per share for the current year.

Core Natural Resources Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were issued a $0.10 dividend. The ex-dividend date was Friday, May 29th. This represents a $0.40 annualized dividend and a yield of 0.5%. Core Natural Resources’s dividend payout ratio (DPR) is -32.79%.

Core Natural Resources Company 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. This segment includes the Bailey Mine, the Enlow Fork Mine, the Harvey Mine, and the central preparation plant.