Shell Asset Management Co. Has $906,000 Stake in Cloud Peak Energy Inc. (CLD)

Shell Asset Management Co. maintained its position in Cloud Peak Energy Inc. (NYSE:CLD) during the second quarter, Holdings Channel reports. The firm owned 256,659 shares of the mining company’s stock at the end of the second quarter. Shell Asset Management Co.’s holdings in Cloud Peak Energy were worth $906,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Thrivent Financial for Lutherans raised its position in Cloud Peak Energy by 7.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 33,280 shares of the mining company’s stock valued at $187,000 after buying an additional 2,270 shares in the last quarter. Louisiana State Employees Retirement System raised its position in Cloud Peak Energy by 23.5% in the first quarter. Louisiana State Employees Retirement System now owns 30,500 shares of the mining company’s stock valued at $140,000 after buying an additional 5,800 shares in the last quarter. Russell Investments Group Ltd. raised its position in Cloud Peak Energy by 44.3% in the first quarter. Russell Investments Group Ltd. now owns 1,200,432 shares of the mining company’s stock valued at $5,498,000 after buying an additional 368,260 shares in the last quarter. Great West Life Assurance Co. Can raised its position in Cloud Peak Energy by 25.5% in the first quarter. Great West Life Assurance Co. Can now owns 95,198 shares of the mining company’s stock valued at $435,000 after buying an additional 19,366 shares in the last quarter. Finally, Point View Wealth Management Inc. raised its position in Cloud Peak Energy by 9.1% in the first quarter. Point View Wealth Management Inc. now owns 26,611 shares of the mining company’s stock valued at $122,000 after buying an additional 2,219 shares in the last quarter. Institutional investors and hedge funds own 82.03% of the company’s stock.

Shares of Cloud Peak Energy Inc. (NYSE CLD) opened at 3.13 on Thursday. Cloud Peak Energy Inc. has a one year low of $2.91 and a one year high of $8.04. The company has a 50-day moving average of $3.49 and a 200 day moving average of $4.09. The stock’s market capitalization is $235.16 million.

Cloud Peak Energy (NYSE:CLD) last released its quarterly earnings data on Thursday, July 27th. The mining company reported ($0.04) EPS for the quarter, hitting analysts’ consensus estimates of ($0.04). The company had revenue of $229.20 million for the quarter, compared to the consensus estimate of $236.94 million. Cloud Peak Energy had a negative return on equity of 2.81% and a negative net margin of 3.16%. The company’s quarterly revenue was up 31.6% compared to the same quarter last year. During the same period last year, the business posted $0.48 EPS. Equities research analysts forecast that Cloud Peak Energy Inc. will post ($0.45) earnings per share for the current fiscal year.

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Several research analysts have recently commented on CLD shares. Stifel Nicolaus set a $7.00 price target on Cloud Peak Energy and gave the stock a “buy” rating in a report on Monday, May 1st. MKM Partners reiterated a “neutral” rating and set a $4.00 price target (down previously from $6.00) on shares of Cloud Peak Energy in a report on Wednesday, May 10th. Zacks Investment Research lowered Cloud Peak Energy from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 23rd. BMO Capital Markets set a $4.00 price target on Cloud Peak Energy and gave the stock a “hold” rating in a report on Tuesday, July 4th. Finally, BidaskClub lowered Cloud Peak Energy from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $5.41.

About Cloud Peak Energy

Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.

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Institutional Ownership by Quarter for Cloud Peak Energy (NYSE:CLD)

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