California State Teachers Retirement System purchased a new stake in shares of Consol Energy Inc (NYSE:CEIX) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 48,105 shares of the company’s stock, valued at approximately $1,901,000. California State Teachers Retirement System owned approximately 0.17% of Consol Energy at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. QS Investors LLC purchased a new position in Consol Energy in the fourth quarter worth $135,000. Sasco Capital Inc. CT purchased a new position in Consol Energy in the fourth quarter worth $142,000. American International Group Inc. purchased a new position in Consol Energy in the fourth quarter worth $148,000. Tower Research Capital LLC TRC purchased a new position in Consol Energy in the fourth quarter worth $162,000. Finally, SG Americas Securities LLC purchased a new position in Consol Energy in the fourth quarter worth $184,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.
Consol Energy stock opened at $29.35 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.95 and a debt-to-equity ratio of 2.52. The firm has a market capitalization of $813.02 and a price-to-earnings ratio of 6.52. Consol Energy Inc has a twelve month low of $19.51 and a twelve month high of $41.89.
Several research analysts recently issued reports on CEIX shares. Stifel Nicolaus cut their target price on shares of Consol Energy from $41.00 to $40.00 and set a “buy” rating for the company in a research report on Thursday, February 8th. ValuEngine lowered shares of Consol Energy from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd.
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Consol Energy Company Profile
CONSOL Energy Inc, formerly CONSOL Mining Corporation, is engaged in the natural gas exploration and production business. The Company is a producer and exporter of high-Btu bituminous thermal and crossover metallurgical coal. It holds interest in the Pennsylvania Mining Complex (PMC) and related coal assets, terminal operations at the Port of Baltimore.
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