Allspring Global Investments Holdings LLC Has $320,000 Stock Holdings in CONSOL Energy Inc. (NYSE:CEIX)

Allspring Global Investments Holdings LLC lifted its holdings in CONSOL Energy Inc. (NYSE:CEIX) by 22.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 3,179 shares of the company’s stock after purchasing an additional 577 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in CONSOL Energy were worth $320,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Parkside Financial Bank & Trust boosted its position in CONSOL Energy by 866.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 464 shares of the company’s stock worth $49,000 after acquiring an additional 416 shares during the last quarter. FSC Wealth Advisors LLC acquired a new position in CONSOL Energy during the 3rd quarter worth approximately $50,000. CI Investments Inc. acquired a new position in CONSOL Energy during the 3rd quarter worth approximately $182,000. Xponance Inc. bought a new stake in shares of CONSOL Energy during the 3rd quarter worth approximately $208,000. Finally, Journey Strategic Wealth LLC bought a new stake in shares of CONSOL Energy during the 3rd quarter worth approximately $216,000. 86.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

CONSOL Energy Stock Down 0.4 %

CEIX opened at $85.77 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.16 and a debt-to-equity ratio of 0.14. The stock’s fifty day simple moving average is $83.98 and its 200 day simple moving average is $93.79. CONSOL Energy Inc. has a 1-year low of $53.40 and a 1-year high of $114.30. The stock has a market cap of $2.54 billion, a PE ratio of 4.29 and a beta of 1.76.

CONSOL Energy (NYSE:CEIX) last issued its quarterly earnings data on Tuesday, February 6th. The company reported $5.05 EPS for the quarter, beating analysts’ consensus estimates of $4.28 by $0.77. The firm had revenue of $649.90 million for the quarter, compared to analyst estimates of $608.90 million. CONSOL Energy had a return on equity of 49.80% and a net margin of 25.53%. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the prior year, the firm posted $3.89 EPS. As a group, research analysts expect that CONSOL Energy Inc. will post 11.02 earnings per share for the current year.

Insider Transactions at CONSOL Energy

In other news, CAO John Rothka sold 2,000 shares of the stock in a transaction 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 sale, the chief accounting officer now directly owns 13,108 shares of the company’s stock, valued at approximately $1,239,492.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 2.10% of the stock is currently owned by insiders.

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.