Athanor Capital LP Buys New Holdings in Consol Energy Inc (CEIX)

Athanor Capital LP bought a new stake in Consol Energy Inc (NYSE:CEIX) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 55,000 shares of the company’s stock, valued at approximately $1,593,000. Consol Energy comprises about 0.7% of Athanor Capital LP’s portfolio, making the stock its 25th biggest holding.

A number of other institutional investors have also recently modified their holdings of CEIX. Westwood Holdings Group Inc. acquired a new position in shares of Consol Energy during the fourth quarter worth about $100,000. Meadow Creek Investment Management LLC acquired a new position in shares of Consol Energy during the fourth quarter worth about $128,000. QS Investors LLC acquired a new position in shares of Consol Energy during the fourth quarter worth about $135,000. Sasco Capital Inc. CT acquired a new position in shares of Consol Energy during the fourth quarter worth about $142,000. Finally, American International Group Inc. acquired a new position in shares of Consol Energy during the fourth quarter worth about $148,000. Hedge funds and other institutional investors own 92.94% of the company’s stock.

Consol Energy opened at $44.06 on Friday, MarketBeat Ratings reports. The company has a debt-to-equity ratio of 2.12, a quick ratio of 0.97 and a current ratio of 1.13. Consol Energy Inc has a one year low of $19.51 and a one year high of $45.68. The stock has a market capitalization of $1.21 billion and a P/E ratio of 9.79.

Consol Energy (NYSE:CEIX) last released its quarterly earnings results on Thursday, May 3rd. The company reported $2.20 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $1.37. The business had revenue of $351.01 million during the quarter, compared to analyst estimates of $357.70 million. The company’s revenue for the quarter was up 10.9% compared to the same quarter last year. equities research analysts predict that Consol Energy Inc will post 4.68 earnings per share for the current year.

A number of brokerages have commented on CEIX. Stifel Nicolaus reduced their price objective on Consol Energy from $41.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, February 8th. Zacks Investment Research upgraded Consol Energy from a “hold” rating to a “strong-buy” rating and set a $34.00 price objective on the stock in a research note on Tuesday, April 10th. Finally, ValuEngine cut Consol Energy from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $35.33.

Consol Energy Profile

CONSOL Energy Inc produces and exports bituminous thermal and crossover metallurgical coal. The company owns and operates its mining operations in the Northern Appalachian Basin. Its flagship operation is the Pennsylvania Mining Complex (PAMC), which comprises three underground mines, including Bailey, Enlow Fork, and Harvey.

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Institutional Ownership by Quarter for Consol Energy (NYSE:CEIX)

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