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The State of New Jersey Common Pension Fund D owns $2.07 million in CONSOL Energy Inc. stock (NYSE:CEIX)

The State of New Jersey Common Pension Fund D owns $2.07 million in CONSOL Energy Inc. stock (NYSE:CEIX)

In the most recent report that CONSOL Energy Inc. submitted to the Securities and Exchange Commission, the company stated that during the third quarter, the State of New Jersey Common Pension Fund D reduced the number of shares it held in the company. The stock above can be purchased and sold on the New York Stock Exchange (NYSE: CEIX). Following the transaction during that period involving the sale of 12,220 company stock, the organization had 32,236 shares of the company’s stock in its possession. The most recent filing that the State of New Jersey Common Pension Fund D made with the SEC indicates that the fund’s holdings in CONSOL Energy, valued at $2,073,000, amount to approximately 0.09% of the company.

Other institutional investors and hedge funds, including a number of them, have followed suit and cut back on the amount of the company’s stock that they own. As part of an investment, Gladius Capital Management LP gave a total of $44,000 to CONSOL Energy during the second quarter of the year. An impressive 82.5 percent of Nisa Investment Advisors LLC’s holdings were added to CONSOL Energy during the company’s second-quarter reporting period. Nisa Investment Advisors LLC has increased the value of its holdings by $54,000 by purchasing an additional 495 shares of the company’s stock since the beginning of this quarter. The total value of its holdings is now $54,000. National Bank of Canada FI spent $57,000 during the third quarter to acquire an additional holding in CONSOL Energy. This purchase took place during the quarter. Ameritas Investment Partners Inc. increased the amount of CONSOL Energy stock owned by 10.8% over the first three months of 2018. Because of the purchase of 260 additional shares during the most recent quarter, Ameritas Investment Partners Inc. now has a total of 2,677 shares of the company. The current market value of these shares is $101,000. And finally, during the first three months of this year, Captrust Financial Advisors increased the proportion of CONSOL Energy stock owned by 60.6%. Captrust Financial Advisors increased their total number of shares owned in the company to 2,891, bringing the total value of those shares to $109,000. The most recent quarter saw Captrust Financial Advisors acquire an additional 1,091 shares of the company’s stock. Institutional investors and hedge funds collectively own 84.04 percent of the company’s total shares, making up the majority of the shareholders.

In other news, on December 1, James A. Brock, CEO of CONSOL Energy, sold 500 of the company’s shares of stock. This comes as an interesting development. The total cost of purchasing the shares was $39,100.00, which works out to a price of $78.20 per share. As a result of the successful transaction completion, the Chief Executive Officer now directly owns 473,020 shares of the company, the total value of which is $36,990,164. On the Securities and Exchange Commission’s (SEC) website, you can access the information submitted to the SEC regarding the transaction, which is currently available. On December 1, Chief Executive Officer James A. Brock made a transaction in which he sold 500 shares of the company’s stock. This is another development on this topic. The total cost of purchasing the shares was $39,100.00, which works out to a price of $78.20 per share. As a result of the successful transaction completion, the Chief Executive Officer now directly owns 473,020 shares of the company, the total value of which is $36,990,164. This page contains the filing containing the information about the transaction provided to the Securities and Exchange Commission (SEC). You can access the filing by clicking here. In addition, on November 29, James A. Brock, Chief Executive Officer of the company, sold 12,500 shares of the company’s stock. Brock made the transaction. It was determined that each share was sold at an average price of $75.33, which led to a total sale volume of $941,625.00. The price at which the shares were sold was determined. As a direct consequence of the transaction, the Chief Executive Officer now has ownership of 476,834 shares of the company, each of which is currently worth USD 35,919,905.22. Disclosures that are related to the sale might be found in this section of the website. Corporate insiders hold an ownership stake in the company that amounts to 2.20 percent of the total shares.

On Thursday, the NYSE CEIX began trading at $59.72 as the opening price. The highest and lowest price for CONSOL Energy Inc. in the previous 52 weeks was $79.17.Over the last 50 days, the stock price has reached a moving average of $66.14; over the last 200 days, that price has averaged $64.97. All the financial ratios, including the debt-to-equity ratio, current, and quick ratio, all equal 0.94. While the current ratio sits at 1.08, the quick ratio only stands at 0.47. The company’s market capitalization is currently estimated to be worth $2.08 billion, its price-to-earnings ratio is 5.45, and its beta value is 1.84.

On November 1, the most recent quarterly earnings report for CONSOL Energy (NYSE: CEIX) was made public for the investing community to view. The company reported quarterly earnings per share of $2.55, which fell short of the consensus estimate of $2.93 that analysts by $0.38 provided. The company’s earnings were reported every quarter. The company’s sales for the period in question came in at $561.64 million, significantly higher than the consensus expectation of $463.60 million, which was the amount predicted by financial analysts. The impressive return on equity (41.36%) and a healthy net margin of 20.11% posted by CONSOL Energy demonstrate the company’s strong performance. According to the forecasts provided by analysts working in the relevant industry, CONSOL Energy Inc. will likely bring in revenue equaling 11.44 cents per share during the current fiscal year.

In addition, the board of directors voted in favor of a quarterly dividend, and the company paid it out on November 23 after receiving approval from shareholders. On Monday, November 14, dividend payments of $1.05 per share were already recorded to shareholders in the company’s books. The date that constituted the beginning of the ex-dividend period was this past Thursday, November 10. This equates to a dividend payment of $4.20 per year when calculated on an annualized basis and a dividend yield of 7.03 percent. Currently, the dividend payout percentage for CONSOL Energy sits at 38.32 percent.

The opinions of various stock analysts have been collected and compiled regarding CEIX. Benchmark increased its target price for CONSOL Energy from $72.00 to $80.00 in a report published on November 2. The price of $72.00 was the previous objective. In a study distributed on Tuesday, B. Riley decreased their target price for CONSOL Energy from $85.00 to $84.00.

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