Consol Energy Inc. (NYSE:CNX) shares saw unusually-strong trading volume on Wednesday . Approximately 4,611,941 shares traded hands during mid-day trading, an increase of 2% from the previous session’s volume of 4,520,624 shares.The stock last traded at $17.16 and had previously closed at $16.61.

Several equities research analysts have weighed in on CNX shares. Zacks Investment Research downgraded Consol Energy from a “hold” rating to a “sell” rating in a report on Monday, July 4th. BMO Capital Markets reissued a “buy” rating on shares of Consol Energy in a report on Sunday, June 12th. FBR & Co reissued a “buy” rating on shares of Consol Energy in a report on Tuesday, May 3rd. KLR Group downgraded Consol Energy from a “buy” rating to an “accumulate” rating and raised their price target for the stock from $17.00 to $20.00 in a report on Monday. Finally, Sterne Agee CRT reissued a “buy” rating on shares of Consol Energy in a report on Monday, May 16th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $14.16.

The company’s 50 day moving average price is $15.41 and its 200-day moving average price is $11.93. The firm’s market capitalization is $3.91 billion.

Consol Energy (NYSE:CNX) last released its quarterly earnings results on Tuesday, April 26th. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.02. The company had revenue of $558.50 million for the quarter, compared to analysts’ expectations of $693.56 million. The business’s quarterly revenue was down 29.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.37 EPS. On average, equities analysts anticipate that Consol Energy Inc. will post ($0.47) EPS for the current fiscal year.

In other news, major shareholder David Einhorn sold 7,000,000 shares of the firm’s stock in a transaction on Wednesday, June 1st. The stock was sold at an average price of $15.01, for a total transaction of $105,070,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Several large investors have bought and sold shares of CNX. Russell Frank Co boosted its stake in Consol Energy by 953.7% in the fourth quarter. Russell Frank Co now owns 898,193 shares of the company’s stock valued at $6,988,000 after buying an additional 812,953 shares during the period. California State Teachers Retirement System boosted its stake in Consol Energy by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 437,507 shares of the company’s stock valued at $3,456,000 after buying an additional 6,857 shares during the period. Rhumbline Advisers boosted its stake in Consol Energy by 6.7% in the fourth quarter. Rhumbline Advisers now owns 303,788 shares of the company’s stock valued at $2,400,000 after buying an additional 19,208 shares during the period. California Public Employees Retirement System boosted its stake in Consol Energy by 19.9% in the fourth quarter. California Public Employees Retirement System now owns 767,546 shares of the company’s stock valued at $6,064,000 after buying an additional 127,300 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in Consol Energy by 402.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 157,059 shares of the company’s stock valued at $1,239,000 after buying an additional 125,793 shares during the period.

CONSOL Energy Inc (CONSOL Energy) is an integrated energy company that operates through two divisions: oil and gas exploration and production (E&P) and coal mining. The principal activity of the E&P division is to produce pipeline quality natural gas for sale primarily to natural gas wholesalers. The E&P division’s segments are Marcellus, Utica, Coalbed Methane, and Other Gas.

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