Consol Energy Inc. (NYSE:CNX) shares were down 2.5% on Friday . The stock traded as low as $17.24 and last traded at $17.31, with a volume of 1,462,576 shares trading hands. The stock had previously closed at $17.76.

Several research analysts have weighed in on CNX shares. Jefferies Group upped their price objective on shares of Consol Energy from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, July 27th. Scotiabank reiterated a “sector perform” rating and issued a $22.00 price objective (up previously from $20.00) on shares of Consol Energy in a research note on Wednesday, July 27th. Zacks Investment Research lowered shares of Consol Energy from a “hold” rating to a “sell” rating in a research note on Monday, July 4th. BMO Capital Markets reiterated a “buy” rating on shares of Consol Energy in a research note on Sunday, June 12th. Finally, Howard Weil upped their price objective on shares of Consol Energy from $20.00 to $22.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 27th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $16.01.

The stock’s market capitalization is $3.95 billion. The stock has a 50 day moving average of $17.15 and a 200-day moving average of $13.20.

Consol Energy (NYSE:CNX) last released its quarterly earnings data on Tuesday, July 26th. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.19) by $0.02. The company had revenue of $285.80 million for the quarter, compared to analyst estimates of $566.84 million. Consol Energy’s revenue was down 47.6% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.37) earnings per share. On average, analysts anticipate that Consol Energy Inc. will post ($0.46) earnings per share for the current year.

In related news, major shareholder David Einhorn sold 7,000,000 shares of Consol Energy stock in a transaction that occurred on Wednesday, June 1st. The shares were sold at an average price of $15.01, for a total transaction of $105,070,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

A number of hedge funds and institutional investors have recently added to or reduced their stakes in the company. BlackRock Advisors LLC raised its position in Consol Energy by 2.2% in the fourth quarter. BlackRock Advisors LLC now owns 10,024,790 shares of the company’s stock valued at $79,196,000 after buying an additional 216,791 shares during the last quarter. State of Tennessee Treasury Department raised its position in Consol Energy by 83.5% in the fourth quarter. State of Tennessee Treasury Department now owns 204,341 shares of the company’s stock valued at $1,614,000 after buying an additional 92,955 shares during the last quarter. Trexquant Investment LP purchased a new position in Consol Energy during the fourth quarter valued at $1,590,000. California Public Employees Retirement System raised its position 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 last quarter. Finally, Rhumbline Advisers raised its position 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 last quarter.

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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