Hartford Investment Management Co. acquired a new stake in shares of Cloud Peak Energy Inc (NYSE:CLD) during the second quarter, Holdings Channel reports. The firm acquired 33,700 shares of the mining company’s stock, valued at approximately $119,000.

Other large investors also recently added to or reduced their stakes in the company. Louisiana State Employees Retirement System raised its stake in Cloud Peak Energy by 0.3% in the second quarter. Louisiana State Employees Retirement System now owns 30,600 shares of the mining company’s stock valued at $108,000 after buying an additional 100 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in Cloud Peak Energy by 78.5% in the first quarter. BNP Paribas Arbitrage SA now owns 24,555 shares of the mining company’s stock valued at $112,000 after buying an additional 10,801 shares in the last quarter. KCG Holdings Inc. bought a new stake in Cloud Peak Energy during the first quarter valued at $112,000. Point View Wealth Management Inc. raised its stake in Cloud Peak Energy by 9.1% in the first quarter. Point View Wealth Management Inc. now owns 26,611 shares of the mining company’s stock valued at $122,000 after buying an additional 2,219 shares in the last quarter. Finally, TFS Capital LLC bought a new stake in Cloud Peak Energy during the first quarter valued at $132,000. Institutional investors own 82.03% of the company’s stock.

Cloud Peak Energy Inc (CLD) traded down 0.32% during midday trading on Tuesday, reaching $3.16. The company had a trading volume of 343,312 shares. The company’s market capitalization is $237.41 million. Cloud Peak Energy Inc has a one year low of $2.90 and a one year high of $8.03. The stock’s 50 day moving average is $3.49 and its 200 day moving average is $4.16.

Cloud Peak Energy (NYSE:CLD) last announced its quarterly earnings data on Thursday, July 27th. The mining company reported ($0.04) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.04). The business had revenue of $229.20 million for the quarter, compared to analysts’ expectations of $236.94 million. Cloud Peak Energy had a negative net margin of 0.47% and a positive return on equity of 0.54%. The firm’s quarterly revenue was up 31.6% compared to the same quarter last year. During the same period last year, the firm posted $0.48 earnings per share. Equities research analysts forecast that Cloud Peak Energy Inc will post ($0.45) earnings per share for the current fiscal year.

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Several equities research analysts have recently weighed in on CLD shares. Stifel Nicolaus set a $7.00 price objective on Cloud Peak Energy and gave the company a “buy” rating in a research note on Monday, May 1st. BMO Capital Markets set a $4.00 price objective on Cloud Peak Energy and gave the company a “hold” rating in a research note on Tuesday, July 4th. Zacks Investment Research upgraded Cloud Peak Energy from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 20th. ValuEngine lowered Cloud Peak Energy from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Finally, MKM Partners reiterated a “neutral” rating and issued a $4.00 price objective (down from $6.00) on shares of Cloud Peak Energy in a research note on Wednesday, May 10th. One analyst has rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the stock. Cloud Peak Energy currently has a consensus rating of “Hold” and an average price target of $5.41.

Cloud Peak Energy Company Profile

Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.

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Institutional Ownership by Quarter for Cloud Peak Energy (NYSE:CLD)

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