Core Natural Resources, Inc. $CNR Shares Sold by Krilogy Financial LLC

Krilogy Financial LLC lowered its position in shares of Core Natural Resources, Inc. (NYSE:CNR) by 67.7% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 3,333 shares of the energy company’s stock after selling 7,000 shares during the period. Krilogy Financial LLC’s holdings in Core Natural Resources were worth $349,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of CNR. Triumph Capital Management acquired a new stake in shares of Core Natural Resources in the third quarter valued at approximately $25,000. EverSource Wealth Advisors LLC raised its holdings in shares of Core Natural Resources by 84.9% during the second quarter. EverSource Wealth Advisors LLC now owns 416 shares of the energy company’s stock valued at $29,000 after buying an additional 191 shares during the last quarter. CWM LLC boosted its position in shares of Core Natural Resources by 45.7% during the fourth quarter. CWM LLC now owns 338 shares of the energy company’s stock worth $30,000 after buying an additional 106 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in shares of Core Natural Resources during the fourth quarter worth approximately $38,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Core Natural Resources by 11,140.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 562 shares of the energy company’s stock worth $50,000 after buying an additional 557 shares in the last quarter. Institutional investors and hedge funds own 86.54% of the company’s stock.

Core Natural Resources Stock Down 0.2%

Shares of CNR stock opened at $81.57 on Monday. Core Natural Resources, Inc. has a 1 year low of $64.57 and a 1 year high of $114.80. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.21 and a current ratio of 1.70. The business’s fifty day moving average is $87.49 and its 200-day moving average is $91.48. The stock has a market cap of $4.11 billion, a PE ratio of -66.86 and a beta of 0.14.

Core Natural Resources (NYSE:CNR) last announced its quarterly earnings data on Thursday, May 7th. The energy company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.13. Core Natural Resources had a negative return on equity of 1.69% and a negative net margin of 1.49%.The business had revenue of $899.48 million during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the firm posted $3.39 earnings per share. The company’s revenue was up 94.7% on a year-over-year basis. Equities analysts expect that Core Natural Resources, Inc. will post 2.45 earnings per share for the current fiscal year.

Core Natural Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Friday, May 29th. Core Natural Resources’s dividend payout ratio is presently -32.79%.

Analyst Upgrades and Downgrades

Several research firms recently commented on CNR. Weiss Ratings cut Core Natural Resources from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, June 23rd. Zacks Research raised Core Natural Resources from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 24th. B. Riley Financial restated a “buy” rating on shares of Core Natural Resources in a research note on Thursday, April 30th. Wall Street Zen raised shares of Core Natural Resources from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, UBS Group increased their target price on shares of Core Natural Resources from $109.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, March 24th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $116.67.

About Core Natural Resources

Core Natural Resources, Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company’s PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users. This segment includes the Bailey Mine, the Enlow Fork Mine, the Harvey Mine, and the central preparation plant.