CNX Assets Co. (NYSE:CNX – Get Free Report) Director Bernard Lanigan, Jr. acquired 75,000 shares of the inventory in a transaction on Monday, September ninth. The shares have been bought at a median worth of $26.81 per share, for a complete transaction of $2,010,750.00. Following the transaction, the director now immediately owns 401,820 shares within the firm, valued at $10,772,794.20. The acquisition was disclosed in a submitting with the Securities & Alternate Fee, which is out there at this hyperlink.
CNX Assets Buying and selling Up 0.1 %
Shares of CNX inventory opened at $27.06 on Friday. CNX Assets Co. has a fifty-two week low of $19.07 and a fifty-two week excessive of $28.23. The inventory’s fifty day transferring common worth is $26.30 and its two-hundred day transferring common worth is $24.62. The corporate has a debt-to-equity ratio of 0.46, a fast ratio of 0.40 and a present ratio of 0.41. The corporate has a market cap of $4.15 billion, a PE ratio of 4.90 and a beta of 1.37.
CNX Assets (NYSE:CNX – Get Free Report) final launched its quarterly earnings information on Thursday, July twenty fifth. The oil and gasoline producer reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.09. The enterprise had income of $321.44 million for the quarter, in comparison with analyst estimates of $387.46 million. CNX Assets had a return on fairness of seven.51% and a internet margin of 26.64%. Throughout the identical interval final 12 months, the agency posted $0.29 earnings per share. Equities analysts predict that CNX Assets Co. will submit 1.47 EPS for the present fiscal 12 months.
Analyst Scores Modifications
A number of equities analysts just lately commented on the inventory. Truist Monetary upped their worth goal on shares of CNX Assets from $30.00 to $31.00 and gave the corporate a “purchase” score in a analysis be aware on Monday, July twenty second. Piper Sandler lowered shares of CNX Assets from a “impartial” score to an “underweight” score and decreased their goal worth for the inventory from $22.00 to $20.00 in a analysis report on Thursday, August fifteenth. JPMorgan Chase & Co. lifted their worth goal on shares of CNX Assets from $26.00 to $27.00 and gave the corporate a “impartial” score in a analysis report on Thursday. Stephens restated an “equal weight” score and set a $27.00 worth goal on shares of CNX Assets in a analysis be aware on Monday, July fifteenth. Lastly, StockNews.com downgraded CNX Assets from a “maintain” score to a “promote” score in a analysis report on Saturday, August third. Three analysts have rated the inventory with a promote score, 5 have issued a maintain score and one has issued a purchase score to the corporate. In line with information from MarketBeat.com, the inventory presently has a median score of “Maintain” and a consensus goal worth of $25.75.
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Hedge Funds Weigh In On CNX Assets
Quite a few institutional traders have just lately added to or diminished their stakes within the inventory. Pullen Funding Administration LLC elevated its holdings in shares of CNX Assets by 2.3% through the second quarter. Pullen Funding Administration LLC now owns 27,399 shares of the oil and gasoline producer’s inventory value $666,000 after shopping for an extra 623 shares within the final quarter. GAMMA Investing LLC grew its place in CNX Assets by 54.1% through the 2nd quarter. GAMMA Investing LLC now owns 1,896 shares of the oil and gasoline producer’s inventory value $46,000 after buying an extra 666 shares over the last quarter. Riverwater Companions LLC elevated its holdings in CNX Assets by 1.0% within the 1st quarter. Riverwater Companions LLC now owns 65,673 shares of the oil and gasoline producer’s inventory value $1,558,000 after buying an extra 676 shares within the final quarter. Vanguard Customized Indexing Administration LLC raised its place in CNX Assets by 3.3% within the second quarter. Vanguard Customized Indexing Administration LLC now owns 29,307 shares of the oil and gasoline producer’s inventory valued at $712,000 after buying an extra 941 shares over the last quarter. Lastly, Congress Asset Administration Co. MA boosted its stake in shares of CNX Assets by 0.4% through the fourth quarter. Congress Asset Administration Co. MA now owns 265,558 shares of the oil and gasoline producer’s inventory valued at $5,311,000 after buying an extra 945 shares within the final quarter. 95.16% of the inventory is presently owned by institutional traders and hedge funds.
About CNX Assets
CNX Assets Company, an unbiased pure gasoline and midstream firm, engages within the acquisition, exploration, growth, and manufacturing of pure gasoline properties within the Appalachian Basin. The corporate operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline high quality pure gasoline primarily for gasoline wholesalers.
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