Meeder Asset Management Inc. acquired a new stake in shares of Consol Energy Inc (NYSE:CEIX) during the 4th quarter, HoldingsChannel reports. The fund acquired 5,509 shares of the company’s stock, valued at approximately $218,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new stake in Consol Energy during the fourth quarter valued at about $184,000. Public Employees Retirement Association of Colorado purchased a new stake in Consol Energy during the fourth quarter valued at about $207,000. State of Alaska Department of Revenue purchased a new stake in Consol Energy during the fourth quarter valued at about $269,000. Louisiana State Employees Retirement System purchased a new stake in Consol Energy during the fourth quarter valued at about $439,000. Finally, Gabelli Funds LLC purchased a new stake in Consol Energy during the fourth quarter valued at about $617,000. 3.73% of the stock is currently owned by institutional investors and hedge funds.

In related news, Director John T. Mills purchased 4,000 shares of the firm’s stock in a transaction dated Friday, December 8th. The shares were purchased at an average cost of $24.16 per share, for a total transaction of $96,640.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

CEIX has been the topic of several recent research reports. B. Riley reaffirmed a “buy” rating on shares of Consol Energy in a report on Thursday, November 30th. Stifel Nicolaus initiated coverage on shares of Consol Energy in a report on Thursday, November 30th. They set a “buy” rating and a $32.00 price objective on the stock. Finally, Seaport Global Securities initiated coverage on shares of Consol Energy in a report on Thursday, November 30th. They set a “buy” rating and a $32.00 price objective on the stock.

Shares of Consol Energy Inc (CEIX) opened at $29.39 on Monday. Consol Energy Inc has a 52-week low of $19.51 and a 52-week high of $41.89.

WARNING: “Meeder Asset Management Inc. Acquires New Holdings in Consol Energy Inc (CEIX)” was originally published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this report on another website, it was stolen and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be accessed at https://theolympiareport.com/2018/02/12/meeder-asset-management-inc-acquires-new-holdings-in-consol-energy-inc-ceix.html.

Consol Energy Profile

CONSOL Energy Inc, formerly CONSOL Mining Corporation, is engaged in the natural gas exploration and production business. The Company is a producer and exporter of high-Btu bituminous thermal and crossover metallurgical coal. It holds interest in the Pennsylvania Mining Complex (PMC) and related coal assets, terminal operations at the Port of Baltimore.

Want to see what other hedge funds are holding CEIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Consol Energy Inc (NYSE:CEIX).

Institutional Ownership by Quarter for Consol Energy (NYSE:CEIX)

Receive News & Ratings for Consol Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consol Energy and related companies with MarketBeat.com's FREE daily email newsletter.