Parametric Portfolio Associates LLC boosted its holdings in Cloud Peak Energy Inc (NYSE:CLD) by 43.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 376,732 shares of the mining company’s stock after buying an additional 113,325 shares during the quarter. Parametric Portfolio Associates LLC owned approximately 0.50% of Cloud Peak Energy worth $1,330,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. KCG Holdings Inc. purchased a new position in Cloud Peak Energy in the first quarter valued at $112,000. Louisiana State Employees Retirement System increased its holdings 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 during the last quarter. Hartford Investment Management Co. purchased a new position in Cloud Peak Energy in the second quarter valued at $119,000. AJO LP purchased a new position in Cloud Peak Energy in the second quarter valued at $120,000. Finally, IndexIQ Advisors LLC purchased a new position in Cloud Peak Energy in the second quarter valued at $123,000. 80.70% of the stock is currently owned by hedge funds and other institutional investors.
CLD has been the topic of several recent analyst reports. Stifel Nicolaus reissued a “buy” rating and issued a $6.00 target price on shares of Cloud Peak Energy in a report on Friday, July 21st. Zacks Investment Research raised Cloud Peak Energy from a “hold” rating to a “buy” rating and set a $5.00 price objective on the stock in a report on Thursday, October 19th. TheStreet raised Cloud Peak Energy from a “d+” rating to a “c-” rating in a report on Friday, October 27th. BMO Capital Markets set a $4.00 price objective on Cloud Peak Energy and gave the stock a “hold” rating in a report on Saturday, August 5th. Finally, ValuEngine lowered Cloud Peak Energy from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $5.11.
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Cloud Peak Energy Inc (NYSE:CLD) opened at $4.21 on Wednesday. The stock has a market capitalization of $320.10, a PE ratio of 53.25 and a beta of 1.64. Cloud Peak Energy Inc has a twelve month low of $2.78 and a twelve month high of $7.37. The company has a current ratio of 2.14, a quick ratio of 1.61 and a debt-to-equity ratio of 0.41.
Cloud Peak Energy (NYSE:CLD) last announced its earnings results on Thursday, October 26th. The mining company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.01. The business had revenue of $249.00 million for the quarter, compared to analyst estimates of $254.82 million. During the same quarter last year, the company posted $0.06 EPS. Cloud Peak Energy’s quarterly revenue was up 14.7% on a year-over-year basis. sell-side analysts forecast that Cloud Peak Energy Inc will post -0.39 EPS for the current year.
Cloud Peak Energy 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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