102,473 Shares in Core Natural Resources, Inc. $CNR Bought by BW Gestao de Investimentos Ltda.

BW Gestao de Investimentos Ltda. purchased a new position in shares of Core Natural Resources, Inc. (NYSE:CNR) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 102,473 shares of the energy company’s stock, valued at approximately $9,070,000.

A number of other large investors have also recently bought and sold shares of CNR. Triumph Capital Management acquired a new stake in Core Natural Resources during the 3rd quarter worth $25,000. EverSource Wealth Advisors LLC boosted its stake in Core Natural Resources by 84.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 416 shares of the energy company’s stock worth $29,000 after purchasing an additional 191 shares during the period. CWM LLC boosted its stake in Core Natural Resources by 45.7% during the 4th quarter. CWM LLC now owns 338 shares of the energy company’s stock worth $30,000 after purchasing an additional 106 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Core Natural Resources by 11,140.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 562 shares of the energy company’s stock worth $50,000 after purchasing an additional 557 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in Core Natural Resources by 60.5% during the 4th quarter. Farther Finance Advisors LLC now owns 642 shares of the energy company’s stock worth $57,000 after purchasing an additional 242 shares during the period. Institutional investors and hedge funds own 86.54% of the company’s stock.

Insider Transactions at Core Natural Resources

In other news, CAO John Rothka sold 1,000 shares of Core Natural Resources stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $97.66, for a total transaction of $97,660.00. Following the completion of the sale, the chief accounting officer directly owned 5,190 shares in the company, valued at $506,855.40. The trade was a 16.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO James A. Brock sold 40,760 shares of Core Natural Resources stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $101.15, for a total transaction of $4,122,874.00. Following the sale, the chief executive officer owned 100,000 shares of the company’s stock, valued at approximately $10,115,000. This trade represents a 28.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 51,560 shares of company stock worth $5,118,890 over the last ninety days. 2.49% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Wall Street Zen upgraded shares of Core Natural Resources from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Zacks Research cut shares of Core Natural Resources from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 19th. UBS Group raised their target price on shares of Core Natural Resources from $109.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, March 24th. Weiss Ratings cut shares of Core Natural Resources from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 20th. Finally, B. Riley Financial restated a “buy” rating on shares of Core Natural Resources in a research note on Thursday, April 30th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $116.67.

Core Natural Resources Stock Performance

Shares of CNR opened at $93.25 on Tuesday. The company has a current ratio of 1.70, a quick ratio of 1.21 and a debt-to-equity ratio of 0.11. The stock has a market cap of $4.70 billion, a P/E ratio of -76.43 and a beta of 0.14. The company has a 50-day moving average of $92.37 and a two-hundred day moving average of $90.41. Core Natural Resources, Inc. has a 12-month low of $64.15 and a 12-month high of $114.80.

Core Natural Resources (NYSE:CNR) last announced its earnings results on Thursday, May 7th. The energy company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.13. The company had revenue of $899.48 million during the quarter, compared to analysts’ expectations of $1.06 billion. Core Natural Resources had a negative net margin of 1.49% and a negative return on equity of 1.69%. The firm’s quarterly revenue was up 94.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.39 earnings per share. As a group, research analysts predict that Core Natural Resources, Inc. will post 1.7 EPS for the current fiscal year.

Core Natural Resources Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.10 per share. The ex-dividend date is Friday, May 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.4%. Core Natural Resources’s payout ratio is -32.79%.

Core Natural Resources Company Profile

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.