Empirical Finance LLC Has $529,000 Stock Holdings in Core Natural Resources, Inc. (NYSE:CNR)

Empirical Finance LLC decreased its position in shares of Core Natural Resources, Inc. (NYSE:CNR) by 42.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,743 shares of the energy company’s stock after selling 2,727 shares during the quarter. Empirical Finance LLC’s holdings in Core Natural Resources were worth $529,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of CNR. GAMMA Investing LLC boosted its position in shares of Core Natural Resources by 340.5% during the fourth quarter. GAMMA Investing LLC now owns 185 shares of the energy company’s stock worth $26,000 after purchasing an additional 143 shares in the last quarter. Fortitude Family Office LLC raised its stake in Core Natural Resources by 63.8% during the 4th quarter. Fortitude Family Office LLC now owns 267 shares of the energy company’s stock worth $28,000 after buying an additional 104 shares during the period. Quest Partners LLC bought a new position in Core Natural Resources during the third quarter worth about $50,000. Sound Income Strategies LLC acquired a new position in Core Natural Resources in the third quarter valued at about $51,000. Finally, KBC Group NV increased its holdings in shares of Core Natural Resources by 43.3% in the third quarter. KBC Group NV now owns 569 shares of the energy company’s stock worth $79,000 after acquiring an additional 172 shares in the last quarter. Institutional investors and hedge funds own 86.54% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the stock. Jefferies Financial Group upgraded shares of Core Natural Resources from a “hold” rating to a “buy” rating and dropped their target price for the stock from $165.00 to $150.00 in a report on Monday, January 6th. StockNews.com began coverage on shares of Core Natural Resources in a research report on Thursday, January 30th. They issued a “hold” rating on the stock. Benchmark upped their target price on shares of Core Natural Resources from $105.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, November 18th. Finally, Piper Sandler raised Core Natural Resources from a “neutral” rating to an “overweight” rating and dropped their price target for the company from $165.00 to $150.00 in a research note on Monday, January 6th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $158.83.

Core Natural Resources Trading Up 3.0 %

Shares of CNR stock opened at $85.92 on Tuesday. Core Natural Resources, Inc. has a 12-month low of $75.43 and a 12-month high of $134.59. The company has a market capitalization of $2.53 billion, a PE ratio of 6.31 and a beta of 1.74. The firm has a 50 day moving average price of $140.25 and a two-hundred day moving average price of $140.96. The company has a quick ratio of 1.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.05.

Core Natural Resources 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.