Cloud Peak Energy Inc (NYSE:CLD) Position Raised by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC raised its stake in shares of Cloud Peak Energy Inc (NYSE:CLD) by 31.2% during the first quarter, Holdings Channel reports. The firm owned 263,407 shares of the mining company’s stock after buying an additional 62,612 shares during the period. Parametric Portfolio Associates LLC’s holdings in Cloud Peak Energy were worth $1,206,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA boosted its position in Cloud Peak Energy by 78.5% in the first quarter. BNP Paribas Arbitrage SA now owns 24,555 shares of the mining company’s stock valued at $112,000 after buying an additional 10,801 shares during the period. Point View Wealth Management Inc. boosted its position in Cloud Peak Energy by 9.1% in the first quarter. Point View Wealth Management Inc. now owns 26,611 shares of the mining company’s stock valued at $122,000 after buying an additional 2,219 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted its position in Cloud Peak Energy by 242.8% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 22,011 shares of the mining company’s stock valued at $123,000 after buying an additional 15,590 shares during the period. TFS Capital LLC acquired a new position in Cloud Peak Energy during the first quarter valued at $132,000. Finally, Louisiana State Employees Retirement System boosted its position in Cloud Peak Energy by 23.5% in the first quarter. Louisiana State Employees Retirement System now owns 30,500 shares of the mining company’s stock valued at $140,000 after buying an additional 5,800 shares during the period. Institutional investors and hedge funds own 80.87% of the company’s stock.

Shares of Cloud Peak Energy Inc (NYSE:CLD) opened at 3.64 on Friday. Cloud Peak Energy Inc has a 52 week low of $2.42 and a 52 week high of $8.03. The stock’s 50 day moving average price is $3.45 and its 200-day moving average price is $4.28. The company has a market cap of $262.13 million, a PE ratio of 6.08 and a beta of 1.42.

Cloud Peak Energy (NYSE:CLD) last announced its quarterly earnings data on Thursday, April 27th. The mining company reported ($0.30) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.02) by $0.28. Cloud Peak Energy had a net margin of 4.68% and a return on equity of 4.00%. The firm had revenue of $195.73 million during the quarter, compared to analyst estimates of $233.58 million. During the same period last year, the business posted ($0.53) EPS. The company’s revenue was up 8.0% on a year-over-year basis. Analysts expect that Cloud Peak Energy Inc will post ($0.40) EPS for the current year.

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CLD has been the topic of several research reports. BMO Capital Markets set a $4.00 target price on Cloud Peak Energy and gave the company a “hold” rating in a research note on Tuesday, July 4th. Zacks Investment Research upgraded Cloud Peak Energy from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 20th. FBR & Co upgraded Cloud Peak Energy from an “underperform” rating to a “market perform” rating and set a $4.00 target price on the stock in a research note on Thursday, March 23rd. Stifel Nicolaus set a $7.00 target price on Cloud Peak Energy and gave the company a “buy” rating in a research note on Monday, May 1st. Finally, MKM Partners restated a “neutral” rating and issued a $4.00 target price (down previously from $6.00) on shares of Cloud Peak Energy in a research note on Wednesday, May 10th. Eight investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Cloud Peak Energy currently has an average rating of “Hold” and a consensus price target of $5.53.

About Cloud Peak Energy

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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