Parametric Portfolio Associates LLC boosted its stake in shares of Cloud Peak Energy Inc (NYSE:CLD) by 31.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 263,407 shares of the mining company’s stock after buying an additional 62,612 shares during the period. Parametric Portfolio Associates LLC owned 0.35% of Cloud Peak Energy worth $1,206,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in CLD. Comerica Bank increased its position in shares of Cloud Peak Energy by 0.9% in the fourth quarter. Comerica Bank now owns 62,956 shares of the mining company’s stock worth $351,000 after buying an additional 556 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of 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 worth $123,000 after buying an additional 15,590 shares during the period. Thrivent Financial for Lutherans boosted its position in shares of Cloud Peak Energy by 7.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 33,280 shares of the mining company’s stock worth $187,000 after buying an additional 2,270 shares during the period. USA Financial Portformulas Corp purchased a new position in Cloud Peak Energy during the fourth quarter valued at approximately $231,000. Finally, Highbridge Capital Management LLC purchased a new position in Cloud Peak Energy during the fourth quarter valued at approximately $1,164,000. Institutional investors and hedge funds own 82.05% of the company’s stock.
Shares of Cloud Peak Energy Inc (CLD) opened at 3.35 on Monday. The firm has a 50-day moving average price of $3.49 and a 200-day moving average price of $4.21. Cloud Peak Energy Inc has a 1-year low of $2.85 and a 1-year high of $8.03. The company’s market capitalization is $251.53 million.
Cloud Peak Energy (NYSE:CLD) last posted its quarterly earnings data on Thursday, July 27th. The mining company reported ($0.04) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.04). The business had revenue of $229.20 million during the quarter, compared to the consensus estimate of $236.94 million. Cloud Peak Energy had a positive return on equity of 0.54% and a negative net margin of 0.47%. Cloud Peak Energy’s quarterly revenue was up 31.6% on a year-over-year basis. During the same period last year, the company earned $0.48 earnings per share. Equities analysts anticipate that Cloud Peak Energy Inc will post ($0.41) earnings per share for the current year.
TRADEMARK VIOLATION WARNING: “Parametric Portfolio Associates LLC Boosts Stake in Cloud Peak Energy Inc (NYSE:CLD)” was published by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this piece of content can be read at https://stocknewstimes.com/2017/07/31/cloud-peak-energy-inc-nysecld-position-raised-by-parametric-portfolio-associates-llc-updated.html.
Several research firms have commented on CLD. BidaskClub cut shares of Cloud Peak Energy from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. Stifel Nicolaus restated a “buy” rating and set a $6.00 price objective on shares of Cloud Peak Energy in a research report on Friday, July 21st. ValuEngine cut shares of Cloud Peak Energy from a “buy” rating to a “hold” rating in a research note on Friday. Zacks Investment Research cut shares of Cloud Peak Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Finally, BMO Capital Markets set a $4.00 price target on shares of Cloud Peak Energy and gave the stock a “hold” rating in a research note on Tuesday, July 4th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the stock. Cloud Peak Energy presently has an average rating of “Hold” and a consensus price target of $5.41.
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.
Receive News & Ratings for Cloud Peak Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cloud Peak Energy Inc and related companies with MarketBeat.com's FREE daily email newsletter.
