OxFORD Asset Management LLP Sells 170,739 Shares of Cloud Peak Energy Inc (CLD)

OxFORD Asset Management LLP trimmed its position in shares of Cloud Peak Energy Inc (NYSE:CLD) by 12.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,227,771 shares of the mining company’s stock after selling 170,739 shares during the period. OxFORD Asset Management LLP owned approximately 1.63% of Cloud Peak Energy worth $4,432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Dimensional Fund Advisors LP raised its holdings in shares of Cloud Peak Energy by 7.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 5,547,510 shares of the mining company’s stock worth $20,304,000 after acquiring an additional 396,604 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in Cloud Peak Energy by 113.2% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 1,172,787 shares of the mining company’s stock valued at $4,293,000 after buying an additional 622,821 shares during the period. Wells Fargo & Company MN raised its holdings in Cloud Peak Energy by 888.4% during the 3rd quarter. Wells Fargo & Company MN now owns 92,914 shares of the mining company’s stock valued at $341,000 after buying an additional 83,514 shares during the period. Kopernik Global Investors LLC raised its holdings in Cloud Peak Energy by 3.9% during the 3rd quarter. Kopernik Global Investors LLC now owns 4,436,525 shares of the mining company’s stock valued at $16,239,000 after buying an additional 167,978 shares during the period. Finally, Macquarie Group Ltd. purchased a new stake in Cloud Peak Energy during the 3rd quarter valued at $396,000. 79.46% of the stock is currently owned by institutional investors and hedge funds.

Several research firms recently weighed in on CLD. B. Riley restated a “neutral” rating on shares of Cloud Peak Energy in a report on Wednesday, November 1st. Zacks Investment Research lowered Cloud Peak Energy from a “buy” rating to a “hold” rating in a report on Monday, November 13th. TheStreet upgraded Cloud Peak Energy from a “d+” rating to a “c-” rating in a report on Friday, October 27th. J P Morgan Chase & Co lowered Cloud Peak Energy from an “overweight” rating to a “neutral” rating in a report on Monday, November 20th. Finally, Stifel Nicolaus restated a “buy” rating and set a $6.00 price target on shares of Cloud Peak Energy in a report on Friday, October 13th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $5.11.

Shares of Cloud Peak Energy Inc (CLD) traded up $0.02 during trading on Thursday, reaching $4.21. The company’s stock had a trading volume of 522,800 shares, compared to its average volume of 1,299,782. The company has a market cap of $314.84, a P/E ratio of 52.38 and a beta of 1.61. The company has a quick ratio of 1.61, a current ratio of 2.14 and a debt-to-equity ratio of 0.41. Cloud Peak Energy Inc has a 12 month low of $2.78 and a 12 month high of $6.61.

Cloud Peak Energy (NYSE:CLD) last announced its quarterly earnings data on Thursday, October 26th. The mining company reported $0.03 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.01. The business had revenue of $249.00 million during the quarter, compared to the consensus estimate of $254.82 million. The business’s revenue was up 14.7% compared to the same quarter last year. During the same period last year, the company earned $0.06 EPS. equities analysts anticipate that Cloud Peak Energy Inc will post -0.39 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This story was reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this story on another site, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The original version of this story can be read at https://www.com-unik.info/2017/12/07/oxford-asset-management-llp-sells-170739-shares-of-cloud-peak-energy-inc-cld.html.

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.

Want to see what other hedge funds are holding CLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cloud Peak Energy Inc (NYSE:CLD).

Institutional Ownership by Quarter for Cloud Peak Energy (NYSE:CLD)

What are top analysts saying about Cloud Peak Energy Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Cloud Peak Energy Inc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit