ValuEngine downgraded shares of Cloud Peak Energy Inc (NYSE:CLD) from a buy rating to a hold rating in a research note released on Friday morning.

Several other research firms also recently commented on CLD. Zacks Investment Research downgraded shares of Cloud Peak Energy from a hold rating to a sell rating in a report on Tuesday, July 25th. Stifel Nicolaus reissued a buy rating and set a $6.00 price objective on shares of Cloud Peak Energy in a report on Friday, July 21st. MKM Partners reissued a neutral rating and set a $4.00 price objective (down previously from $6.00) on shares of Cloud Peak Energy in a report on Wednesday, May 10th. BMO Capital Markets set a $4.00 price objective on shares of Cloud Peak Energy and gave the company a hold rating in a report on Tuesday, July 4th. Finally, BidaskClub downgraded shares of Cloud Peak Energy from a hold rating to a sell rating in a report on Tuesday, July 25th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company’s stock. Cloud Peak Energy currently has a consensus rating of Hold and a consensus price target of $5.41.

Shares of Cloud Peak Energy (NYSE CLD) opened at 3.46 on Friday. The firm’s 50-day moving average price is $3.49 and its 200 day moving average price is $4.17. Cloud Peak Energy has a 52 week low of $2.85 and a 52 week high of $8.03. The company’s market cap is $259.79 million.

Cloud Peak Energy (NYSE:CLD) last released its quarterly earnings data on Thursday, July 27th. The mining company reported ($0.04) EPS for the quarter, meeting the consensus estimate of ($0.04). Cloud Peak Energy had a negative net margin of 0.47% and a positive return on equity of 0.54%. The business had revenue of $229.20 million during the quarter, compared to the consensus estimate of $236.94 million. During the same quarter in the prior year, the firm earned $0.48 EPS. The business’s revenue was up 31.6% on a year-over-year basis. On average, equities research analysts forecast that Cloud Peak Energy will post ($0.41) EPS for the current year.

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Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP increased its position in shares of Cloud Peak Energy by 17.3% in the first quarter. Dimensional Fund Advisors LP now owns 4,399,249 shares of the mining company’s stock worth $20,148,000 after buying an additional 647,650 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Cloud Peak Energy by 35.6% in the first quarter. Renaissance Technologies LLC now owns 3,795,600 shares of the mining company’s stock worth $17,384,000 after buying an additional 996,600 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Cloud Peak Energy by 27.9% in the first quarter. Vanguard Group Inc. now owns 3,581,492 shares of the mining company’s stock worth $16,403,000 after buying an additional 782,138 shares during the last quarter. Kopernik Global Investors LLC increased its position in shares of Cloud Peak Energy by 51.7% in the first quarter. Kopernik Global Investors LLC now owns 2,708,218 shares of the mining company’s stock worth $12,404,000 after buying an additional 923,452 shares during the last quarter. Finally, Gendell Jeffrey L increased its position in shares of Cloud Peak Energy by 69.3% in the first quarter. Gendell Jeffrey L now owns 2,253,554 shares of the mining company’s stock worth $10,321,000 after buying an additional 922,752 shares during the last quarter. 82.05% of the stock is owned by hedge funds and other institutional investors.

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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Analyst Recommendations for Cloud Peak Energy (NYSE:CLD)

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