Cloud Peak Energy Inc (CLD) Holdings Boosted by Voya Investment Management LLC
Voya Investment Management LLC grew its holdings in shares of Cloud Peak Energy Inc (NYSE:CLD) by 55.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 87,872 shares of the mining company’s stock after purchasing an additional 31,246 shares during the period. Voya Investment Management LLC owned approximately 0.12% of Cloud Peak Energy worth $310,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Louisiana State Employees Retirement System boosted its stake in shares of Cloud Peak Energy by 0.3% during the 2nd quarter. Louisiana State Employees Retirement System now owns 30,600 shares of the mining company’s stock worth $108,000 after acquiring an additional 100 shares in the last quarter. KCG Holdings Inc. purchased a new stake in shares of Cloud Peak Energy during the 1st quarter worth approximately $112,000. Hartford Investment Management Co. purchased a new stake in shares of Cloud Peak Energy during the 2nd quarter worth approximately $119,000. AJO LP purchased a new stake in shares of Cloud Peak Energy during the 2nd quarter worth approximately $120,000. Finally, IndexIQ Advisors LLC purchased a new stake in shares of Cloud Peak Energy during the 2nd quarter worth approximately $123,000. Institutional investors own 80.70% of the company’s stock.
A number of research firms recently issued reports on CLD. Stifel Nicolaus reaffirmed a “buy” rating and issued a $6.00 target price on shares of Cloud Peak Energy in a research note on Friday, October 13th. 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 Saturday, August 5th. BidaskClub lowered Cloud Peak Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Zacks Investment Research raised Cloud Peak Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, August 2nd. Finally, ValuEngine lowered Cloud Peak Energy from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $5.14.
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Cloud Peak Energy Inc (NYSE CLD) opened at $4.26 on Tuesday. Cloud Peak Energy Inc has a 52 week low of $2.78 and a 52 week high of $7.73. The firm has a market capitalization of $318.60, a price-to-earnings ratio of 53.00 and a beta of 1.64. The company has a current ratio of 2.14, a quick ratio of 1.61 and a debt-to-equity ratio of 0.41.
Cloud Peak Energy (NYSE:CLD) last issued its quarterly earnings results on Thursday, October 26th. The mining company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. The business had revenue of $249.00 million for the quarter, compared to analysts’ expectations of $254.82 million. During the same period in the prior year, the company earned $0.06 EPS. The company’s revenue for the quarter was up 14.7% compared to the same quarter last year. sell-side analysts expect that Cloud Peak Energy Inc will post -0.39 earnings per share for the current year.
Cloud Peak Energy Company 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.
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