Arizona State Retirement System raised its holdings in Cloud Peak Energy Inc (NYSE:CLD) by 0.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 39,153 shares of the mining company’s stock after buying an additional 100 shares during the quarter. Arizona State Retirement System owned 0.05% of Cloud Peak Energy worth $138,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CLD. MARSHALL WACE ASIA Ltd acquired a new stake in shares of Cloud Peak Energy during the 1st quarter worth approximately $5,249,000. Russell Investments Group Ltd. lifted its position in shares of Cloud Peak Energy by 44.3% during the 1st quarter. Russell Investments Group Ltd. now owns 1,200,432 shares of the mining company’s stock worth $5,498,000 after buying an additional 368,260 shares during the period. Laurion Capital Management LP bought a new position in shares of Cloud Peak Energy during the 1st quarter worth approximately $1,083,000. Great West Life Assurance Co. Can lifted its position in shares of Cloud Peak Energy by 25.5% during the 1st quarter. Great West Life Assurance Co. Can now owns 95,198 shares of the mining company’s stock worth $435,000 after buying an additional 19,366 shares during the period. Finally, State of Tennessee Treasury Department lifted its position in shares of Cloud Peak Energy by 45.3% during the 1st quarter. State of Tennessee Treasury Department now owns 70,844 shares of the mining company’s stock worth $324,000 after buying an additional 22,095 shares during the period. 81.14% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms recently commented on CLD. BidaskClub downgraded Cloud Peak Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Zacks Investment Research cut Cloud Peak Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 23rd. ValuEngine cut Cloud Peak Energy from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. 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. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $6.00 price objective on shares of Cloud Peak Energy in a research note on Friday, July 21st. Two analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $5.41.

COPYRIGHT VIOLATION WARNING: “Cloud Peak Energy Inc (CLD) Shares Bought by Arizona State Retirement System” was originally reported by Watch List News and is owned by of Watch List News. If you are reading this report on another domain, it was stolen and republished in violation of U.S. and international copyright & trademark law. The original version of this report can be accessed at https://www.watchlistnews.com/cloud-peak-energy-inc-cld-shares-bought-by-arizona-state-retirement-system/1560464.html.

Shares of Cloud Peak Energy Inc (CLD) opened at 3.36 on Thursday. Cloud Peak Energy Inc has a 12 month low of $2.78 and a 12 month high of $8.03. The company’s 50-day moving average price is $3.17 and its 200-day moving average price is $3.65. The firm’s market cap is $252.44 million.

Cloud Peak Energy (NYSE:CLD) last announced its quarterly earnings data on Thursday, July 27th. The mining company reported ($0.04) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.04). Cloud Peak Energy had a negative net margin of 0.47% and a positive return on equity of 0.54%. The company had revenue of $229.20 million during the quarter, compared to analyst estimates of $236.94 million. During the same quarter last year, the business posted $0.48 EPS. The firm’s revenue for the quarter was up 31.6% on a year-over-year basis. On average, analysts predict that Cloud Peak Energy Inc will post ($0.49) EPS 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.

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)

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 Analyst Ratings Network's FREE daily email newsletter.