KBC Group NV cut its position in shares of Cloud Peak Energy Inc (NYSE:CLD) by 32.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 291,096 shares of the mining company’s stock after selling 139,691 shares during the period. KBC Group NV owned approximately 0.39% of Cloud Peak Energy worth $1,028,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the stock. Louisiana State Employees Retirement System boosted its stake in shares of Cloud Peak Energy by 23.5% in the first quarter. Louisiana State Employees Retirement System now owns 30,500 shares of the mining company’s stock worth $140,000 after buying an additional 5,800 shares during the period. Shell Asset Management Co. acquired a new stake in shares of Cloud Peak Energy during the first quarter worth about $1,175,000. Russell Investments Group Ltd. boosted its stake in shares of Cloud Peak Energy by 44.3% in the first 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. Great West Life Assurance Co. Can boosted its stake in shares of Cloud Peak Energy by 25.5% in the first 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, Bank of New York Mellon Corp boosted its stake in shares of Cloud Peak Energy by 28.2% in the first quarter. Bank of New York Mellon Corp now owns 622,393 shares of the mining company’s stock worth $2,851,000 after buying an additional 136,738 shares during the period. 81.14% of the stock is owned by institutional investors.

Shares of Cloud Peak Energy Inc (NYSE:CLD) opened at 3.33 on Friday. Cloud Peak Energy Inc has a 12 month low of $2.78 and a 12 month high of $8.03. The stock’s market cap is $250.19 million. The firm’s 50-day moving average is $3.26 and its 200 day moving average is $3.79.

Cloud Peak Energy (NYSE:CLD) last posted its quarterly earnings data on Thursday, July 27th. The mining company reported ($0.04) earnings per share for the quarter, meeting the Zacks’ 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 for the quarter, compared to analysts’ expectations of $236.94 million. During the same quarter in the previous year, the business posted $0.48 earnings per share. The business’s revenue was up 31.6% compared to the same quarter last year. On average, equities analysts predict that Cloud Peak Energy Inc will post ($0.49) EPS for the current year.

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A number of equities research analysts have recently issued reports on CLD shares. MKM Partners reaffirmed a “neutral” rating and issued a $4.00 price objective (down previously from $6.00) on shares of Cloud Peak Energy in a research note on Wednesday, May 10th. Zacks Investment Research cut shares of Cloud Peak Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 23rd. BMO Capital Markets set a $4.00 price objective on shares of Cloud Peak Energy and gave the company a “hold” rating in a research note on Tuesday, July 4th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $6.00 price objective on shares of Cloud Peak Energy in a research note on Friday, July 21st. Finally, BidaskClub cut shares of Cloud Peak Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. Cloud Peak Energy has an average rating of “Hold” and an average target price of $5.41.

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

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