Principal Financial Group Inc. lifted its stake in shares of Cloud Peak Energy Inc (NYSE:CLD) by 2.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 582,546 shares of the mining company’s stock after purchasing an additional 12,753 shares during the period. Principal Financial Group Inc. owned 0.78% of Cloud Peak Energy worth $2,056,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of CLD. Precocity Capital LP acquired a new position in shares of Cloud Peak Energy during the 1st quarter worth approximately $5,267,000. MARSHALL WACE ASIA Ltd acquired a new position in shares of Cloud Peak Energy during the 1st quarter worth approximately $5,249,000. Marshall Wace North America L.P. acquired a new position in shares of Cloud Peak Energy during the 1st quarter worth approximately $5,249,000. Renaissance Technologies LLC boosted its holdings in shares of Cloud Peak Energy by 35.6% during the 1st quarter. Renaissance Technologies LLC now owns 3,795,600 shares of the mining company’s stock worth $17,384,000 after purchasing an additional 996,600 shares during the last quarter. Finally, Gendell Jeffrey L boosted its holdings in shares of Cloud Peak Energy by 69.3% during the 1st quarter. Gendell Jeffrey L now owns 2,253,554 shares of the mining company’s stock worth $10,321,000 after purchasing an additional 922,752 shares during the last quarter. Institutional investors and hedge funds own 81.14% of the company’s stock.

Shares of Cloud Peak Energy Inc (NYSE:CLD) opened at 3.66 on Friday. The firm has a 50-day moving average price of $3.33 and a 200-day moving average price of $3.57. The stock’s market cap is $274.98 million. Cloud Peak Energy Inc has a 12 month low of $2.78 and a 12 month high of $8.04.

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

Several analysts have recently commented on the stock. BMO Capital Markets set a $4.00 price target on shares of Cloud Peak Energy and gave the company a “hold” rating in a research report on Saturday, August 5th. BidaskClub lowered shares of Cloud Peak Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Zacks Investment Research raised shares of Cloud Peak Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd. ValuEngine lowered shares of Cloud Peak Energy from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $6.00 target price on shares of Cloud Peak Energy in a research report on Friday, July 21st. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. Cloud Peak Energy currently has an average rating of “Hold” and a consensus target price of $5.29.

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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.

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

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