Huge news. .25 cent Minimum from Zacks. and increase from Hedgefund insider buys
https://www.fidaily.com/2019/05/05/cloud-peak-energy-inc-cld-stake-lifted-by-blackrock-inc.html
Separately, Zacks Investment Research raised Cloud Peak Energy from a “hold” rating to a “buy” rating and set a $0.25 price objective for the company in a research report on Monday, January 7th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $2.25.
Shares of CLD stock opened at $0.06 on Friday. The firm has a market capitalization of $4.82 million, a P/E ratio of -0.15 and a beta of 2.66. Cloud Peak Energy Inc. has a one year low of $0.16 and a one year high of $4.10. The company has a debt-to-equity ratio of 1.35, a current ratio of 2.05 and a quick ratio of 1.46.
BlackRock Inc. grew its holdings in Cloud Peak Energy Inc. (NYSE:CLD) by 1.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,583,555 shares of the mining company’s stock after acquiring an additional 198,804 shares during the quarter. BlackRock Inc. owned 13.97% of Cloud Peak Energy worth $3,877,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp boosted its position in shares of Cloud Peak Energy by 4.6% in the third quarter. Bank of New York Mellon Corp now owns 2,171,763 shares of the mining company’s stock valued at $4,995,000 after acquiring an additional 95,543 shares during the period. Acadian Asset Management LLC boosted its position in shares of Cloud Peak Energy by 115.7% in the fourth quarter. Acadian Asset Management LLC now owns 359,133 shares of the mining company’s stock valued at $131,000 after acquiring an additional 192,665 shares during the period. Vanguard Group Inc boosted its position in shares of Cloud Peak Energy by 1.3% in the third quarter. Vanguard Group Inc now owns 4,698,036 shares of the mining company’s stock valued at $10,805,000 after acquiring an additional 58,484 shares during the period. Assenagon Asset Management S.A. bought a new stake in shares of Cloud Peak Energy in the fourth quarter valued at approximately $53,000. Finally, Vanguard Group Inc. boosted its position in shares of Cloud Peak Energy by 1.3% in the third quarter. Vanguard Group Inc. now owns 4,698,036 shares of the mining company’s stock valued at $10,805,000 after acquiring an additional 58,484 shares during the period. 77.19% of the stock is owned by institutional investors
