P.r. Herzig buys $968,475 stake in Cloud Peak Energy (CLD)

Cloud Peak Energy (CLD) : P.r. Herzig scooped up 83,700 additional shares in Cloud Peak Energy during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 174,500 shares of Cloud Peak Energy which is valued at $968,475.Cloud Peak Energy makes up approximately 1.94% of P.r. Herzig’s portfolio.

Other Hedge Funds, Including , Capstone Asset Management Co reduced its stake in CLD by selling 2,470 shares or 3.75% in the most recent quarter. The Hedge Fund company now holds 63,420 shares of CLD which is valued at $353,249. Cloud Peak Energy makes up approx 0.01% of Capstone Asset Management Co’s portfolio.Cutler Group Lp boosted its stake in CLD in the latest quarter, The investment management firm added 27,088 additional shares and now holds a total of 42,620 shares of Cloud Peak Energy which is valued at $240,377. Cloud Peak Energy makes up approx 0.01% of Cutler Group Lp’s portfolio. Simplex Trading added CLD to its portfolio by purchasing 26,970 company shares during the most recent quarter which is valued at $149,953. Cloud Peak Energy makes up approx 0.02% of Simplex Trading’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in CLD by selling 20,386 shares or 83.31% in the most recent quarter. The Hedge Fund company now holds 4,084 shares of CLD which is valued at $21,890.

Cloud Peak Energy (CLD) witnessed a volatile trading activity on Friday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $5.59 and reached the intraday high at $5.8. The bulls started the profit booking and pushed the shares to intraday low of $5.49. The trading session was marked by a volume range of 16,03,759 shares exchanging hands. The 52-week high of the shares is $5.85 and the 52-week low is $1.08. The market cap of the company stands at $340 M and there are 6,13,21,335 shares in public circulation.

On the company’s financial health, Cloud Peak Energy reported $0.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.87 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $-0.39. The company had revenue of $174.20 million for the quarter, compared to analysts expectations of $170.77 million. The company’s revenue was down -28.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.87 EPS.

Many Wall Street Analysts have commented on Cloud Peak Energy. Company shares were Reiterated by FBR & Co. on Oct 13, 2016 to “Underperform”, Firm has raised the Price Target to $ 4 from a previous price target of $1.75 .

Cloud Peak Energy Inc. is a holding company that manages its 100% owned subsidiary Cloud Peak Energy Resources LLC (CPE Resources). The Company is a producer of coal in the United States of America and the Powder River basin (PRB). The Company operates in three segments: Owned and Operated Mines Logistics and Related Activities and Corporate and Other. The Owned and Operated Mines segment focuses on thermal coal production. The Logistics and Related Activities segment delivers coal to the customer at a terminal or the customer’s plant or other delivery point remote from its mine site. The Corporate and Other segment includes results relating to broker activity its share of the Decker mine operations. The Company operates in the PRB where it operates three surface coal mines which include the Antelope Mine the Cordero Rojo Mine and the Spring Creek Mine. It also has two development projects including the Youngs Creek project and the Crow project.

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