The stock of Cloud Peak Energy Inc. (NYSE:CLD) is a huge mover today! The stock increased 12.76% or $0.68 on October 28, hitting $6.01. About 4.29M shares traded hands or 134.43% up from the average. Cloud Peak Energy Inc. (NYSE:CLD) has risen 170.56% since March 28, 2016 and is uptrending. It has outperformed by 165.85% the S&P500.
The move comes after 6 months positive chart setup for the $373.45 million company. It was reported on Oct, 28 by Barchart.com. We have $16.29 PT which if reached, will make NYSE:CLD worth $638.60 million more.
Cloud Peak Energy Inc. (NYSE:CLD) Ratings Coverage
Out of 7 analysts covering Cloud Peak Energy (NYSE:CLD), 1 rate it a “Buy”, 3 “Sell”, while 3 “Hold”. This means 14% are positive. Cloud Peak Energy has been the topic of 11 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The firm has “Equal-Weight” rating given on Monday, October 5 by Barclays Capital. Macquarie Research maintained the shares of CLD in a report on Wednesday, October 28 with “Neutral” rating. The firm has “Equal-Weight” rating given on Tuesday, October 6 by Morgan Stanley. On Friday, September 18 the stock rating was initiated by FBR Capital with “Underperform”. The stock of Cloud Peak Energy Inc. (NYSE:CLD) earned “Outperform” rating by Cowen & Co on Thursday, July 30. The stock of Cloud Peak Energy Inc. (NYSE:CLD) earned “Underperform” rating by FBR Capital on Thursday, October 13. The rating was downgraded by FBR Capital on Friday, April 29 to “Underperform”. The company was upgraded on Thursday, February 4 by FBR Capital. UBS downgraded the stock to “Sell” rating in Friday, November 20 report. BMO Capital Markets maintained the shares of CLD in a report on Wednesday, October 28 with “Market Perform” rating.
According to Zacks Investment Research, “Cloud Peak Energy operates as a producer of low sulfur, high quality, sub-bituminous coal in the United States. It owns and operates three surface coal mines in the Powder River Basin named: Antelope, Cordero Rojo and the Spring Creek Mine. The Antelope Mine and Cordero Rojo Mine are located in Wyoming and the Spring Creek Mine is located near Decker, Montana. The company is headquartered in Gillette, Wyoming.”
Insitutional Activity: The institutional sentiment decreased to 0.49 in 2016 Q2. Its down 0.48, from 0.97 in 2016Q1. The ratio dived, as 27 funds sold all Cloud Peak Energy Inc. shares owned while 45 reduced positions. 9 funds bought stakes while 26 increased positions. They now own 45.92 million shares or 11.90% less from 52.12 million shares in 2016Q1.
Numeric Llc holds 0.01% or 768,111 shares in its portfolio. Connor Clark Lunn Mgmt Ltd accumulated 0.01% or 660,350 shares. Financial Bank Of America De has 0% invested in the company for 547,937 shares. Laurion Cap Mngmt L P has 0.01% invested in the company for 182,200 shares. Royal National Bank Of Canada holds 8,000 shares or 0% of its portfolio. Deutsche Savings Bank Ag last reported 0% of its portfolio in the stock. Prudential Financial Incorporated has invested 0% of its portfolio in Cloud Peak Energy Inc. (NYSE:CLD). Susquehanna Grp Ltd Liability Partnership reported 113,257 shares or 0% of all its holdings. Moreover, Green Square Cap Limited Liability has 0.02% invested in Cloud Peak Energy Inc. (NYSE:CLD) for 44,707 shares. First Heartland Consultants Inc holds 0.03% of its portfolio in Cloud Peak Energy Inc. (NYSE:CLD) for 148,860 shares. Aegis Financial reported 483,100 shares or 0.97% of all its holdings. The New York-based Loews Corporation has invested 0.01% in Cloud Peak Energy Inc. (NYSE:CLD). Oxford Asset Management holds 0.09% of its portfolio in Cloud Peak Energy Inc. (NYSE:CLD) for 1.06 million shares. Mizuho Tru & Banking Company last reported 0% of its portfolio in the stock. Arizona State Retirement Sys holds 0% of its portfolio in Cloud Peak Energy Inc. (NYSE:CLD) for 31,853 shares.
More notable recent Cloud Peak Energy Inc. (NYSE:CLD) news were published by: Fool.com which released: “Why Shares of Cloud Peak Energy Inc. Jumped 17% Today” on October 28, 2016, also Fool.com with their article: “Cloud Peak Energy Inc. Stock Jumps on Credit-Rating Upgrade” published on October 18, 2016, Seekingalpha.com published: “Cloud Peak Energy +12% after unexpected Q3 profit” on October 28, 2016. More interesting news about Cloud Peak Energy Inc. (NYSE:CLD) were released by: Businesswire.com and their article: “Cloud Peak Energy Resources Commences Exchange Offers” published on September 12, 2016 as well as Businesswire.com‘s news article titled: “Cloud Peak Energy Inc. Announces Schedule for Third Quarter and First Nine …” with publication date: October 13, 2016.
CLD Company Profile
Cloud Peak Energy Inc., incorporated on July 31, 2008, is a producer of coal in the United States and the Powder River basin (PRB). The Firm owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine, and the Spring Creek Mine. The Firm operates through two divisions: Owned and Operated Mines segment, and Logistics and Related Activities. The Company’s Owned and Operated Mines segment is characterized by its focus on thermal coal production. The Company’s Owned and Operated Mines segment includes the Company’s Antelope Mine, Cordero Rojo Mine, and Spring Creek Mine. The Firm focuses on domestic electric utilities and its mines utilize surface mining extraction processes, and are located in the PRB. The Company’s Logistics and Related Activities segment is characterized by the services the Company provides to its international and domestic customers. The services provided by the Company include the purchase of coal from third parties or from its owned and operated mines, at market prices, as well as the contracting and coordination of the transportation, and other handling services from third-party operators, which are rail and terminal companies.
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