Barclays PLC raised its position in NACCO Industries, Inc. (NYSE:NC – Free Report) by 365.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 7,004 shares of the company’s stock after acquiring an additional 5,499 shares during the quarter. Barclays PLC’s holdings in NACCO Industries were worth $199,000 at the end of the most recent reporting period.
Separately, Empowered Funds LLC lifted its holdings in NACCO Industries by 5.3% in the third quarter. Empowered Funds LLC now owns 34,728 shares of the company’s stock valued at $985,000 after acquiring an additional 1,742 shares during the last quarter. Institutional investors and hedge funds own 49.10% of the company’s stock.
NACCO Industries Trading Up 1.5 %
NC opened at $31.69 on Wednesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.39 and a current ratio of 3.76. The business’s 50 day moving average price is $30.58 and its 200 day moving average price is $29.21. NACCO Industries, Inc. has a one year low of $25.19 and a one year high of $37.70. The stock has a market capitalization of $231.27 million, a PE ratio of -13.66 and a beta of 0.97.
NACCO Industries Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were given a dividend of $0.2275 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.91 annualized dividend and a dividend yield of 2.87%. NACCO Industries’s dividend payout ratio is presently -39.22%.
NACCO Industries Company Profile
NACCO Industries, Inc, together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies.
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