13,194 Shares in NACCO Industries, Inc. $NC Purchased by Nuveen LLC

Nuveen LLC bought a new stake in NACCO Industries, Inc. (NYSE:NC) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 13,194 shares of the company’s stock, valued at approximately $445,000. Nuveen LLC owned approximately 0.18% of NACCO Industries as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in NC. Wells Fargo & Company MN boosted its stake in shares of NACCO Industries by 18.7% in the 4th quarter. Wells Fargo & Company MN now owns 2,503 shares of the company’s stock valued at $75,000 after purchasing an additional 394 shares in the last quarter. Barclays PLC boosted its stake in shares of NACCO Industries by 11.0% in the 4th quarter. Barclays PLC now owns 7,771 shares of the company’s stock valued at $232,000 after purchasing an additional 767 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in NACCO Industries by 232.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,225 shares of the company’s stock worth $37,000 after buying an additional 857 shares in the last quarter. Bank of America Corp DE lifted its position in NACCO Industries by 21.7% during the 4th quarter. Bank of America Corp DE now owns 6,504 shares of the company’s stock worth $194,000 after buying an additional 1,158 shares in the last quarter. Finally, Two Sigma Advisers LP lifted its position in NACCO Industries by 3.4% during the 4th quarter. Two Sigma Advisers LP now owns 21,316 shares of the company’s stock worth $636,000 after buying an additional 700 shares in the last quarter. Institutional investors and hedge funds own 49.10% of the company’s stock.

NACCO Industries Stock Performance

NACCO Industries stock opened at $39.56 on Friday. The company has a current ratio of 3.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.22. NACCO Industries, Inc. has a 1 year low of $25.19 and a 1 year high of $45.50. The company has a market cap of $294.72 million, a PE ratio of 9.29 and a beta of 0.75. The company’s 50-day moving average is $39.38 and its two-hundred day moving average is $36.56.

NACCO Industries (NYSE:NC) last announced its quarterly earnings results on Wednesday, August 6th. The company reported $0.44 earnings per share for the quarter. NACCO Industries had a net margin of 11.79% and a return on equity of 7.72%. The business had revenue of $68.24 million for the quarter.

NACCO Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be given a $0.2525 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $1.01 annualized dividend and a dividend yield of 2.6%. NACCO Industries’s payout ratio is currently 23.71%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of NACCO Industries from a “buy” rating to a “hold” rating in a report on Saturday, August 9th.

About NACCO Industries

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.