NACCO Industries (NYSE:NC - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued to investors on Saturday.
NACCO Industries Trading Up 3.7%
NACCO Industries stock opened at $37.73 on Friday. The company has a 50 day moving average price of $35.40 and a 200 day moving average price of $32.93. NACCO Industries has a 52 week low of $25.19 and a 52 week high of $39.65. 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 firm has a market capitalization of $280.79 million, a price-to-earnings ratio of -16.26 and a beta of 0.54.
NACCO Industries (NYSE:NC - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.66 EPS for the quarter. NACCO Industries had a negative net margin of 7.94% and a positive return on equity of 8.87%. The firm had revenue of $65.57 million during the quarter.
Institutional Investors Weigh In On NACCO Industries
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Empowered Funds LLC lifted its position in NACCO Industries by 4.9% in the 4th quarter. Empowered Funds LLC now owns 36,444 shares of the company's stock worth $1,087,000 after buying an additional 1,716 shares in the last quarter. Barclays PLC lifted its position in NACCO Industries by 11.0% in the 4th quarter. Barclays PLC now owns 7,771 shares of the company's stock worth $232,000 after buying an additional 767 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in NACCO Industries by 2.3% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 19,079 shares of the company's stock worth $569,000 after buying an additional 424 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in NACCO Industries by 232.9% in 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. Finally, Trexquant Investment LP purchased a new stake in NACCO Industries in the 4th quarter worth approximately $282,000. Hedge funds and other institutional investors own 49.10% of the company's stock.
NACCO Industries Company Profile
(
Get Free Report)
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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