NACCO Industries (NYSE:NC - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Sunday.
NACCO Industries Price Performance
NACCO Industries stock opened at $36.25 on Friday. The stock has a market capitalization of $269.74 million, a price-to-earnings ratio of -15.62 and a beta of 0.61. The stock's 50 day moving average price is $35.84 and its two-hundred day moving average price is $33.10. 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.
NACCO Industries (NYSE:NC - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.66 earnings per share (EPS) for the quarter. NACCO Industries had a positive return on equity of 8.87% and a negative net margin of 7.94%. The firm had revenue of $65.57 million for the quarter.
Institutional Trading of NACCO Industries
A number of institutional investors have recently added to or reduced their stakes in NC. Empowered Funds LLC lifted its holdings in shares of NACCO Industries by 4.9% during the 4th quarter. Empowered Funds LLC now owns 36,444 shares of the company's stock worth $1,087,000 after acquiring an additional 1,716 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of NACCO Industries by 2.3% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 19,079 shares of the company's stock valued at $569,000 after acquiring an additional 424 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of NACCO Industries by 97.6% in the fourth quarter. JPMorgan Chase & Co. now owns 16,325 shares of the company's stock worth $487,000 after acquiring an additional 8,062 shares during the last quarter. Geode Capital Management LLC raised its holdings in NACCO Industries by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 86,635 shares of the company's stock worth $2,584,000 after purchasing an additional 783 shares during the last quarter. Finally, Trexquant Investment LP acquired a new position in shares of NACCO Industries during the fourth quarter valued at about $282,000. 49.10% of the stock is owned by hedge funds and other institutional investors.
NACCO Industries Company Profile
(
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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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