NACCO Industries (NYSE:NC - Get Free Report) was upgraded by Wall Street Zen from a "hold" rating to a "buy" rating in a report released on Sunday.
NACCO Industries Stock Performance
Shares of NC stock traded up $0.01 on Friday, reaching $39.11. The stock had a trading volume of 5,337 shares, compared to its average volume of 14,257. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.47 and a current ratio of 3.42. NACCO Industries has a 1 year low of $25.19 and a 1 year high of $39.65. The stock has a market cap of $290.94 million, a P/E ratio of 8.45 and a beta of 0.61. The company has a 50 day simple moving average of $36.02 and a 200 day simple moving average of $33.22.
NACCO Industries (NYSE:NC - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.66 earnings per share (EPS) for the quarter. The company had revenue of $65.57 million for the quarter. NACCO Industries had a net margin of 13.63% and a return on equity of 8.54%.
Institutional Trading of NACCO Industries
Several hedge funds have recently modified their holdings of the company. Empowered Funds LLC lifted its stake in shares of NACCO Industries by 4.9% in the 4th quarter. Empowered Funds LLC now owns 36,444 shares of the company's stock valued at $1,087,000 after purchasing an additional 1,716 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in 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 worth $569,000 after buying an additional 424 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in NACCO Industries by 97.6% during the fourth quarter. JPMorgan Chase & Co. now owns 16,325 shares of the company's stock worth $487,000 after buying an additional 8,062 shares during the period. Geode Capital Management LLC increased its position in NACCO Industries by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 86,635 shares of the company's stock valued at $2,584,000 after acquiring an additional 783 shares during the last quarter. Finally, Trexquant Investment LP purchased a new stake in shares of NACCO Industries in the fourth quarter valued at $282,000. 49.10% of the stock is owned by hedge funds and other institutional investors.
About NACCO Industries
(
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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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