Trexquant Investment LP Purchases Shares of 9,443 NACCO Industries, Inc. (NYSE:NC)

Trexquant Investment LP purchased a new stake in NACCO Industries, Inc. (NYSE:NC - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 9,443 shares of the company's stock, valued at approximately $282,000. Trexquant Investment LP owned 0.13% of NACCO Industries as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of NC. State Street Corp lifted its holdings in NACCO Industries by 1.0% during the 3rd quarter. State Street Corp now owns 78,276 shares of the company's stock worth $2,219,000 after purchasing an additional 763 shares in the last quarter. Barclays PLC increased its position in shares of NACCO Industries by 365.4% during the third quarter. Barclays PLC now owns 7,004 shares of the company's stock valued at $199,000 after buying an additional 5,499 shares during the period. JPMorgan Chase & Co. lifted its stake in NACCO Industries by 77.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,263 shares of the company's stock worth $234,000 after purchasing an additional 3,615 shares in the last quarter. Empowered Funds LLC grew its position 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 valued at $1,087,000 after purchasing an additional 1,716 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings 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 worth $569,000 after purchasing an additional 424 shares during the period. 49.10% of the stock is currently owned by hedge funds and other institutional investors.

NACCO Industries Price Performance

Shares of NC stock traded down $0.96 during trading on Friday, hitting $36.79. The company had a trading volume of 11,971 shares, compared to its average volume of 15,168. The stock's 50-day moving average is $33.40 and its two-hundred day moving average is $31.31. The stock has a market capitalization of $273.39 million, a price-to-earnings ratio of -15.86 and a beta of 0.69. The company has a quick ratio of 2.39, a current ratio of 3.76 and a debt-to-equity ratio of 0.17. NACCO Industries, Inc. has a 52 week low of $25.19 and a 52 week high of $39.65.

NACCO Industries (NYSE:NC - Get Free Report) last issued its quarterly earnings results on Wednesday, March 5th. The company reported $1.02 EPS for the quarter. The firm had revenue of $70.42 million for the quarter. NACCO Industries had a negative net margin of 7.94% and a positive return on equity of 8.87%.

NACCO Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a dividend of $0.2275 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.91 dividend on an annualized basis and a yield of 2.47%. NACCO Industries's payout ratio is 19.87%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut NACCO Industries from a "buy" rating to a "hold" rating in a research report on Saturday, March 29th.

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.