Key Points
- Insider sale: NACCO SVP Elizabeth Loveman sold 2,997 shares on November 10 at an average price of $45.22 for $135,524.34, leaving her with 20,069 shares (a 12.99% reduction of her holdings).
- Recent results and valuation: NACCO reported $1.78 EPS and $76.61 million in quarterly revenue, trades at a P/E of 11.69 with a market cap of about $371.2 million and a 1‑year range of $27.47–$50.50.
- Dividend and market view: The company pays a $0.2525 quarterly dividend (annualized $1.01, ~2.0% yield, 25.9% payout ratio), has a consensus analyst rating of "Hold," and institutional investors own roughly 49.1% of the stock.
NACCO Industries, Inc. (NYSE:NC - Get Free Report) SVP Elizabeth Loveman sold 2,997 shares of NACCO Industries stock in a transaction on Monday, November 10th. The stock was sold at an average price of $45.22, for a total transaction of $135,524.34. Following the sale, the senior vice president directly owned 20,069 shares of the company's stock, valued at approximately $907,520.18. This trade represents a 12.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Elizabeth Loveman also recently made the following trade(s):
- On Thursday, September 4th, Elizabeth Loveman sold 3,208 shares of NACCO Industries stock. The shares were sold at an average price of $39.18, for a total transaction of $125,689.44.
NACCO Industries Stock Performance
NYSE:NC traded down $0.50 during trading hours on Thursday, reaching $49.82. 783 shares of the company's stock were exchanged, compared to its average volume of 10,188. The company has a 50-day moving average of $42.40 and a 200 day moving average of $39.54. NACCO Industries, Inc. has a 1-year low of $27.47 and a 1-year high of $50.50. The company has a quick ratio of 2.90, a current ratio of 3.91 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $371.22 million, a price-to-earnings ratio of 11.69 and a beta of 0.74.
NACCO Industries (NYSE:NC - Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $1.78 EPS for the quarter. NACCO Industries had a net margin of 11.79% and a return on equity of 7.72%. The company had revenue of $76.61 million during the quarter.
NACCO Industries Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were paid a $0.2525 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $1.01 annualized dividend and a yield of 2.0%. NACCO Industries's payout ratio is presently 25.90%.
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on NC. Wall Street Zen downgraded shares of NACCO Industries from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Weiss Ratings reiterated a "hold (c)" rating on shares of NACCO Industries in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, NACCO Industries has a consensus rating of "Hold".
Get Our Latest Analysis on NACCO Industries
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Mudita Advisors LLP acquired a new position in shares of NACCO Industries during the 1st quarter worth $2,910,000. PNC Financial Services Group Inc. increased its position in NACCO Industries by 343.5% during the first quarter. PNC Financial Services Group Inc. now owns 69,556 shares of the company's stock worth $2,346,000 after acquiring an additional 53,873 shares during the period. Segall Bryant & Hamill LLC bought a new stake in shares of NACCO Industries in the second quarter valued at about $1,318,000. M&T Bank Corp bought a new stake in shares of NACCO Industries during the second quarter valued at approximately $953,000. Finally, Nuveen LLC acquired a new position in shares of NACCO Industries in the 1st quarter valued at $445,000. 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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
