Key Points
- Elizabeth Loveman, NACCO SVP, sold 1,897 shares on Nov. 12 at an average price of $49.94 for $94,736.18, reducing her stake by 9.45% to 18,172 shares (disclosed on an SEC Form 4).
- Loveman also sold 2,997 shares on Nov. 10 at $45.22 and 3,208 shares on Sept. 4 at $39.18, reflecting multiple recent insider sales.
- NACCO stock traded around $50.48 (up 0.1%), with a 52‑week range of $27.47–$52.41, market cap ≈$376M, trailing P/E 11.86, Q3 EPS $1.78, and an annualized dividend of $1.01 (≈2.0% yield).
NACCO Industries, Inc. (NYSE:NC - Get Free Report) SVP Elizabeth Loveman sold 1,897 shares of the company's stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $49.94, for a total transaction of $94,736.18. Following the completion of the sale, the senior vice president directly owned 18,172 shares of the company's stock, valued at $907,509.68. The trade was a 9.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Elizabeth Loveman also recently made the following trade(s):
- On Monday, November 10th, Elizabeth Loveman sold 2,997 shares of NACCO Industries stock. The stock was sold at an average price of $45.22, for a total value of $135,524.34.
- 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 Up 0.1%
Shares of NYSE NC traded up $0.03 during midday trading on Friday, reaching $50.48. 4,533 shares of the company's stock were exchanged, compared to its average volume of 10,216. NACCO Industries, Inc. has a 52-week low of $27.47 and a 52-week high of $52.41. The business's fifty day moving average price is $42.63 and its two-hundred day moving average price is $39.62. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.90 and a current ratio of 3.91. The stock has a market capitalization of $376.18 million, a PE ratio of 11.86 and a beta of 0.74.
NACCO Industries (NYSE:NC - Get Free Report) last released its earnings results on Wednesday, November 5th. The company reported $1.78 earnings per share (EPS) for the quarter. The firm had revenue of $76.61 million for the quarter. NACCO Industries had a return on equity of 7.72% and a net margin of 11.79%.
NACCO Industries Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were paid a $0.2525 dividend. This represents a $1.01 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Tuesday, September 2nd. NACCO Industries's dividend payout ratio (DPR) is 25.90%.
Institutional Trading of NACCO Industries
Hedge funds and other institutional investors have recently made changes to their positions in the business. Nuveen LLC acquired a new position in NACCO Industries during the first quarter worth $445,000. Mudita Advisors LLP acquired a new stake in NACCO Industries during the 1st quarter worth approximately $2,910,000. PNC Financial Services Group Inc. lifted its position in shares of 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 purchasing an additional 53,873 shares during the last quarter. Penn Mutual Asset Management increased its stake in NACCO Industries by 17.9% during the 1st quarter. Penn Mutual Asset Management now owns 15,960 shares of the company's stock valued at $538,000 after buying an additional 2,425 shares during the period. Finally, MetLife Investment Management LLC bought a new position in shares of NACCO Industries during the 1st quarter valued at $83,000. Hedge funds and other institutional investors own 49.10% of the company's stock.
Analyst Ratings Changes
Several equities research analysts have commented on NC shares. Weiss Ratings reissued a "hold (c)" rating on shares of NACCO Industries in a research report on Wednesday, October 8th. Wall Street Zen downgraded NACCO Industries from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of "Hold".
Read Our Latest Analysis on NC
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.
Further Reading
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