NACCO Industries (NYSE:NC) SVP Elizabeth Loveman Sells 2,997 Shares

NACCO Industries, Inc. (NYSE:NC) SVP Elizabeth Loveman sold 2,997 shares of the business’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $45.22, for a total value of $135,524.34. Following the sale, the senior vice president directly owned 20,069 shares of the company’s stock, valued at $907,520.18. This represents a 12.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Elizabeth Loveman also recently made the following trade(s):

• On Thursday, September 4th, Elizabeth Loveman sold 3,208 shares of NACCO Industries stock. The stock was sold at an average price of $39.18, for a total transaction of $125,689.44.

NACCO Industries Stock Down 1.0%

Shares of NC traded down $0.50 on Thursday, hitting $49.82. The company’s stock had a trading volume of 783 shares, compared to its average volume of 10,188. The company has a quick ratio of 2.90, a current ratio of 3.91 and a debt-to-equity ratio of 0.22. NACCO Industries, Inc. has a fifty-two week low of $27.47 and a fifty-two week high of $50.50. The firm’s fifty day moving average price is $42.40 and its 200-day moving average price is $39.54. 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) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $1.78 earnings per share (EPS) for the quarter. NACCO Industries had a return on equity of 7.72% and a net margin of 11.79%.The business had revenue of $76.61 million during the quarter.

NACCO Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were issued a $0.2525 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $1.01 dividend on an annualized basis and a yield of 2.0%. NACCO Industries’s payout ratio is currently 25.90%.

Institutional Trading of NACCO Industries

Several large investors have recently modified their holdings of NC. Mudita Advisors LLP bought a new stake in NACCO Industries during the 1st quarter valued at approximately $2,910,000. Bridgeway Capital Management LLC increased its position in shares of NACCO Industries by 5.7% during the second quarter. Bridgeway Capital Management LLC now owns 75,237 shares of the company’s stock worth $3,334,000 after purchasing an additional 4,050 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in NACCO Industries by 343.5% in the first quarter. PNC Financial Services Group Inc. now owns 69,556 shares of the company’s stock valued at $2,346,000 after purchasing an additional 53,873 shares during the last quarter. Empowered Funds LLC grew its holdings in NACCO Industries by 6.9% in the first quarter. Empowered Funds LLC now owns 38,972 shares of the company’s stock valued at $1,315,000 after purchasing an additional 2,528 shares during the period. Finally, Segall Bryant & Hamill LLC purchased a new position in NACCO Industries in the 2nd quarter valued at $1,318,000. Institutional investors own 49.10% of the company’s stock.

Analyst Ratings Changes

NC has been the topic of a number of recent analyst reports. Wall Street Zen cut shares of NACCO Industries from a “buy” rating to a “hold” rating in a research note 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 research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

About NACCO Industries

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.