Barclays PLC Boosts Stake in NACCO Industries, Inc. (NYSE:NC)

Barclays PLC raised its position in NACCO Industries, Inc. (NYSE:NC) by 365.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 7,004 shares of the company’s stock after purchasing an additional 5,499 shares during the period. Barclays PLC’s holdings in NACCO Industries were worth $199,000 as of its most recent SEC filing.

Separately, Empowered Funds LLC boosted its position in NACCO Industries by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 34,728 shares of the company’s stock valued at $985,000 after buying an additional 1,742 shares during the last quarter. 49.10% of the stock is owned by hedge funds and other institutional investors.

NACCO Industries Stock Performance

Shares of NACCO Industries stock opened at $31.30 on Tuesday. The firm has a market cap of $228.40 million, a PE ratio of -13.49 and a beta of 0.97. The firm’s 50-day simple moving average is $30.63 and its 200-day simple moving average is $29.06. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.39 and a current ratio of 3.76. NACCO Industries, Inc. has a 1 year low of $25.19 and a 1 year high of $37.70.

NACCO Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were paid a $0.2275 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.91 dividend on an annualized basis and a dividend yield of 2.91%. NACCO Industries’s dividend payout ratio (DPR) is presently -39.22%.

NACCO Industries 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.