State Street Corp Grows Stock Position in NACCO Industries, Inc. (NYSE:NC)

State Street Corp boosted its position in NACCO Industries, Inc. (NYSE:NC) by 1.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 78,276 shares of the company’s stock after buying an additional 763 shares during the period. State Street Corp’s holdings in NACCO Industries were worth $2,219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Empowered Funds LLC lifted its holdings in shares of 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 period. Institutional investors own 49.10% of the company’s stock.

NACCO Industries Trading Up 2.1 %

Shares of NC stock opened at $29.82 on Thursday. NACCO Industries, Inc. has a 1-year low of $25.19 and a 1-year high of $37.70. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.76 and a quick ratio of 2.39. The business’s fifty day moving average price is $30.44 and its 200 day moving average price is $29.05. The firm has a market capitalization of $217.60 million, a PE ratio of -12.85 and a beta of 0.96.

NACCO Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were issued a $0.2275 dividend. The ex-dividend date was Monday, December 2nd. This represents a $0.91 dividend on an annualized basis and a yield of 3.05%. NACCO Industries’s dividend payout ratio (DPR) is presently -39.22%.

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.