NACCO Industries Director Sells $107,360 in Stock (NC)
NACCO Industries (NYSE:NC) Director John F. Turben sold 2,000 shares of the company’s stock on the open market in a transaction dated Friday, May 30th. The stock was sold at an average price of $53.68, for a total transaction of $107,360.00. Following the transaction, the director now directly owns 4,160 shares in the company, valued at approximately $223,309. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at TheStreet upgraded shares of NACCO Industries to a “hold” rating in a research note on Wednesday, April 23rd.
Shares of NACCO Industries (NYSE:NC) traded down 0.79% during mid-day trading on Monday, hitting $53.82. 16,119 shares of the company’s stock traded hands. NACCO Industries has a 52-week low of $46.50 and a 52-week high of $65.40. The stock has a 50-day moving average of $52.84 and a 200-day moving average of $56.91. The company has a market cap of $419.7 million and a price-to-earnings ratio of 11.26.
NACCO Industries (NYSE:NC) last posted its quarterly earnings results on Wednesday, April 30th. The company reported ($0.19) EPS for the quarter. The company had revenue of $177.40 million for the quarter, compared to the consensus estimate of $196.10 million.
The company also recently declared a quarterly dividend, which is scheduled for Friday, June 13th. Investors of record on Friday, May 30th will be given a dividend of $0.2575 per share. This represents a $1.03 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend is Wednesday, May 28th. This is an increase from NACCO Industries’s previous quarterly dividend of $0.25.
NACCO Industries, Inc (NYSE:NC) is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.