Insider Selling: John F. Turben Sells 1,000 Shares of NACCO Industries Stock (NC)
NACCO Industries (NYSE:NC) Director John F. Turben unloaded 1,000 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $52.78, for a total value of $52,780.00. Following the completion of the transaction, the director now directly owns 3,160 shares of the company’s stock, valued at approximately $166,785. The sale was disclosed in a legal filing with the SEC, which is available at this link.
NACCO Industries (NYSE:NC) traded up 1.75% on Thursday, hitting $55.005. The stock had a trading volume of 10,003 shares. NACCO Industries has a 1-year low of $46.50 and a 1-year high of $65.40. The stock’s 50-day moving average is $52.95 and its 200-day moving average is $56.89. The company has a market cap of $429.0 million and a P/E ratio of 11.22.
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 announced a quarterly dividend, which is scheduled for Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.2575 per share. This represents a $1.03 annualized dividend and a dividend yield of 1.91%. The ex-dividend date is Wednesday, May 28th. This is a boost from NACCO Industries’s previous quarterly dividend of $0.25.
Separately, analysts at TheStreet upgraded shares of NACCO Industries to a “hold” rating in a research note on Wednesday, April 23rd.
NACCO Industries, Inc (NYSE:NC) is a holding company.
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