Deltic Timber (NYSE:DEL) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

Several other equities research analysts have also commented on the company. TheStreet upgraded Deltic Timber from a “c+” rating to a “b-” rating in a research note on Thursday, September 28th. BidaskClub lowered Deltic Timber from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 24th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $50.13.

Shares of Deltic Timber (NYSE:DEL) traded up $0.41 during trading hours on Friday, reaching $92.60. The company’s stock had a trading volume of 331,277 shares, compared to its average volume of 204,372. The firm has a market capitalization of $1,128.70, a price-to-earnings ratio of 120.26 and a beta of 0.93. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.72 and a quick ratio of 1.18. Deltic Timber has a 12 month low of $65.65 and a 12 month high of $96.65.

Deltic Timber (NYSE:DEL) last announced its quarterly earnings results on Monday, October 23rd. The construction company reported $0.20 EPS for the quarter. The company had revenue of $61.66 million during the quarter. Deltic Timber had a return on equity of 3.74% and a net margin of 4.13%. research analysts predict that Deltic Timber will post 0.52 EPS for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of DEL. Geode Capital Management LLC boosted its position in shares of Deltic Timber by 2.6% in the first quarter. Geode Capital Management LLC now owns 82,053 shares of the construction company’s stock worth $6,409,000 after buying an additional 2,060 shares during the period. Schwab Charles Investment Management Inc. boosted its position in shares of Deltic Timber by 5.5% in the first quarter. Schwab Charles Investment Management Inc. now owns 42,533 shares of the construction company’s stock worth $3,323,000 after buying an additional 2,217 shares during the period. Bank of America Corp DE boosted its position in shares of Deltic Timber by 31.9% in the first quarter. Bank of America Corp DE now owns 32,239 shares of the construction company’s stock worth $2,518,000 after buying an additional 7,801 shares during the period. State Street Corp boosted its position in shares of Deltic Timber by 4.4% in the first quarter. State Street Corp now owns 257,348 shares of the construction company’s stock worth $20,100,000 after buying an additional 10,884 shares during the period. Finally, State of Alaska Department of Revenue boosted its position in shares of Deltic Timber by 78.6% in the second quarter. State of Alaska Department of Revenue now owns 2,090 shares of the construction company’s stock worth $156,000 after buying an additional 920 shares during the period. 85.55% of the stock is owned by institutional investors.

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Deltic Timber Company Profile

Deltic Timber Corporation is a vertically integrated natural resources company. The Company is engaged in the growing and harvesting of timber and the manufacturing and marketing of lumber and medium density fiberboard (MDF). It operates through four segments: Woodlands, which manages all aspects of the Company’s timberlands; Manufacturing, which consists of its approximately two sawmills that manufacture a range of softwood lumber products and the Del-Tin Fiber plant that produces MDF; Real Estate, which includes the Company’s four real estate developments and a related country club operation, and Corporate.

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Analyst Recommendations for Deltic Timber (NYSE:DEL)

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