Insider Selling: Deltic Timber Corp (DEL) CFO Sells 5,500 Shares of Stock

Deltic Timber Corp (NYSE:DEL) CFO Byrom Walker sold 5,500 shares of the firm’s stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $90.94, for a total transaction of $500,170.00. Following the completion of the sale, the chief financial officer now directly owns 10,979 shares in the company, valued at $998,430.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Deltic Timber Corp (NYSE DEL) traded down $0.38 during midday trading on Thursday, hitting $90.09. 83,000 shares of the stock were exchanged, compared to its average volume of 83,024. Deltic Timber Corp has a twelve month low of $65.65 and a twelve month high of $96.65. The company has a current ratio of 1.72, a quick ratio of 1.18 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $1,102.75, a PE ratio of 117.49 and a beta of 0.93.

Deltic Timber (NYSE:DEL) last posted its earnings results on Monday, October 23rd. The construction company reported $0.20 EPS for the quarter. The business had revenue of $61.66 million for the quarter. Deltic Timber had a net margin of 4.13% and a return on equity of 3.74%. equities analysts forecast that Deltic Timber Corp will post 0.52 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, December 18th. Investors of record on Monday, December 4th were paid a $0.10 dividend. The ex-dividend date was Friday, December 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.44%. Deltic Timber’s dividend payout ratio (DPR) is presently 51.95%.

Several equities research analysts recently issued reports on the stock. TheStreet raised shares of Deltic Timber from a “c+” rating to a “b-” rating in a research report on Thursday, September 28th. ValuEngine cut shares of Deltic Timber from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, BidaskClub cut shares of Deltic Timber from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 24th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. Deltic Timber presently has an average rating of “Hold” and an average target price of $50.13.

Several large investors have recently modified their holdings of DEL. Pinebridge Investments L.P. increased its stake in Deltic Timber by 1.2% during the second quarter. Pinebridge Investments L.P. now owns 1,397 shares of the construction company’s stock valued at $104,000 after purchasing an additional 17 shares during the last quarter. Texas Permanent School Fund increased its stake in Deltic Timber by 1.1% during the second quarter. Texas Permanent School Fund now owns 7,739 shares of the construction company’s stock valued at $578,000 after purchasing an additional 81 shares during the last quarter. Arizona State Retirement System increased its stake in Deltic Timber by 1.8% during the second quarter. Arizona State Retirement System now owns 5,572 shares of the construction company’s stock valued at $416,000 after purchasing an additional 100 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its stake in Deltic Timber by 4.2% during the second quarter. Municipal Employees Retirement System of Michigan now owns 2,500 shares of the construction company’s stock valued at $187,000 after purchasing an additional 100 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in Deltic Timber by 0.3% during the second quarter. Principal Financial Group Inc. now owns 80,625 shares of the construction company’s stock valued at $6,019,000 after purchasing an additional 236 shares during the last quarter. Institutional investors and hedge funds own 85.55% of the company’s stock.

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About Deltic Timber

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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