NWQ Investment Management Company LLC trimmed its stake in Deltic Timber Corp (NYSE:DEL) by 18.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 276,375 shares of the construction company’s stock after selling 62,417 shares during the period. NWQ Investment Management Company LLC owned about 2.27% of Deltic Timber worth $25,302,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Delpha Capital Management LLC acquired a new stake in Deltic Timber during the 4th quarter worth about $112,000. Piedmont Investment Advisors LLC acquired a new stake in Deltic Timber during the 3rd quarter worth about $209,000. Aperio Group LLC acquired a new stake in Deltic Timber during the 3rd quarter worth about $210,000. Citadel Advisors LLC acquired a new stake in Deltic Timber during the 3rd quarter worth about $212,000. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in Deltic Timber during the 3rd quarter worth about $216,000. Institutional investors and hedge funds own 90.90% of the company’s stock.
Shares of Deltic Timber Corp (DEL) opened at $93.28 on Wednesday. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.52 and a quick ratio of 1.03. The company has a market capitalization of $1,140.00, a PE ratio of 119.59 and a beta of 0.93. Deltic Timber Corp has a 12 month low of $65.65 and a 12 month high of $100.35.
In other news, CFO Byrom Walker sold 5,500 shares of the firm’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $90.94, for a total value 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 approximately $998,430.26. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP David V. Meghreblian sold 16,057 shares of the firm’s stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $90.94, for a total value of $1,460,223.58. Following the completion of the sale, the vice president now owns 27,424 shares of the company’s stock, valued at $2,493,938.56. The disclosure for this sale can be found here. Company insiders own 12.10% of the company’s stock.
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Deltic Timber 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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