JPMorgan Chase & Co. Has $234,000 Holdings in NACCO Industries, Inc. (NYSE:NC)

JPMorgan Chase & Co. lifted its stake in shares of NACCO Industries, Inc. (NYSE:NC) by 77.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,263 shares of the company’s stock after purchasing an additional 3,615 shares during the period. JPMorgan Chase & Co. owned approximately 0.11% of NACCO Industries worth $234,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of NC. Barclays PLC grew its position in shares of NACCO Industries by 365.4% during the 3rd quarter. Barclays PLC now owns 7,004 shares of the company’s stock worth $199,000 after buying an additional 5,499 shares during the period. Empowered Funds LLC grew its holdings in NACCO Industries by 5.3% during the third quarter. Empowered Funds LLC now owns 34,728 shares of the company’s stock valued at $985,000 after purchasing an additional 1,742 shares during the period. Finally, State Street Corp increased its stake in NACCO Industries by 1.0% in the third quarter. State Street Corp now owns 78,276 shares of the company’s stock valued at $2,219,000 after purchasing an additional 763 shares in the last quarter. 49.10% of the stock is owned by institutional investors.

NACCO Industries Trading Down 1.2 %

Shares of NYSE NC opened at $31.65 on Friday. NACCO Industries, Inc. has a twelve month low of $25.19 and a twelve month high of $36.95. The stock has a market cap of $231.01 million, a price-to-earnings ratio of -13.64 and a beta of 0.97. The company has a quick ratio of 2.39, a current ratio of 3.76 and a debt-to-equity ratio of 0.17. The company’s fifty day moving average is $30.75 and its 200-day moving average is $29.40.

NACCO Industries (NYSE:NC) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $2.14 earnings per share for the quarter. The firm had revenue of $61.66 million for the quarter. NACCO Industries had a negative net margin of 7.94% and a positive return on equity of 8.87%.

NACCO Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were paid a $0.2275 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.91 annualized dividend and a dividend yield of 2.88%. NACCO Industries’s payout ratio is -39.22%.

NACCO Industries Company Profile

NACCO Industries, Inc, together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies.