Empowered Funds LLC Acquires 1,716 Shares of NACCO Industries, Inc. (NYSE:NC)

Empowered Funds LLC grew its holdings in shares of NACCO Industries, Inc. (NYSE:NC) by 4.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,444 shares of the company’s stock after acquiring an additional 1,716 shares during the quarter. Empowered Funds LLC owned 0.50% of NACCO Industries worth $1,087,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Barclays PLC lifted its stake in shares of NACCO Industries by 365.4% in the 3rd quarter. Barclays PLC now owns 7,004 shares of the company’s stock valued at $199,000 after acquiring an additional 5,499 shares during the last quarter. State Street Corp increased its stake in NACCO Industries by 1.0% in the 3rd quarter. State Street Corp now owns 78,276 shares of the company’s stock worth $2,219,000 after purchasing an additional 763 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in NACCO Industries by 77.8% in the third quarter. JPMorgan Chase & Co. now owns 8,263 shares of the company’s stock valued at $234,000 after purchasing an additional 3,615 shares during the last quarter. 49.10% of the stock is currently owned by institutional investors.

NACCO Industries Stock Up 0.3 %

Shares of NACCO Industries stock opened at $31.95 on Monday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.39 and a current ratio of 3.76. NACCO Industries, Inc. has a 52-week low of $25.19 and a 52-week high of $35.49. The company’s 50 day moving average price is $30.72 and its 200-day moving average price is $29.31. The stock has a market capitalization of $233.24 million, a price-to-earnings ratio of -13.77 and a beta of 0.97.

NACCO Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were issued a $0.2275 dividend. This represents a $0.91 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date was Monday, December 2nd. NACCO Industries’s dividend payout ratio (DPR) is presently -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.