687 Shares in NACCO Industries, Inc. (NYSE:NC) Bought by KBC Group NV

KBC Group NV acquired a new position in NACCO Industries, Inc. (NYSE:NC) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 687 shares of the company’s stock, valued at approximately $36,000.

Other hedge funds have also modified their holdings of the company. FMR LLC increased its stake in NACCO Industries by 8.6% in the first quarter. FMR LLC now owns 370,536 shares of the company’s stock valued at $14,162,000 after acquiring an additional 29,200 shares during the last quarter. TAP Consulting LLC bought a new position in NACCO Industries in the first quarter valued at $523,000. LSV Asset Management increased its stake in NACCO Industries by 13.7% in the first quarter. LSV Asset Management now owns 85,643 shares of the company’s stock valued at $3,273,000 after acquiring an additional 10,348 shares during the last quarter. Marshall Wace LLP increased its stake in NACCO Industries by 386.3% in the first quarter. Marshall Wace LLP now owns 4,649 shares of the company’s stock valued at $178,000 after acquiring an additional 3,693 shares during the last quarter. Finally, BlackRock Inc. increased its stake in NACCO Industries by 0.9% in the fourth quarter. BlackRock Inc. now owns 280,861 shares of the company’s stock valued at $9,520,000 after acquiring an additional 2,511 shares during the last quarter. Institutional investors own 39.57% of the company’s stock.

Separately, TheStreet raised NACCO Industries from a “c+” rating to a “b” rating in a research note on Thursday, May 2nd.



Shares of NYSE:NC traded up $0.67 on Tuesday, reaching $51.33. 3,514 shares of the company traded hands, compared to its average volume of 16,629. The business has a 50-day simple moving average of $51.79. NACCO Industries, Inc. has a 52 week low of $28.77 and a 52 week high of $54.49. The stock has a market capitalization of $346.58 million, a PE ratio of 8.01 and a beta of 0.17. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.30 and a quick ratio of 2.72.

NACCO Industries Company Profile

NACCO Industries, Inc, together with its subsidiaries, operates surface mines that supply bituminous coal and lignite primarily to power generation companies. The company mines coal in North Dakota, Texas, Mississippi, Louisiana, and on the Navajo Nation in New Mexico. It provides value-added services, including maintaining and operating draglines and other equipment under contracts with the sellers of aggregates; coal handling, processing, and drying services; and surface and mineral acquisition, and lease maintenance services.

Further Reading: Options Trading – Understanding Strike Price

Want to see what other hedge funds are holding NC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NACCO Industries, Inc. (NYSE:NC).

Institutional Ownership by Quarter for NACCO Industries (NYSE:NC)

Receive News & Ratings for NACCO Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NACCO Industries and related companies with MarketBeat.com's FREE daily email newsletter.