Prescott Group Capital Management L.L.C. Sells 7,849 Shares of NACCO Industries, Inc. (NYSE:NC)

Prescott Group Capital Management L.L.C. decreased its stake in shares of NACCO Industries, Inc. (NYSE:NC - Free Report) by 23.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 26,203 shares of the company's stock after selling 7,849 shares during the quarter. Prescott Group Capital Management L.L.C. owned about 0.36% of NACCO Industries worth $781,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Barclays PLC grew its position in 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 purchasing an additional 5,499 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of NACCO Industries by 77.8% during the third quarter. JPMorgan Chase & Co. now owns 8,263 shares of the company's stock valued at $234,000 after buying an additional 3,615 shares during the last quarter. Empowered Funds LLC increased its position in shares of NACCO Industries by 5.3% during the third quarter. Empowered Funds LLC now owns 34,728 shares of the company's stock worth $985,000 after acquiring an additional 1,742 shares in the last quarter. Finally, State Street Corp raised its holdings in shares of 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 acquiring an additional 763 shares during the last quarter. Institutional investors own 49.10% of the company's stock.

NACCO Industries Stock Up 0.1 %

NC stock traded up $0.04 during mid-day trading on Tuesday, reaching $32.37. 7,641 shares of the company traded hands, compared to its average volume of 14,936. The stock has a market cap of $236.20 million, a price-to-earnings ratio of -13.95 and a beta of 0.95. NACCO Industries, Inc. has a fifty-two week low of $25.19 and a fifty-two week high of $34.74. The firm's 50 day moving average price is $31.72 and its 200 day moving average price is $29.89. The company has a quick ratio of 2.39, a current ratio of 3.76 and a debt-to-equity ratio of 0.17.

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NACCO Industries (NYSE:NC - Get Free Report) last announced its earnings results on Wednesday, March 5th. The company reported $1.02 earnings per share (EPS) for the quarter. The company had revenue of $70.42 million for the quarter. NACCO Industries had a positive return on equity of 8.87% and a negative net margin of 7.94%.

NACCO Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a dividend of $0.2275 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date is Monday, March 3rd. NACCO Industries's payout ratio is currently 19.87%.

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.