Brandywine Global Investment Management LLC Has $275,000 Stake in NACCO Industries, Inc. (NC)

Brandywine Global Investment Management LLC lessened its stake in shares of NACCO Industries, Inc. (NYSE:NC) by 2.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,882 shares of the company’s stock after selling 88 shares during the period. Brandywine Global Investment Management LLC owned 0.06% of NACCO Industries worth $275,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of NC. Bowling Portfolio Management LLC raised its holdings in shares of NACCO Industries by 87.1% during the 2nd quarter. Bowling Portfolio Management LLC now owns 16,447 shares of the company’s stock worth $1,165,000 after acquiring an additional 7,658 shares during the period. Spark Investment Management LLC raised its holdings in NACCO Industries by 14.2% in the 2nd quarter. Spark Investment Management LLC now owns 18,500 shares of the company’s stock valued at $1,310,000 after buying an additional 2,300 shares during the period. IndexIQ Advisors LLC purchased a new stake in NACCO Industries in the 2nd quarter valued at about $481,000. JPMorgan Chase & Co. raised its holdings in NACCO Industries by 2.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 206,727 shares of the company’s stock valued at $14,647,000 after buying an additional 4,955 shares during the period. Finally, Wells Fargo & Company MN raised its holdings in NACCO Industries by 2.1% in the 2nd quarter. Wells Fargo & Company MN now owns 3,304 shares of the company’s stock valued at $234,000 after buying an additional 67 shares during the period. Institutional investors and hedge funds own 49.51% of the company’s stock.

Shares of NACCO Industries, Inc. (NYSE NC) opened at 35.15 on Wednesday. The company has a 50-day moving average of $20.72 and a 200 day moving average of $17.45. NACCO Industries, Inc. has a one year low of $14.20 and a one year high of $35.80. The stock has a market capitalization of $240.29 million, a price-to-earnings ratio of 6.78 and a beta of 0.67.

The firm also recently declared a dividend, which was paid on Monday, October 2nd. Shareholders of record on Monday, October 2nd were paid a $100.00 dividend. The ex-dividend date was Monday, October 2nd. NACCO Industries’s payout ratio is 40.15%.

Several analysts recently issued reports on NC shares. BidaskClub lowered shares of NACCO Industries from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. TheStreet lowered shares of NACCO Industries from a “b-” rating to a “c” rating in a report on Monday, July 31st.

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NACCO Industries Company Profile

NACCO Industries, Inc is a holding company. The Company’s principal businesses include mining, small appliances and specialty retail. The Company operates through three segments: NACoal, HBB and KC. The Company’s subsidiaries include The North American Coal Corporation (NACoal), Hamilton Beach Brands, Inc (HBB) and Kitchen Collection, LLC (KC).

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

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