Bancorpsouth Inc. held its stake in shares of Deltic Timber Corporation (NYSE:DEL) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 184,342 shares of the construction company’s stock at the end of the second quarter. Deltic Timber Corporation comprises approximately 1.4% of Bancorpsouth Inc.’s holdings, making the stock its 14th largest holding. Bancorpsouth Inc. owned approximately 1.44% of Deltic Timber Corporation worth $13,763,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. grew its stake in shares of Deltic Timber Corporation by 0.4% during the 2nd quarter. BlackRock Inc. now owns 1,384,282 shares of the construction company’s stock worth $103,351,000 after acquiring an additional 5,955 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Deltic Timber Corporation by 3.5% during the 2nd quarter. Vanguard Group Inc. now owns 1,008,220 shares of the construction company’s stock worth $75,274,000 after acquiring an additional 33,907 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Deltic Timber Corporation by 0.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 360,932 shares of the construction company’s stock worth $26,947,000 after acquiring an additional 2,000 shares in the last quarter. State Street Corp grew its stake in shares of Deltic Timber Corporation by 4.4% during the 1st quarter. State Street Corp now owns 257,348 shares of the construction company’s stock worth $20,100,000 after acquiring an additional 10,884 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of Deltic Timber Corporation by 4.1% during the 2nd quarter. Northern Trust Corp now owns 149,459 shares of the construction company’s stock worth $11,159,000 after acquiring an additional 5,892 shares in the last quarter. 80.45% of the stock is owned by institutional investors.

Deltic Timber Corporation (NYSE:DEL) last announced its quarterly earnings results on Wednesday, August 2nd. The construction company reported $0.22 earnings per share (EPS) for the quarter. Deltic Timber Corporation had a return on equity of 3.38% and a net margin of 3.82%. The business had revenue of $55.35 million during the quarter.

Several equities analysts have recently weighed in on DEL shares. BTIG Research reaffirmed a “buy” rating and set a $45.00 price target on shares of Deltic Timber Corporation in a research note on Tuesday, July 4th. TheStreet cut shares of Deltic Timber Corporation from a “b-” rating to a “c+” rating in a research note on Monday, August 21st. Stephens raised shares of Deltic Timber Corporation from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $49.00 to $60.00 in a research note on Monday, July 17th. Morgan Stanley raised their target price on shares of Deltic Timber Corporation from $48.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, July 6th. Finally, Barclays PLC reissued an “equal weight” rating and issued a $43.00 target price (up from $41.00) on shares of Deltic Timber Corporation in a research note on Sunday, May 28th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $49.11.

ILLEGAL ACTIVITY NOTICE: This story was first published by Daily Political and is owned by of Daily Political. If you are reading this story on another website, it was stolen and reposted in violation of US and international copyright and trademark legislation. The legal version of this story can be read at https://www.dailypolitical.com/2017/09/25/bancorpsouth-inc-maintains-stake-in-deltic-timber-corporation-del.html.

Deltic Timber Corporation Profile

Deltic Timber Corporation is a vertically integrated natural resources company. The Company is engaged in the growing and harvesting of timber and the manufacturing and marketing of lumber and medium density fiberboard (MDF). It operates through four segments: Woodlands, which manages all aspects of the Company’s timberlands; Manufacturing, which consists of its approximately two sawmills that manufacture a range of softwood lumber products and the Del-Tin Fiber plant that produces MDF; Real Estate, which includes the Company’s four real estate developments and a related country club operation, and Corporate.

Want to see what other hedge funds are holding DEL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deltic Timber Corporation (NYSE:DEL).

Institutional Ownership by Quarter for Deltic Timber Corporation (NYSE:DEL)

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