Nationwide Fund Advisors continued to hold its position in Deltic Timber Corporation (NYSE:DEL) during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 6,196 shares of the construction company’s stock at the close of the 2nd quarter. Nationwide Fund Advisors’ holdings in Deltic Timber Corporation were worth $463,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DEL. State of Alaska Department of Revenue raised its stake in Deltic Timber Corporation by 78.6% during the 2nd quarter. State of Alaska Department of Revenue now owns 2,090 shares of the construction company’s stock worth $156,000 after acquiring an additional 920 shares during the period. Victory Capital Management Inc. raised its stake in Deltic Timber Corporation by 17.5% during the 2nd quarter. Victory Capital Management Inc. now owns 2,224 shares of the construction company’s stock worth $166,000 after acquiring an additional 332 shares during the period. Municipal Employees Retirement System of Michigan raised its stake in Deltic Timber Corporation by 4.2% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 2,500 shares of the construction company’s stock worth $187,000 after acquiring an additional 100 shares during the period. BNP Paribas Arbitrage SA raised its stake in Deltic Timber Corporation by 54.7% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,363 shares of the construction company’s stock worth $251,000 after acquiring an additional 1,189 shares during the period. Finally, Foundry Partners LLC raised its stake in Deltic Timber Corporation by 34.8% during the 2nd quarter. Foundry Partners LLC now owns 4,840 shares of the construction company’s stock worth $361,000 after acquiring an additional 1,250 shares during the period. Institutional investors own 80.45% of the company’s stock.

Shares of Deltic Timber Corporation (DEL) opened at $94.10 on Friday. The stock has a market cap of $1,146.98, a P/E ratio of 122.21 and a beta of 0.94. The company has a current ratio of 1.72, a quick ratio of 1.18 and a debt-to-equity ratio of 0.94. Deltic Timber Corporation has a 1 year low of $58.26 and a 1 year high of $96.65.

Deltic Timber Corporation (NYSE:DEL) last released its quarterly earnings data on Monday, October 23rd. The construction company reported $0.20 earnings per share (EPS) for the quarter. The firm had revenue of $61.66 million for the quarter. Deltic Timber Corporation had a net margin of 4.13% and a return on equity of 3.74%. sell-side analysts expect that Deltic Timber Corporation will post 0.52 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 18th. Investors of record on Monday, December 4th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend is Friday, December 1st. Deltic Timber Corporation’s dividend payout ratio is presently 51.95%.

A number of equities research analysts have commented on DEL shares. TheStreet upgraded shares of Deltic Timber Corporation from a “c+” rating to a “b-” rating in a research note on Thursday, September 28th. ValuEngine upgraded shares of Deltic Timber Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. BTIG Research reiterated a “buy” rating and set a $57.00 price objective (up previously from $52.00) on shares of Deltic Timber Corporation in a research report on Wednesday, July 26th. Stephens upgraded shares of Deltic Timber Corporation from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from $49.00 to $60.00 in a research report on Monday, July 17th. Finally, BidaskClub cut shares of Deltic Timber Corporation from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $50.13.

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Deltic Timber Corporation Company 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.

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

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