Deltic Timber Corp. (NYSE:DEL) Director Robert Calvert Nolan acquired 5,000 shares of Deltic Timber Corp. stock in a transaction on Monday, November 7th. The shares were bought at an average cost of $56.80 per share, with a total value of $284,000.00. Following the completion of the purchase, the director now owns 85,461 shares in the company, valued at $4,854,184.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Robert Calvert Nolan also recently made the following trade(s):

  • On Wednesday, November 2nd, Robert Calvert Nolan acquired 2,836 shares of Deltic Timber Corp. stock. The shares were bought at an average cost of $56.44 per share, with a total value of $160,063.84.
  • On Tuesday, November 1st, Robert Calvert Nolan acquired 1,120 shares of Deltic Timber Corp. stock. The shares were bought at an average cost of $55.53 per share, with a total value of $62,193.60.

Shares of Deltic Timber Corp. (NYSE:DEL) opened at 67.05 on Monday. The stock has a market cap of $815.13 million, a price-to-earnings ratio of 137.96 and a beta of 0.93. The company has a 50-day moving average price of $62.83 and a 200-day moving average price of $66.03. Deltic Timber Corp. has a 1-year low of $50.84 and a 1-year high of $72.74.

Deltic Timber Corp. (NYSE:DEL) last released its quarterly earnings results on Wednesday, October 26th. The company reported $0.12 earnings per share for the quarter. The company had revenue of $53.50 million for the quarter, compared to analysts’ expectations of $50.15 million. Deltic Timber Corp. had a return on equity of 2.44% and a net margin of 2.84%. On average, equities analysts expect that Deltic Timber Corp. will post $1.50 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Deltic Timber Corp. (NYSE:DEL)

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Thursday, December 1st will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, November 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.60%. Deltic Timber Corp.’s dividend payout ratio (DPR) is presently 81.63%.

Several equities analysts have issued reports on the company. Credit Suisse Group AG reiterated a “neutral” rating and set a $42.00 target price on shares of Deltic Timber Corp. in a research report on Tuesday, August 16th. Oppenheimer Holdings Inc. reiterated an “outperform” rating and set a $48.00 target price (down previously from $49.00) on shares of Deltic Timber Corp. in a research report on Friday, October 14th. Barclays PLC reiterated an “equal weight” rating and set a $35.00 target price on shares of Deltic Timber Corp. in a research report on Thursday, October 13th. Stephens assumed coverage on Deltic Timber Corp. in a research report on Tuesday, November 1st. They set an “equal weight” rating and a $49.00 target price on the stock. Finally, BTIG Research reiterated a “buy” rating and set a $52.00 target price on shares of Deltic Timber Corp. in a research report on Monday, October 10th. Twelve investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Deltic Timber Corp. presently has an average rating of “Hold” and a consensus price target of $42.25.

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Deltic Timber Corp. by 1.2% in the second quarter. Vanguard Group Inc. now owns 892,460 shares of the company’s stock worth $59,911,000 after buying an additional 10,675 shares during the period. Principal Financial Group Inc. boosted its stake in Deltic Timber Corp. by 2.7% in the second quarter. Principal Financial Group Inc. now owns 75,194 shares of the company’s stock worth $5,048,000 after buying an additional 1,975 shares during the period. Brown Advisory Inc. boosted its stake in Deltic Timber Corp. by 4.6% in the second quarter. Brown Advisory Inc. now owns 498,928 shares of the company’s stock worth $33,493,000 after buying an additional 21,976 shares during the period. Dimensional Fund Advisors LP boosted its stake in Deltic Timber Corp. by 1.5% in the second quarter. Dimensional Fund Advisors LP now owns 336,274 shares of the company’s stock worth $22,573,000 after buying an additional 5,033 shares during the period. Finally, Teacher Retirement System of Texas boosted its stake in Deltic Timber Corp. by 13.2% in the second quarter. Teacher Retirement System of Texas now owns 1,568 shares of the company’s stock worth $105,000 after buying an additional 183 shares during the period. 79.75% of the stock is currently owned by institutional investors.

Deltic Timber Corp. 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 its timberlands, including harvesting and sale of timber, timberland sales and acquisitions, oil and gas revenues, timberland management and leasing of hunting land; 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 approximately four real estate developments and a related country club operation, and Corporate, which consists of executive management and the staff functions.

5 Day Chart for NYSE:DEL

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