Deltic Timber Corp. (NYSE:DEL) Director Robert Calvert Nolan purchased 2,836 shares of Deltic Timber Corp. stock in a transaction dated Wednesday, November 2nd. The shares were purchased at an average cost of $56.44 per share, with a total value of $160,063.84. Following the acquisition, the director now owns 85,461 shares of the company’s stock, valued at approximately $4,823,418.84. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

  • On Tuesday, November 1st, Robert Calvert Nolan purchased 1,120 shares of Deltic Timber Corp. stock. The shares were purchased at an average cost of $55.53 per share, with a total value of $62,193.60.
  • On Monday, November 7th, Robert Calvert Nolan purchased 5,000 shares of Deltic Timber Corp. stock. The shares were purchased at an average cost of $56.80 per share, with a total value of $284,000.00.

Deltic Timber Corp. (NYSE:DEL) opened at 67.05 on Monday. Deltic Timber Corp. has a one year low of $50.84 and a one year high of $72.74. The firm has a 50 day moving average of $62.83 and a 200 day moving average of $66.03. The firm has a market capitalization of $815.13 million, a PE ratio of 137.96 and a beta of 0.93.

Deltic Timber Corp. (NYSE:DEL) last issued its earnings results on Wednesday, October 26th. The company reported $0.12 EPS for the quarter. Deltic Timber Corp. had a net margin of 2.84% and a return on equity of 2.44%. The company had revenue of $53.50 million for the quarter, compared to the consensus estimate of $50.15 million. Equities analysts forecast that Deltic Timber Corp. will post $1.50 EPS for the current year.

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

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

Several research firms recently weighed in on DEL. Credit Suisse Group AG reaffirmed a “neutral” rating and issued a $42.00 price objective on shares of Deltic Timber Corp. in a report on Tuesday, August 16th. Stephens began coverage on shares of Deltic Timber Corp. in a report on Tuesday, November 1st. They issued an “equal weight” rating and a $49.00 price objective for the company. Barclays PLC reaffirmed an “equal weight” rating and issued a $35.00 price objective on shares of Deltic Timber Corp. in a report on Thursday, October 13th. BTIG Research reaffirmed a “buy” rating and issued a $52.00 price objective on shares of Deltic Timber Corp. in a report on Monday, October 10th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $41.00 price objective (up previously from $40.00) on shares of Deltic Timber Corp. in a report on Saturday, October 8th. Twelve research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $42.25.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Prudential Financial Inc. increased its position in shares of Deltic Timber Corp. by 8.5% in the first quarter. Prudential Financial Inc. now owns 27,933 shares of the company’s stock valued at $1,680,000 after buying an additional 2,200 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Deltic Timber Corp. by 26.6% in the first quarter. Goldman Sachs Group Inc. now owns 14,198 shares of the company’s stock valued at $854,000 after buying an additional 2,981 shares during the period. Wellington Management Group LLP increased its position in shares of Deltic Timber Corp. by 5.7% in the first quarter. Wellington Management Group LLP now owns 1,427,032 shares of the company’s stock valued at $85,837,000 after buying an additional 77,011 shares during the period. BNP Paribas Arbitrage SA increased its position in shares of Deltic Timber Corp. by 121.1% in the second quarter. BNP Paribas Arbitrage SA now owns 3,336 shares of the company’s stock valued at $224,000 after buying an additional 1,827 shares during the period. Finally, Capstone Asset Management Co. increased its position in shares of Deltic Timber Corp. by 14.7% in the second quarter. Capstone Asset Management Co. now owns 4,993 shares of the company’s stock valued at $335,000 after buying an additional 640 shares during the period. Institutional investors and hedge funds own 79.75% of the company’s stock.

About Deltic Timber Corp.

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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