Foundry Partners LLC trimmed its position in Deltic Timber Corporation (NYSE:DEL) by 18.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,965 shares of the construction company’s stock after selling 875 shares during the quarter. Foundry Partners LLC’s holdings in Deltic Timber Corporation were worth $351,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Parametric Portfolio Associates LLC grew its stake in Deltic Timber Corporation by 11.5% during the 1st quarter. Parametric Portfolio Associates LLC now owns 7,203 shares of the construction company’s stock worth $563,000 after buying an additional 744 shares during the last quarter. Principal Financial Group Inc. grew its stake in Deltic Timber Corporation by 3.6% during the 1st quarter. Principal Financial Group Inc. now owns 80,389 shares of the construction company’s stock worth $6,280,000 after buying an additional 2,806 shares during the last quarter. Legal & General Group Plc grew its stake in Deltic Timber Corporation by 4.9% during the 1st quarter. Legal & General Group Plc now owns 18,961 shares of the construction company’s stock worth $1,479,000 after buying an additional 882 shares during the last quarter. Thrivent Financial For Lutherans grew its stake in Deltic Timber Corporation by 4.2% during the 1st quarter. Thrivent Financial For Lutherans now owns 5,960 shares of the construction company’s stock worth $466,000 after buying an additional 240 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in Deltic Timber Corporation by 5.2% during the 1st quarter. Vanguard Group Inc. now owns 974,313 shares of the construction company’s stock worth $76,113,000 after buying an additional 47,795 shares during the last quarter. Institutional investors and hedge funds own 80.09% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Deltic Timber Corporation (DEL) Shares Sold by Foundry Partners LLC” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another domain, it was stolen and republished in violation of international copyright and trademark legislation. The legal version of this story can be viewed at https://www.thecerbatgem.com/2017/11/08/deltic-timber-corporation-del-shares-sold-by-foundry-partners-llc.html.

Shares of Deltic Timber Corporation (DEL) opened at $93.74 on Wednesday. The company has a quick ratio of 1.18, a current ratio of 1.72 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $1,133.71, a price-to-earnings ratio of 120.79 and a beta of 0.94. Deltic Timber Corporation has a twelve month low of $58.50 and a twelve month high of $96.65.

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

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Stockholders of record on Monday, December 4th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, December 1st. This represents a $0.40 annualized dividend and a dividend yield of 0.43%. Deltic Timber Corporation’s dividend payout ratio (DPR) is 51.95%.

A number of brokerages recently commented on DEL. ValuEngine downgraded Deltic Timber Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. TheStreet upgraded Deltic Timber Corporation from a “c+” rating to a “b-” rating in a research note on Thursday, September 28th. BidaskClub downgraded Deltic Timber Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 24th. BTIG Research restated a “buy” rating and set a $57.00 price objective (up from $52.00) on shares of Deltic Timber Corporation in a research note on Wednesday, July 26th. Finally, Stephens upgraded Deltic Timber Corporation from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $49.00 to $60.00 in a research note on Monday, July 17th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $50.13.

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.

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

Receive News & Stock 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 stocks with our FREE daily email newsletter.