Deltic Timber Corp (DEL) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its position in Deltic Timber Corp (NYSE:DEL) by 2.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 369,675 shares of the construction company’s stock after buying an additional 8,743 shares during the quarter. Dimensional Fund Advisors LP owned about 3.03% of Deltic Timber worth $32,690,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Northern Trust Corp lifted its holdings in shares of Deltic Timber by 4.1% in the second quarter. Northern Trust Corp now owns 149,459 shares of the construction company’s stock valued at $11,159,000 after buying an additional 5,892 shares during the period. Victory Capital Management Inc. lifted its holdings in shares of Deltic Timber by 17.5% in the second quarter. Victory Capital Management Inc. now owns 2,224 shares of the construction company’s stock valued at $166,000 after buying an additional 332 shares during the period. BlackRock Inc. lifted its holdings in shares of Deltic Timber by 0.4% in the second quarter. BlackRock Inc. now owns 1,384,282 shares of the construction company’s stock valued at $103,351,000 after buying an additional 5,955 shares during the period. K2 Principal Fund L.P. lifted its holdings in shares of Deltic Timber by 1,379.3% in the second quarter. K2 Principal Fund L.P. now owns 51,436 shares of the construction company’s stock valued at $3,840,000 after buying an additional 47,959 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in shares of Deltic Timber by 3.5% in the second quarter. Vanguard Group Inc. now owns 1,008,220 shares of the construction company’s stock valued at $75,274,000 after buying an additional 33,907 shares during the period. Institutional investors and hedge funds own 85.55% of the company’s stock.

Several analysts have recently weighed in on DEL shares. ValuEngine upgraded Deltic Timber from a “hold” rating to a “buy” rating in a report on Tuesday, September 26th. TheStreet upgraded Deltic Timber from a “c+” rating to a “b-” rating in a report on Thursday, September 28th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $50.13.

Shares of Deltic Timber Corp (DEL) opened at $92.33 on Tuesday. Deltic Timber Corp has a fifty-two week low of $65.65 and a fifty-two week high of $96.65. The company has a market capitalization of $1,130.00, a price-to-earnings ratio of 119.91 and a beta of 0.93. 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 (NYSE:DEL) last announced its earnings results on Monday, October 23rd. The construction company reported $0.20 EPS for the quarter. Deltic Timber had a return on equity of 3.74% and a net margin of 4.13%. The business had revenue of $61.66 million during the quarter. sell-side analysts anticipate that Deltic Timber Corp will post 0.52 EPS for the current year.

In other news, VP David V. Meghreblian sold 16,057 shares of the company’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $90.94, for a total transaction of $1,460,223.58. Following the completion of the sale, the vice president now directly owns 27,424 shares of the company’s stock, valued at $2,493,938.56. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Byrom Walker sold 5,500 shares of the company’s stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $90.94, for a total value of $500,170.00. Following the sale, the chief financial officer now directly owns 10,979 shares of the company’s stock, valued at $998,430.26. The disclosure for this sale can be found here. Corporate insiders own 12.10% of the company’s stock.

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About Deltic Timber

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 (NYSE:DEL)

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