Trade Report: Today, Mason Street Advisors LLC Invests $140,000 in Deltic Timber Corp. (DEL)

Today, Mason Street Advisors LLC Invests $140,000 in Deltic Timber Corp. (DEL)

Mason Street Advisors LLC bought a new stake in shares of Deltic Timber Corp. (NYSE:DEL) during the second quarter, Holdings Channel reports. The fund bought 2,089 shares of the company’s stock, valued at approximately $140,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. 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 valued at $105,000 after buying an additional 183 shares during the last quarter. Kernodle & Katon Asset Management Group LLC purchased a new stake in Deltic Timber Corp. during the second quarter valued at approximately $157,000. BNP Paribas Arbitrage SA boosted its stake in 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 last quarter. Capstone Asset Management Co. boosted its stake in 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 last quarter. Finally, Thrivent Financial for Lutherans boosted its stake in Deltic Timber Corp. by 5.9% in the second quarter. Thrivent Financial for Lutherans now owns 5,170 shares of the company’s stock valued at $347,000 after buying an additional 290 shares during the last quarter. Hedge funds and other institutional investors own 82.03% of the company’s stock.

Deltic Timber Corp. (NYSE:DEL) opened at 63.62 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 market capitalization of $772.92 million, a price-to-earnings ratio of 174.78 and a beta of 0.92. The firm has a 50-day moving average price of $68.74 and a 200-day moving average price of $66.26.

Deltic Timber Corp. (NYSE:DEL) last announced its quarterly earnings results on Wednesday, July 27th. The company reported $0.35 earnings per share (EPS) for the quarter. The business had revenue of $56.70 million for the quarter, compared to analyst estimates of $45.70 million. Deltic Timber Corp. had a return on equity of 1.82% and a net margin of 2.18%. Analysts expect that Deltic Timber Corp. will post $1.50 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Thursday, December 1st will be issued a $0.10 dividend. 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 0.63%. Deltic Timber Corp.’s dividend payout ratio is presently 108.11%.

Several research analysts have weighed in on the company. BTIG Research reaffirmed a “buy” rating and set a $52.00 price target on shares of Deltic Timber Corp. in a research report on Monday, October 10th. Barclays PLC reaffirmed an “equal weight” rating and set a $35.00 price target on shares of Deltic Timber Corp. in a research report on Thursday. Stifel Nicolaus reaffirmed a “hold” rating and set a $41.00 price target (up previously from $40.00) on shares of Deltic Timber Corp. in a research report on Saturday, October 8th. BMO Capital Markets reaffirmed a “market perform” rating and set a $37.00 price target on shares of Deltic Timber Corp. in a research report on Wednesday, October 12th. Finally, Credit Suisse Group AG reaffirmed a “neutral” rating and set a $42.00 price target on shares of Deltic Timber Corp. in a research report on Tuesday, August 16th. Eleven research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $42.27.

In related news, insider Byrom Walker sold 1,199 shares of Deltic Timber Corp. stock in a transaction on Tuesday, August 2nd. The stock was sold at an average price of $70.59, for a total transaction of $84,637.41. Following the sale, the insider now directly owns 3,294 shares in the company, valued at $232,523.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ray C. Dillon sold 11,119 shares of Deltic Timber Corp. stock in a transaction on Monday, August 1st. The stock was sold at an average price of $70.00, for a total value of $778,330.00. Following the sale, the insider now owns 99,208 shares in the company, valued at $6,944,560. The disclosure for this sale can be found here. 14.40% of the stock is owned by insiders.

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.

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