Bank of The Ozarks continued to hold its stake in Deltic Timber Corporation (NYSE:DEL) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 66,451 shares of the construction company’s stock at the end of the second quarter. Deltic Timber Corporation comprises about 1.8% of Bank of The Ozarks’ holdings, making the stock its 6th largest position. Bank of The Ozarks’ holdings in Deltic Timber Corporation were worth $4,961,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Schwab Charles Investment Management Inc. increased its stake in shares of Deltic Timber Corporation by 6.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 45,308 shares of the construction company’s stock valued at $3,383,000 after buying an additional 2,775 shares during the period. Texas Permanent School Fund increased its stake in shares of Deltic Timber Corporation by 1.1% in the second quarter. Texas Permanent School Fund now owns 7,739 shares of the construction company’s stock valued at $578,000 after buying an additional 81 shares during the period. Great West Life Assurance Co. Can increased its stake in shares of Deltic Timber Corporation by 4.7% in the second quarter. Great West Life Assurance Co. Can now owns 15,709 shares of the construction company’s stock valued at $1,173,000 after buying an additional 704 shares during the period. Municipal Employees Retirement System of Michigan increased its stake in shares of Deltic Timber Corporation by 4.2% in the second quarter. Municipal Employees Retirement System of Michigan now owns 2,500 shares of the construction company’s stock valued at $187,000 after buying an additional 100 shares during the period. Finally, Horrell Capital Management Inc. increased its stake in shares of Deltic Timber Corporation by 2.5% in the second quarter. Horrell Capital Management Inc. now owns 27,941 shares of the construction company’s stock valued at $2,086,000 after buying an additional 681 shares during the period. Hedge funds and other institutional investors own 80.80% of the company’s stock.

Deltic Timber Corporation (NYSE DEL) opened at 69.22 on Thursday. The stock has a market cap of $886.92 million, a P/E ratio of 100.32 and a beta of 0.89. Deltic Timber Corporation has a 12-month low of $53.21 and a 12-month high of $85.49. The stock has a 50 day moving average price of $73.04 and a 200-day moving average price of $74.64.

Deltic Timber Corporation (NYSE:DEL) last announced its earnings results on Wednesday, August 2nd. The construction company reported $0.22 earnings per share (EPS) for the quarter. Deltic Timber Corporation had a return on equity of 3.38% and a net margin of 3.82%. The business had revenue of $55.35 million for the quarter. On average, equities analysts expect that Deltic Timber Corporation will post $1.50 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 19th. Stockholders of record on Tuesday, September 5th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date is Thursday, August 31st. Deltic Timber Corporation’s payout ratio is 57.97%.

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Several equities research analysts have weighed in on the company. BidaskClub downgraded Deltic Timber Corporation from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. BTIG Research restated a “buy” rating and set a $57.00 price target (up previously from $52.00) on shares of Deltic Timber Corporation in a report on Wednesday, July 26th. CIBC upped their price target on Deltic Timber Corporation from $53.00 to $54.00 and gave the stock an “outperform” rating in a report on Wednesday, June 7th. Stephens upgraded Deltic Timber Corporation from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $49.00 to $60.00 in a report on Monday, July 17th. Finally, BMO Capital Markets restated an “underperform” rating and set a $30.00 price target (up previously from $28.00) on shares of Deltic Timber Corporation in a report on Friday, June 16th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company’s stock. Deltic Timber Corporation has an average rating of “Hold” and a consensus price target of $48.40.

About Deltic Timber Corporation

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.

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

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