BNP Paribas Arbitrage SA grew its stake in shares of Deltic Timber Corporation (NYSE:DEL) by 69.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,687 shares of the construction company’s stock after acquiring an additional 2,324 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Deltic Timber were worth $503,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Victory Capital Management Inc. increased its holdings in shares of Deltic Timber by 17.5% during the second quarter. Victory Capital Management Inc. now owns 2,224 shares of the construction company’s stock valued at $166,000 after acquiring an additional 332 shares in the last quarter. Northern Trust Corp increased its holdings in Deltic Timber by 4.1% in the 2nd quarter. Northern Trust Corp now owns 149,459 shares of the construction company’s stock worth $11,159,000 after buying an additional 5,892 shares in the last quarter. BlackRock Inc. increased its holdings in Deltic Timber by 0.4% in the 2nd quarter. BlackRock Inc. now owns 1,384,282 shares of the construction company’s stock worth $103,351,000 after buying an additional 5,955 shares in the last quarter. K2 Principal Fund L.P. increased its holdings in Deltic Timber by 1,379.3% in the 2nd quarter. K2 Principal Fund L.P. now owns 51,436 shares of the construction company’s stock worth $3,840,000 after buying an additional 47,959 shares in the last quarter. Finally, New York State Common Retirement Fund increased its holdings in Deltic Timber by 12.3% in the 2nd quarter. New York State Common Retirement Fund now owns 12,800 shares of the construction company’s stock worth $956,000 after buying an additional 1,399 shares in the last quarter. Hedge funds and other institutional investors own 85.55% of the company’s stock.

Several research firms recently commented on DEL. ValuEngine downgraded Deltic Timber from a “buy” rating to a “hold” rating in a report on Friday, December 1st. TheStreet downgraded Deltic Timber from a “b-” rating to a “c+” rating in a report on Monday, August 21st. Finally, BidaskClub downgraded Deltic Timber from a “sell” rating to a “strong sell” rating in a report on Thursday, August 24th. Two research 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’s stock. The stock presently has an average rating of “Hold” and an average target price of $50.13.

Shares of Deltic Timber Corporation (NYSE:DEL) opened at $89.74 on Friday. Deltic Timber Corporation has a twelve month low of $65.65 and a twelve month high of $96.65. The company has a market capitalization of $1,113.72, a PE ratio of 118.66 and a beta of 0.93. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.72 and a quick ratio of 1.18.

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

The company also recently announced a quarterly dividend, which will be paid on Monday, December 18th. Shareholders of record on Monday, December 4th will be given a $0.10 dividend. The ex-dividend date of this dividend is Friday, December 1st. This represents a $0.40 annualized dividend and a yield of 0.45%. Deltic Timber’s payout ratio is 51.95%.

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Deltic Timber Company 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 (NYSE:DEL)

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