Rhumbline Advisers reduced its stake in Deltic Timber Corporation (NYSE:DEL) by 0.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,655 shares of the construction company’s stock after selling 45 shares during the period. Rhumbline Advisers owned 0.19% of Deltic Timber Corporation worth $1,766,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in DEL. Teachers Advisors LLC increased its stake in Deltic Timber Corporation by 5.9% in the fourth quarter. Teachers Advisors LLC now owns 17,643 shares of the construction company’s stock valued at $1,360,000 after purchasing an additional 980 shares during the last quarter. Wells Fargo & Company MN increased its stake in Deltic Timber Corporation by 3.6% in the first quarter. Wells Fargo & Company MN now owns 93,199 shares of the construction company’s stock valued at $7,280,000 after purchasing an additional 3,243 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in Deltic Timber Corporation by 4.6% in the first quarter. Great West Life Assurance Co. Can now owns 15,005 shares of the construction company’s stock valued at $1,171,000 after purchasing an additional 664 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Deltic Timber Corporation by 16.4% in the first quarter. Bank of New York Mellon Corp now owns 139,821 shares of the construction company’s stock valued at $10,923,000 after purchasing an additional 19,748 shares during the last quarter. Finally, BNP Paribas Arbitrage SA increased its stake in Deltic Timber Corporation by 12.7% in the first quarter. BNP Paribas Arbitrage SA now owns 2,174 shares of the construction company’s stock valued at $170,000 after purchasing an additional 245 shares during the last quarter. Institutional investors own 80.45% of the company’s stock.

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Several equities analysts have commented on the stock. TheStreet lowered shares of Deltic Timber Corporation from a “b-” rating to a “c+” rating in a research note on Monday, August 21st. BidaskClub lowered shares of Deltic Timber Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. CIBC increased their price target on shares of Deltic Timber Corporation from $53.00 to $54.00 and gave the company an “outperform” rating in a research note on Wednesday, June 7th. BTIG Research reiterated a “buy” rating and issued a $57.00 price target (up from $52.00) on shares of Deltic Timber Corporation in a research note on Wednesday, July 26th. Finally, BMO Capital Markets reiterated an “underperform” rating and issued a $30.00 price target (up from $28.00) on shares of Deltic Timber Corporation in a research note on Friday, June 16th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $49.11.

Deltic Timber Corporation (NYSE DEL) opened at 82.46 on Monday. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of 119.51 and a beta of 0.88. Deltic Timber Corporation has a 12 month low of $53.21 and a 12 month high of $85.49. The stock’s 50 day moving average is $73.73 and its 200-day moving average is $74.14.

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 company had revenue of $55.35 million for the quarter. On average, equities research analysts expect that Deltic Timber Corporation will post $1.50 earnings per share for the current year.

Deltic Timber Corporation 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.

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

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