Shares of NL Industries Inc (NYSE:NL) have been given an average broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.

Zacks has also given NL Industries an industry rank of 220 out of 255 based on the ratings given to its competitors.

Separately, TheStreet downgraded NL Industries from a “c” rating to a “d+” rating in a research report on Monday, April 1st.

A number of hedge funds have recently bought and sold shares of the stock. Ramsey Quantitative Systems grew its holdings in NL Industries by 45.6% during the fourth quarter. Ramsey Quantitative Systems now owns 45,737 shares of the basic materials company’s stock worth $161,000 after acquiring an additional 14,319 shares during the period. Bank of New York Mellon Corp grew its holdings in NL Industries by 9.8% during the third quarter. Bank of New York Mellon Corp now owns 163,704 shares of the basic materials company’s stock worth $982,000 after acquiring an additional 14,642 shares during the period. Cutler Group LP grew its holdings in NL Industries by 13.6% during the fourth quarter. Cutler Group LP now owns 23,507 shares of the basic materials company’s stock worth $82,000 after acquiring an additional 2,818 shares during the period. Rhumbline Advisers acquired a new position in NL Industries during the fourth quarter worth $42,000. Finally, Geode Capital Management LLC grew its holdings in NL Industries by 5.4% during the fourth quarter. Geode Capital Management LLC now owns 56,700 shares of the basic materials company’s stock worth $199,000 after acquiring an additional 2,892 shares during the period. Hedge funds and other institutional investors own 8.94% of the company’s stock.

Shares of NYSE:NL traded up $0.07 during midday trading on Friday, reaching $3.88. 16,714 shares of the company’s stock were exchanged, compared to its average volume of 21,415. The company has a market capitalization of $193.45 million, a price-to-earnings ratio of 23.35 and a beta of 2.81. NL Industries has a fifty-two week low of $2.94 and a fifty-two week high of $10.00.

About NL Industries

NL Industries, Inc, through its subsidiary CompX International Inc, operates in the component products industry in the United States and internationally. The company manufactures and sells mechanical and electronic cabinet locks, and other locking mechanisms, including disc tumbler locks, pin tumbler locking mechanisms, and CompX eLock and StealthLock electronic locks for use in various applications, such as ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, vending and cash containment machines, medical cabinetry, electronic circuit panels, storage compartments, and gas station security.

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