Prudential Financial Inc. trimmed its holdings in shares of Deltic Timber Corporation (NYSE:DEL) by 0.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 18,323 shares of the construction company’s stock after selling 120 shares during the period. Prudential Financial Inc. owned approximately 0.14% of Deltic Timber Corporation worth $1,368,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of DEL. Wells Fargo & Company MN boosted its position in shares of Deltic Timber Corporation by 3.6% during the 1st quarter. Wells Fargo & Company MN now owns 93,199 shares of the construction company’s stock valued at $7,280,000 after acquiring an additional 3,243 shares in 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 acquiring an additional 664 shares during the period. 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 acquiring an additional 19,748 shares during the period. BNP Paribas Arbitrage SA raised its position 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 worth $170,000 after purchasing an additional 245 shares in the last quarter. Finally, Comerica Bank raised its position in Deltic Timber Corporation by 3.7% in the first quarter. Comerica Bank now owns 11,682 shares of the construction company’s stock worth $930,000 after purchasing an additional 422 shares in the last quarter. Institutional investors and hedge funds own 80.45% of the company’s stock.

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DEL has been the subject of a number of analyst reports. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $54.00 price target (up previously from $53.00) on shares of Deltic Timber Corporation in a research note on Wednesday, June 7th. TheStreet upgraded Deltic Timber Corporation from a “c+” rating to a “b-” rating in a research note on Thursday, September 28th. BidaskClub lowered Deltic Timber Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Morgan Stanley upped their price objective on Deltic Timber Corporation from $48.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, July 6th. Finally, ValuEngine raised Deltic Timber Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, September 26th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $49.11.

Deltic Timber Corporation (DEL) opened at 91.03 on Tuesday. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 131.93 and a beta of 0.88. The firm has a 50-day moving average of $78.56 and a 200-day moving average of $74.94. Deltic Timber Corporation has a 52-week low of $53.21 and a 52-week high of $91.05.

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

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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