Shares of NL Industries Inc (NYSE:NL) have been assigned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Zacks has also assigned NL Industries an industry rank of 183 out of 255 based on the ratings given to its competitors.
Get NL Industries alerts:Shares of NYSE NL opened at $4.36 on Tuesday. NL Industries has a 52-week low of $2.94 and a 52-week high of $10.00. The stock has a market capitalization of $216.35 million, a PE ratio of 13.06 and a beta of 2.76.
In other news, Director Thomas P. Stafford sold 19,000 shares of NL Industries stock in a transaction dated Monday, December 31st. The shares were sold at an average price of $3.62, for a total value of $68,780.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.11% of the stock is owned by company insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC boosted its position 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 last quarter. BlackRock Inc. boosted its position in NL Industries by 1.6% during the fourth quarter. BlackRock Inc. now owns 538,057 shares of the basic materials company’s stock worth $1,888,000 after acquiring an additional 8,527 shares during the last quarter. Ramsey Quantitative Systems boosted its position 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 last quarter. Cutler Group LP boosted its position 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 last quarter. Finally, Rhumbline Advisers acquired a new position in NL Industries during the fourth quarter worth about $42,000. Hedge funds and other institutional investors own 9.18% of the company’s stock.
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 gaming machines, high security medical cabinetry, electronic circuit panels, storage compartments, and gas station security.
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