NL Industries Inc (NYSE:NL) has received a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.
Zacks has also assigned NL Industries an industry rank of 209 out of 255 based on the ratings given to related companies.
Separately, TheStreet lowered NL Industries from a “c” rating to a “d+” rating in a research report on Monday, April 1st.
Several institutional investors have recently made changes to their positions in NL. Cutler Group LP increased its holdings in NL Industries by 13.6% in the 4th 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. Geode Capital Management LLC increased its holdings in NL Industries by 5.4% in the 4th 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. increased its holdings in NL Industries by 1.6% in the 4th 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. Rhumbline Advisers purchased a new stake in NL Industries in the 4th quarter worth about $42,000. Finally, Ramsey Quantitative Systems increased its holdings in NL Industries by 45.6% in the 4th 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. 8.94% of the stock is owned by hedge funds and other institutional investors.
Shares of NL Industries stock opened at $3.90 on Friday. NL Industries has a 1 year low of $2.94 and a 1 year high of $10.00. The firm has a market cap of $190.04 million, a PE ratio of 22.94 and a beta of 2.81.
NL Industries Company Profile
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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