Dimensional Fund Advisors LP boosted its position in NL Industries, Inc. (NYSE:NL) by 0.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,471,897 shares of the basic materials company’s stock after buying an additional 10,410 shares during the period. Dimensional Fund Advisors LP owned 3.02% of NL Industries worth $9,494,000 as of its most recent SEC filing.
Separately, Bank of New York Mellon Corp increased its stake in NL Industries by 15.1% in the first quarter. Bank of New York Mellon Corp now owns 43,934 shares of the basic materials company’s stock worth $284,000 after buying an additional 5,756 shares in the last quarter. 6.63% of the stock is owned by institutional investors.
NL Industries, Inc. (NL) traded up 0.68% during trading on Monday, hitting $7.40. The stock had a trading volume of 9,118 shares. The company has a market cap of $360.48 million, a price-to-earnings ratio of 5.44 and a beta of 2.68. The company has a 50-day moving average price of $7.45 and a 200-day moving average price of $7.23. NL Industries, Inc. has a 52-week low of $3.05 and a 52-week high of $10.90.
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Separately, BidaskClub downgraded NL Industries from a “sell” rating to a “strong sell” rating in a research report on Friday, July 28th.
NL Industries Company Profile
NL Industries, Inc is a holding company. The Company operates in the component products industry through its subsidiary, CompX International Inc (CompX). The Company operates in the chemicals industry through its non-controlling interest in Kronos Worldwide, Inc (Kronos). The Company, through Compx, manufactures engineered components that are sold to a range of industries, including recreational transportation (including boats), postal, office and institutional furniture, cabinetry, tool storage, healthcare, gas stations and vending equipment.
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