Nippon Life Insurance Company Raised By $2.62 Million Its Bank Amer (BAC) Holding; Deltic Timber (DEL) Sentiment Is 1.59

July 17, 2017 - By Hazel Jackson

Deltic Timber Corporation is a vertically integrated natural resources company. The company has market cap of $904.95 million. The Firm is engaged in the growing and harvesting of timber and the manufacturing and marketing of lumber and medium density fiberboard . It has a 91.1 P/E ratio. It operates through four divisions: 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.

Nippon Life Insurance Company increased Bank Amer Corp (BAC) stake by 31.89% reported in 2016Q4 SEC filing. Nippon Life Insurance Company acquired 119,118 shares as Bank Amer Corp (BAC)’s stock declined 6.00%. The Nippon Life Insurance Company holds 492,693 shares with $10.89 million value, up from 373,575 last quarter. Bank Amer Corp now has $236.92B valuation. The stock decreased 1.69% or $0.42 during the last trading session, reaching $24.21. About 6,441 shares traded. Bank of America Corp (NYSE:BAC) has risen 58.64% since July 17, 2016 and is uptrending. It has outperformed by 41.94% the S&P500.

The stock increased 0.28% or $0.21 on July 14, reaching $74.06. About shares traded. Deltic Timber Corp (DEL) has risen 12.75% since July 17, 2016 and is uptrending. It has underperformed by 3.95% the S&P500.

Bank Of The Ozarks holds 1.67% of its portfolio in Deltic Timber Corp for 66,451 shares. Bancorpsouth Inc owns 184,342 shares or 1.57% of their US portfolio. Moreover, Signature Financial Management Inc. has 1.47% invested in the company for 50,702 shares. The Tennessee-based Southeastern Asset Management Inc Tn has invested 1.36% in the stock. Horrell Capital Management Inc., a Arkansas-based fund reported 27,160 shares.

Investors sentiment increased to 1.1 in 2016 Q4. Its up 0.09, from 1.01 in 2016Q3. It is positive, as 62 investors sold BAC shares while 560 reduced holdings. 207 funds opened positions while 479 raised stakes. 6.48 billion shares or 6.26% more from 6.10 billion shares in 2016Q3 were reported. Bragg Fincl Advsrs has 0.14% invested in Bank of America Corp (NYSE:BAC) for 37,291 shares. Motco holds 0.01% of its portfolio in Bank of America Corp (NYSE:BAC) for 6,030 shares. Destination Wealth Mgmt holds 0.04% or 27,239 shares. Jpmorgan Chase & accumulated 176.00 million shares. American Bancshares has 103 shares. Credit Agricole S A has invested 0.36% in Bank of America Corp (NYSE:BAC). Boltwood Management stated it has 9,262 shares or 0.16% of all its holdings. Architects invested in 80,856 shares or 0.42% of the stock. Huntington Financial Bank holds 0.06% or 137,571 shares. Keybank National Association Oh stated it has 465,839 shares. Meiji Yasuda Life Insur invested in 229,119 shares. Wright Service Inc reported 57,510 shares stake. E&G Advsrs Limited Partnership accumulated 65,935 shares. 73,680 were reported by Mufg Americas. 9,352 are held by Ancora Advisors Ltd Liability Corporation.

Nippon Life Insurance Company decreased 3M Co (NYSE:MMM) stake by 4,227 shares to 22,749 valued at $4.06M in 2016Q4. It also reduced Corning Inc (NYSE:GLW) stake by 43,128 shares and now owns 64,488 shares. Nike Inc (NYSE:NKE) was reduced too.

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