NL Industries, Inc. (NL) Shares Bought by Teachers Advisors LLC

Teachers Advisors LLC grew its position in shares of NL Industries, Inc. (NYSE:NL) by 15.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,947 shares of the basic materials company’s stock after buying an additional 2,435 shares during the quarter. Teachers Advisors LLC’s holdings in NL Industries were worth $127,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of NL. Renaissance Technologies LLC grew its stake in NL Industries by 30.0% during the first quarter. Renaissance Technologies LLC now owns 220,404 shares of the basic materials company’s stock worth $1,422,000 after buying an additional 50,804 shares during the last quarter. Acadian Asset Management LLC bought a new stake in NL Industries during the second quarter worth about $296,000. Strs Ohio grew its stake in NL Industries by 547.3% during the second quarter. Strs Ohio now owns 47,900 shares of the basic materials company’s stock worth $337,000 after buying an additional 40,500 shares during the last quarter. Chicago Equity Partners LLC grew its stake in NL Industries by 168.7% during the second quarter. Chicago Equity Partners LLC now owns 42,915 shares of the basic materials company’s stock worth $303,000 after buying an additional 26,945 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its stake in NL Industries by 92.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 52,481 shares of the basic materials company’s stock worth $370,000 after buying an additional 25,209 shares during the last quarter. 9.11% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have recently issued reports on NL. Barclays PLC reiterated an “underweight” rating and set a $14.00 target price (up from $7.00) on shares of NL Industries in a research report on Wednesday, November 15th. BidaskClub lowered shares of NL Industries from a “sell” rating to a “strong sell” rating in a research report on Friday, July 28th.

NL Industries, Inc. (NYSE:NL) opened at $13.85 on Friday. NL Industries, Inc. has a 12-month low of $5.25 and a 12-month high of $14.50. The stock has a market cap of $674.70, a P/E ratio of 8.77 and a beta of 2.81.

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About NL Industries

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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Institutional Ownership by Quarter for NL Industries (NYSE:NL)

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