NN, Inc. (NASDAQ:NNBR) is expected to pay $0.07 on Dec 16, 2016. The indicated annual dividend is $0.28. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on NN, Inc.’s current price of $17.50, the dividend is 0.40%. This dividend’s record date is Dec 2, 2016 and the announcement date is Nov 21, 2016. The stock decreased 2.23% or $0.4 during the last trading session, hitting $17.5. NN, Inc. (NASDAQ:NNBR) has risen 8.23% since April 26, 2016 and is uptrending. It has outperformed by 2.97% the S&P500.
NN, Inc. is a diversified industrial company. The company has a market cap of $482.08 million. The Firm operates through three divisions: the Precision Bearing Components Group, the Precision Engineered Products Group and the Autocam Precision Components Group. It currently has negative earnings. Within its Precision Bearing Components Group, the Company makes and supplies high precision bearing components, consisting of balls, cylindrical rollers, tapered rollers, spherical rollers and metal retainers for bearing and constant velocity-joint manufacturers.
Insitutional Activity: The institutional sentiment increased to 1.44 in 2016 Q2. Its up 0.33, from 1.11 in 2016Q1. The ratio increased, as 13 funds sold all NN, Inc. shares owned while 34 reduced positions. 18 funds bought stakes while 34 increased positions. They now own 25.24 million shares or 0.97% less from 25.49 million shares in 2016Q1.
Prudential Fincl has invested 0% of its portfolio in NN, Inc. (NASDAQ:NNBR). The Minnesota-based Ameriprise Financial Incorporated has invested 0% in NN, Inc. (NASDAQ:NNBR). Suntrust Banks has 0% invested in the company for 20,100 shares. Jacobs Levy Equity Mngmt holds 0.01% or 18,800 shares in its portfolio. Cornerstone Cap Hldg Limited Com accumulated 0% or 4,900 shares. Legal & General Grp Inc Pcl accumulated 4,652 shares or 0% of the stock. Systematic Finance Mngmt L P reported 86,602 shares or 0.02% of all its holdings. Voya Lc last reported 0% of its portfolio in the stock. Teachers Advisors Inc last reported 41,607 shares in the company. First Manhattan Co accumulated 209,950 shares or 0.02% of the stock. Rbf Cap Ltd Llc holds 10,000 shares or 0.03% of its portfolio. Royal State Bank Of Canada holds 0.02% or 2.30M shares in its portfolio. Moreover, Glenmede Trust Com Na has 0% invested in NN, Inc. (NASDAQ:NNBR) for 2,500 shares. Putnam Lc last reported 0% of its portfolio in the stock. Bnp Paribas Arbitrage Sa last reported 1,020 shares in the company.
Insider Transactions: Since June 7, 2016, the stock had 2 insider buys, and 1 insider sale for $8,229 net activity. The insider MANZAGOL L JEFFREY bought $14,550. Shares for $47,550 were sold by WARSHAW STEVEN T on Tuesday, June 7. Floyd David also bought $24,771 worth of NN, Inc. (NASDAQ:NNBR) shares.
NN, Inc. (NASDAQ:NNBR) Ratings Coverage
Out of 5 analysts covering NN Inc (NASDAQ:NNBR), 2 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 40% are positive. NN Inc has been the topic of 6 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Zacks upgraded NN, Inc. (NASDAQ:NNBR) on Friday, August 28 to “Sell” rating. The company was maintained on Friday, March 11 by Avondale. William Blair initiated NN, Inc. (NASDAQ:NNBR) on Thursday, September 3 with “Mkt Perform” rating. The firm has “Overweight” rating given on Friday, July 24 by Stephens. The rating was downgraded by Stifel Nicolaus to “Hold” on Monday, October 26. Stifel Nicolaus initiated NN, Inc. (NASDAQ:NNBR) on Tuesday, August 18 with “Buy” rating.
More important recent NN, Inc. (NASDAQ:NNBR) news were published by: Prnewswire.com which released: “NN, Inc. Names Thomas C. Burwell, Jr. Chief Financial Officer” on November 16, 2016, also Prnewswire.com published article titled: “NN, Inc. Appoints David K. Floyd To Board of Directors”, Prnewswire.com published: “NN, Inc. Files Annual Report On Form 10-K For 2015” on March 15, 2016. More interesting news about NN, Inc. (NASDAQ:NNBR) was released by: Streetinsider.com and their article: “NN, Inc. (NNBR) Misses Q3 EPS by 7c” with publication date: November 02, 2016.
NNBR Company Profile
NN, Inc., incorporated on October 12, 1993, is a diversified industrial firm and a maker of high precision bearing components, industrial plastic products and precision metal components to a range of markets on a global basis. The Firm operates through three divisions: the Precision Bearing Components Group, the Precision Engineered Products Group and the Autocam Precision Components Group.
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