21,212 Shares in Napco Security Technologies, Inc. (NASDAQ:NSSC) Acquired by Capital Fund Management S.A.

Capital Fund Management S.A. acquired a new stake in Napco Security Technologies, Inc. (NASDAQ:NSSC - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 21,212 shares of the industrial products company's stock, valued at approximately $754,000. Capital Fund Management S.A. owned 0.06% of Napco Security Technologies at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of NSSC. Corient Private Wealth LLC grew its holdings in Napco Security Technologies by 102.4% during the fourth quarter. Corient Private Wealth LLC now owns 18,104 shares of the industrial products company's stock worth $644,000 after purchasing an additional 768,629 shares during the period. Wellington Management Group LLP bought a new position in shares of Napco Security Technologies during the 4th quarter worth approximately $10,427,000. JPMorgan Chase & Co. increased its holdings in shares of Napco Security Technologies by 318.6% during the 4th quarter. JPMorgan Chase & Co. now owns 283,812 shares of the industrial products company's stock worth $10,092,000 after acquiring an additional 216,017 shares during the last quarter. Copeland Capital Management LLC increased its holdings in shares of Napco Security Technologies by 15.1% during the 4th quarter. Copeland Capital Management LLC now owns 1,194,623 shares of the industrial products company's stock worth $42,481,000 after acquiring an additional 156,495 shares during the last quarter. Finally, Congress Asset Management Co. raised its stake in Napco Security Technologies by 94.4% in the 4th quarter. Congress Asset Management Co. now owns 279,670 shares of the industrial products company's stock valued at $9,945,000 after acquiring an additional 135,802 shares during the period. 85.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have commented on NSSC shares. Needham & Company LLC reduced their price objective on shares of Napco Security Technologies from $40.00 to $37.00 and set a "buy" rating for the company in a research report on Friday, March 21st. Cowen lowered shares of Napco Security Technologies from a "buy" rating to a "hold" rating in a research note on Tuesday, February 4th. TD Cowen cut shares of Napco Security Technologies from a "buy" rating to a "hold" rating and lowered their price target for the company from $46.00 to $27.00 in a report on Tuesday, February 4th. Lake Street Capital reduced their price objective on Napco Security Technologies from $30.00 to $28.00 and set a "buy" rating for the company in a report on Tuesday, March 25th. Finally, Craig Hallum lowered Napco Security Technologies from a "buy" rating to a "hold" rating and set a $28.00 target price on the stock. in a research note on Tuesday, February 4th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $35.50.

Napco Security Technologies Stock Up 1.7 %

Shares of NSSC traded up $0.36 during mid-day trading on Tuesday, hitting $21.77. 533,519 shares of the company's stock were exchanged, compared to its average volume of 507,311. The firm has a market cap of $792.45 million, a price-to-earnings ratio of 16.75 and a beta of 1.51. The stock's 50-day simple moving average is $23.43 and its 200-day simple moving average is $31.90. Napco Security Technologies, Inc. has a 52 week low of $19.00 and a 52 week high of $58.09.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last posted its quarterly earnings data on Monday, February 3rd. The industrial products company reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.34 by ($0.06). The company had revenue of $42.90 million for the quarter, compared to the consensus estimate of $49.93 million. Napco Security Technologies had a return on equity of 27.65% and a net margin of 25.94%. Napco Security Technologies's revenue was down 9.3% on a year-over-year basis. During the same quarter last year, the business earned $0.34 EPS. Analysts forecast that Napco Security Technologies, Inc. will post 1.24 earnings per share for the current fiscal year.

Napco Security Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date was Wednesday, March 12th. Napco Security Technologies's dividend payout ratio (DPR) is presently 38.46%.

Napco Security Technologies Company Profile

Napco Security Technologies, Inc develops, manufactures, and sells electronic security systems for commercial, residential, institutional, industrial, and governmental applications in the United States and internationally. Its access control systems include various types of identification readers, control panels, PC-based computers, and electronically activated door-locking devices; intrusion and fire alarm systems, consists of various detectors, a control panel, a digital keypad and signaling equipment; and door locking devices comprise microprocessor-based electronic door locks with push button, card readers and bio-metric operation, door alarms, mechanical door locks, and simple dead bolt locks.