Copeland Capital Management LLC Raises Holdings in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Copeland Capital Management LLC boosted its holdings in Napco Security Technologies, Inc. (NASDAQ:NSSC - Free Report) by 15.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,194,623 shares of the industrial products company's stock after buying an additional 156,495 shares during the quarter. Copeland Capital Management LLC owned approximately 3.26% of Napco Security Technologies worth $42,481,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of NSSC. Farther Finance Advisors LLC raised its holdings in Napco Security Technologies by 72,300.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 724 shares of the industrial products company's stock worth $29,000 after purchasing an additional 723 shares during the last quarter. Quarry LP raised its holdings in Napco Security Technologies by 91.2% during the second quarter. Quarry LP now owns 654 shares of the industrial products company's stock worth $34,000 after buying an additional 312 shares during the last quarter. KBC Group NV grew its holdings in shares of Napco Security Technologies by 61.4% during the third quarter. KBC Group NV now owns 1,115 shares of the industrial products company's stock valued at $45,000 after buying an additional 424 shares during the last quarter. First Horizon Advisors Inc. raised its holdings in shares of Napco Security Technologies by 109.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,107 shares of the industrial products company's stock worth $45,000 after acquiring an additional 579 shares during the last quarter. Finally, Huntington National Bank increased its holdings in Napco Security Technologies by 54.7% during the 3rd quarter. Huntington National Bank now owns 1,777 shares of the industrial products company's stock worth $72,000 after purchasing an additional 628 shares in the last quarter. 85.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

NSSC has been the subject of several recent analyst reports. Needham & Company LLC reduced their target price on shares of Napco Security Technologies from $52.00 to $40.00 and set a "buy" rating for the company in a research note on Tuesday. TD Cowen downgraded Napco Security Technologies from a "buy" rating to a "hold" rating and cut their target price for the stock from $46.00 to $27.00 in a research note on Tuesday. StockNews.com raised Napco Security Technologies from a "sell" rating to a "hold" rating in a research report on Tuesday, December 3rd. Lake Street Capital reduced their price objective on Napco Security Technologies from $60.00 to $41.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th. Finally, Craig Hallum lowered shares of Napco Security Technologies from a "buy" rating to a "hold" rating and set a $28.00 price target for the company. in a research report on Tuesday. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $39.14.

Napco Security Technologies Stock Performance

NASDAQ NSSC traded down $0.68 during trading hours on Wednesday, hitting $25.74. The company had a trading volume of 795,496 shares, compared to its average volume of 602,259. The firm has a market capitalization of $944.25 million, a price-to-earnings ratio of 19.03 and a beta of 1.64. Napco Security Technologies, Inc. has a 52 week low of $24.90 and a 52 week high of $58.09. The firm has a 50 day simple moving average of $36.19 and a 200 day simple moving average of $40.99.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last issued its quarterly earnings data on Monday, February 3rd. The industrial products company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.06). Napco Security Technologies had a net margin of 26.43% and a return on equity of 29.56%. The firm had revenue of $42.90 million for the quarter, compared to analysts' expectations of $49.93 million. During the same period in the prior year, the firm posted $0.34 EPS. Napco Security Technologies's revenue was down 9.3% on a year-over-year basis. On average, research analysts forecast that Napco Security Technologies, Inc. will post 1.55 earnings per share for the current year.

Napco Security Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 12th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.50 annualized dividend and a yield of 1.94%. Napco Security Technologies's payout ratio is presently 36.76%.

Napco Security Technologies 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.