Doma Perpetual Capital Management LLC Purchases 59,496 Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC)

Doma Perpetual Capital Management LLC boosted its position in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC - Free Report) by 8.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 766,532 shares of the industrial products company's stock after acquiring an additional 59,496 shares during the quarter. Napco Security Technologies comprises about 13.6% of Doma Perpetual Capital Management LLC's portfolio, making the stock its 5th largest position. Doma Perpetual Capital Management LLC owned about 2.09% of Napco Security Technologies worth $27,258,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in NSSC. Vanguard Group Inc. grew its position in shares of Napco Security Technologies by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 2,849,651 shares of the industrial products company's stock valued at $101,334,000 after acquiring an additional 32,482 shares during the period. Copeland Capital Management LLC grew its holdings in Napco Security Technologies by 15.1% in the 4th quarter. Copeland Capital Management LLC now owns 1,194,623 shares of the industrial products company's stock valued at $42,481,000 after buying an additional 156,495 shares in the last quarter. Geode Capital Management LLC increased its position in Napco Security Technologies by 5.4% during the fourth quarter. Geode Capital Management LLC now owns 1,010,696 shares of the industrial products company's stock worth $35,948,000 after purchasing an additional 51,661 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Napco Security Technologies by 24.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 617,660 shares of the industrial products company's stock valued at $21,964,000 after acquiring an additional 121,113 shares during the last quarter. Finally, Emerald Advisers LLC lifted its stake in shares of Napco Security Technologies by 5.3% in the 4th quarter. Emerald Advisers LLC now owns 535,092 shares of the industrial products company's stock valued at $19,028,000 after purchasing an additional 26,835 shares during the last quarter. Hedge funds and other institutional investors own 85.07% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on NSSC. TD Cowen cut shares of Napco Security Technologies from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $46.00 to $27.00 in a research report on Tuesday, February 4th. Cowen lowered shares of Napco Security Technologies from a "buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Craig Hallum cut Napco Security Technologies from a "buy" rating to a "hold" rating and set a $28.00 price target on the stock. in a research note on Tuesday, February 4th. Lake Street Capital reduced their price objective on shares of Napco Security Technologies from $30.00 to $28.00 and set a "buy" rating for the company in a research report on Tuesday, March 25th. Finally, Needham & Company LLC decreased their target price on 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. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $35.50.

Napco Security Technologies Stock Up 0.5 %

NASDAQ NSSC traded up $0.11 during trading hours on Friday, hitting $22.88. 249,154 shares of the stock were exchanged, compared to its average volume of 505,972. The company has a market cap of $832.85 million, a price-to-earnings ratio of 17.60 and a beta of 1.51. The stock has a 50-day moving average of $23.25 and a 200 day moving average of $31.62. Napco Security Technologies, Inc. has a 12-month low of $19.00 and a 12-month high of $58.09.

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

Napco Security Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th were given a $0.125 dividend. The ex-dividend date was Wednesday, March 12th. This represents a $0.50 annualized dividend and a dividend yield of 2.19%. Napco Security Technologies's dividend payout ratio is presently 38.46%.

About Napco Security Technologies

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.