F M Investments LLC Has $2.35 Million Stock Holdings in Napco Security Technologies, Inc. (NASDAQ:NSSC)

F M Investments LLC cut its position in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC - Free Report) by 63.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 66,069 shares of the industrial products company's stock after selling 117,072 shares during the quarter. F M Investments LLC owned 0.18% of Napco Security Technologies worth $2,349,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of NSSC. Wells Fargo & Company MN raised its holdings in shares of Napco Security Technologies by 0.7% in the fourth quarter. Wells Fargo & Company MN now owns 62,007 shares of the industrial products company's stock valued at $2,205,000 after purchasing an additional 437 shares during the last quarter. Truvestments Capital LLC increased its stake in Napco Security Technologies by 6.7% in the 4th quarter. Truvestments Capital LLC now owns 7,009 shares of the industrial products company's stock valued at $249,000 after buying an additional 443 shares during the last quarter. Invesco Ltd. lifted its position in Napco Security Technologies by 1.4% during the 4th quarter. Invesco Ltd. now owns 35,737 shares of the industrial products company's stock worth $1,271,000 after buying an additional 477 shares in the last quarter. Huntington National Bank boosted its stake in shares of Napco Security Technologies by 31.4% during the 4th quarter. Huntington National Bank now owns 2,335 shares of the industrial products company's stock worth $83,000 after buying an additional 558 shares during the last quarter. Finally, Isthmus Partners LLC grew its holdings in shares of Napco Security Technologies by 0.7% in the 4th quarter. Isthmus Partners LLC now owns 87,363 shares of the industrial products company's stock valued at $3,107,000 after acquiring an additional 650 shares in the last quarter. Institutional investors own 85.07% of the company's stock.

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Analyst Ratings Changes

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

Napco Security Technologies Price Performance

NSSC traded down $0.44 during trading on Tuesday, hitting $21.64. The stock had a trading volume of 642,535 shares, compared to its average volume of 506,019. The company has a 50 day moving average price of $23.93 and a 200-day moving average price of $32.58. Napco Security Technologies, Inc. has a one year low of $19.00 and a one year high of $58.09. The firm has a market cap of $787.72 million, a price-to-earnings ratio of 16.65 and a beta of 1.51.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last released its quarterly earnings results 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 25.94% and a return on equity of 27.65%. The business had revenue of $42.90 million during the quarter, compared to analyst estimates of $49.93 million. During the same quarter last year, the company posted $0.34 earnings per share. The company's revenue was down 9.3% on a year-over-year basis. As a group, sell-side analysts predict that Napco Security Technologies, Inc. will post 1.24 EPS for the current fiscal year.

Napco Security Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.31%. Napco Security Technologies's payout ratio is 38.46%.

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.