Fox Run Management L.L.C. Has $246,000 Stock Holdings in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Fox Run Management L.L.C. decreased its stake in Napco Security Technologies, Inc. (NASDAQ:NSSC - Free Report) by 68.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,917 shares of the industrial products company's stock after selling 15,039 shares during the quarter. Fox Run Management L.L.C.'s holdings in Napco Security Technologies were worth $246,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Intech Investment Management LLC purchased a new stake in Napco Security Technologies during the third quarter valued at about $634,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Napco Security Technologies by 30.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 359,103 shares of the industrial products company's stock valued at $14,529,000 after acquiring an additional 83,871 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Napco Security Technologies in the 3rd quarter valued at approximately $356,000. FMR LLC boosted its stake in Napco Security Technologies by 30.8% in the 3rd quarter. FMR LLC now owns 2,102,688 shares of the industrial products company's stock worth $85,075,000 after purchasing an additional 494,988 shares during the period. Finally, BNP Paribas Financial Markets grew its position in Napco Security Technologies by 5.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 120,595 shares of the industrial products company's stock worth $4,879,000 after purchasing an additional 6,394 shares in the last quarter. Hedge funds and other institutional investors own 85.07% of the company's stock.

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Analyst Upgrades and Downgrades

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

Napco Security Technologies Stock Performance

Shares of Napco Security Technologies stock traded down $0.35 during trading on Tuesday, hitting $22.67. 377,519 shares of the stock traded hands, compared to its average volume of 492,907. The stock has a market cap of $825.21 million, a P/E ratio of 17.44 and a beta of 1.59. The company has a fifty day moving average price of $26.66 and a two-hundred day moving average price of $34.04. Napco Security Technologies, Inc. has a twelve month low of $22.36 and a twelve month high of $58.09.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last posted its 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). 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 firm earned $0.34 earnings per share. Napco Security Technologies's revenue was down 9.3% compared to the same quarter last year. On average, equities research analysts expect that Napco Security Technologies, Inc. will post 1.24 EPS for the current fiscal year.

Napco Security Technologies Announces Dividend

The firm 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. This represents a $0.50 annualized dividend and a yield of 2.21%. The ex-dividend date of this dividend is Wednesday, March 12th. Napco Security Technologies's payout ratio is 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.