SG Americas Securities LLC Buys 7,565 Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC)

SG Americas Securities LLC boosted its holdings in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC - Free Report) by 50.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,604 shares of the industrial products company's stock after purchasing an additional 7,565 shares during the period. SG Americas Securities LLC owned about 0.06% of Napco Security Technologies worth $804,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Copeland Capital Management LLC boosted its position in Napco Security Technologies by 108.6% in the third quarter. Copeland Capital Management LLC now owns 1,038,128 shares of the industrial products company's stock valued at $42,003,000 after buying an additional 540,436 shares in the last quarter. FMR LLC boosted its stake in shares of 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 valued at $85,075,000 after purchasing an additional 494,988 shares during the last quarter. Kornitzer Capital Management Inc. KS grew its holdings in Napco Security Technologies by 426.5% during the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 237,995 shares of the industrial products company's stock worth $9,629,000 after acquiring an additional 192,790 shares during the period. Rockefeller Capital Management L.P. grew its stake in Napco Security Technologies by 74.3% during the third quarter. Rockefeller Capital Management L.P. now owns 300,901 shares of the industrial products company's stock worth $12,174,000 after purchasing an additional 128,316 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Napco Security Technologies by 14.3% during the 3rd quarter. Geode Capital Management LLC now owns 959,035 shares of the industrial products company's stock worth $38,809,000 after buying an additional 120,304 shares during the period. 85.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. DA Davidson decreased their target price on Napco Security Technologies from $55.00 to $48.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Lake Street Capital lowered their target price on shares of Napco Security Technologies from $60.00 to $41.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. TD Cowen dropped their price target on Napco Security Technologies from $60.00 to $46.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Needham & Company LLC reaffirmed a "buy" rating and issued a $52.00 price objective on shares of Napco Security Technologies in a research report on Thursday, January 16th. Finally, Craig Hallum dropped their price target on Napco Security Technologies from $65.00 to $48.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $46.43.

Napco Security Technologies Stock Up 3.4 %

NASDAQ:NSSC traded up $1.22 during mid-day trading on Thursday, hitting $37.20. 314,568 shares of the stock traded hands, compared to its average volume of 350,356. The business's 50-day moving average price is $36.77 and its 200 day moving average price is $41.73. Napco Security Technologies, Inc. has a 12-month low of $31.77 and a 12-month high of $58.09. The company has a market cap of $1.36 billion, a PE ratio of 27.35 and a beta of 1.65.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The industrial products company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by ($0.05). The business had revenue of $44.00 million for the quarter, compared to the consensus estimate of $46.56 million. Napco Security Technologies had a net margin of 26.43% and a return on equity of 29.56%. The business's revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.28 EPS. Analysts anticipate that Napco Security Technologies, Inc. will post 1.55 earnings per share for the current fiscal year.

Napco Security Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Thursday, December 12th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date was Thursday, December 12th. Napco Security Technologies's payout ratio is currently 36.76%.

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.