Stifel Financial Corp Has $3.15 Million Stock Holdings in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Stifel Financial Corp raised its stake in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC - Free Report) by 66.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 77,782 shares of the industrial products company's stock after purchasing an additional 31,184 shares during the quarter. Stifel Financial Corp owned 0.21% of Napco Security Technologies worth $3,147,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. FMR LLC lifted its holdings in Napco Security Technologies by 30.8% during 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. Copeland Capital Management LLC increased its holdings in shares of Napco Security Technologies by 108.6% during the third quarter. Copeland Capital Management LLC now owns 1,038,128 shares of the industrial products company's stock worth $42,003,000 after buying an additional 540,436 shares in the last quarter. Emerald Advisers LLC raised its stake in shares of Napco Security Technologies by 4.0% in the third quarter. Emerald Advisers LLC now owns 508,257 shares of the industrial products company's stock valued at $20,564,000 after acquiring an additional 19,674 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its holdings in shares of Napco Security Technologies by 35.2% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 439,421 shares of the industrial products company's stock worth $17,779,000 after acquiring an additional 114,346 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust boosted its holdings in shares of Napco Security Technologies by 3.5% in the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 414,013 shares of the industrial products company's stock worth $16,751,000 after acquiring an additional 14,077 shares in the last quarter. 85.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Craig Hallum cut their price objective on Napco Security Technologies from $65.00 to $48.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Lake Street Capital cut their price target on 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 decreased their price objective on shares of Napco Security Technologies from $60.00 to $46.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. StockNews.com upgraded shares of Napco Security Technologies from a "sell" rating to a "hold" rating in a research report on Tuesday, December 3rd. Finally, DA Davidson reduced their target price on shares of Napco Security Technologies from $55.00 to $48.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, Napco Security Technologies presently has an average rating of "Moderate Buy" and an average target price of $47.14.

Napco Security Technologies Stock Performance

Napco Security Technologies stock traded down $0.72 during trading hours on Wednesday, reaching $36.46. 463,539 shares of the company's stock traded hands, compared to its average volume of 446,182. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 26.81 and a beta of 1.62. Napco Security Technologies, Inc. has a fifty-two week low of $31.27 and a fifty-two week high of $58.09. The firm's 50 day moving average is $38.77 and its 200-day moving average is $45.29.

Napco Security Technologies (NASDAQ:NSSC - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The industrial products company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.05). Napco Security Technologies had a net margin of 26.43% and a return on equity of 29.56%. The business had revenue of $44.00 million during the quarter, compared to analyst estimates of $46.56 million. During the same quarter in the prior year, the company earned $0.28 earnings per share. The company's quarterly revenue was up 5.5% on a year-over-year basis. Analysts predict that Napco Security Technologies, Inc. will post 1.49 EPS for the current year.

Napco Security Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, December 12th will be given a $0.125 dividend. The ex-dividend date is Thursday, December 12th. This represents a $0.50 annualized dividend and a dividend yield of 1.37%. Napco Security Technologies's dividend payout ratio is currently 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.