Trexquant Investment LP Sells 20,507 Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC)

Trexquant Investment LP lowered its stake in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC - Free Report) by 13.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 127,056 shares of the industrial products company's stock after selling 20,507 shares during the period. Trexquant Investment LP owned 0.35% of Napco Security Technologies worth $4,518,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Napco Security Technologies by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 2,849,651 shares of the industrial products company's stock worth $101,334,000 after buying an additional 32,482 shares during the period. Copeland Capital Management LLC boosted its stake 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 worth $42,481,000 after purchasing an additional 156,495 shares during the period. Geode Capital Management LLC grew its stake 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 valued at $35,948,000 after acquiring an additional 51,661 shares in the last quarter. State Street Corp grew its position in shares of Napco Security Technologies by 2.2% during the 3rd quarter. State Street Corp now owns 783,327 shares of the industrial products company's stock valued at $31,790,000 after purchasing an additional 16,931 shares in the last quarter. Finally, Emerald Advisers LLC raised its holdings 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 acquiring an additional 26,835 shares in the last quarter. 85.07% of the stock is owned by institutional investors.

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Analyst Upgrades and Downgrades

Several equities analysts recently commented on NSSC shares. Cowen lowered shares of Napco Security Technologies from a "buy" rating to a "hold" rating in a report on Tuesday, February 4th. Lake Street Capital dropped their price target 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. Needham & Company LLC dropped their target price on shares of Napco Security Technologies from $40.00 to $37.00 and set a "buy" rating for the company in a report on Friday, March 21st. Craig Hallum lowered Napco Security Technologies from a "buy" rating to a "hold" rating and set a $28.00 price objective on the stock. in a research report on Tuesday, February 4th. Finally, TD Cowen lowered Napco Security Technologies from a "buy" rating to a "hold" rating and dropped their price target for the stock from $46.00 to $27.00 in a research note on Tuesday, February 4th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Napco Security Technologies presently has a consensus rating of "Hold" and a consensus price target of $35.50.

Napco Security Technologies Stock Down 6.8 %

Shares of NASDAQ:NSSC traded down $1.49 during midday trading on Thursday, reaching $20.41. The company's stock had a trading volume of 113,355 shares, compared to its average volume of 499,952. The firm has a 50 day moving average of $24.21 and a 200-day moving average of $33.05. The firm has a market capitalization of $742.84 million, a P/E ratio of 15.72 and a beta of 1.51. 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 released its quarterly earnings data 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). The business had revenue of $42.90 million for 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 company's quarterly revenue was down 9.3% on a year-over-year basis. During the same period last year, the business earned $0.34 earnings per share. On average, research analysts predict that Napco Security Technologies, Inc. will post 1.24 EPS for the current year.

Napco Security Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $0.50 dividend on an annualized basis and a yield of 2.45%. Napco Security Technologies's dividend payout ratio (DPR) is 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.