Napco Security Technologies, Inc. (NASDAQ:NSSC) Shares Purchased by Barclays PLC

Barclays PLC increased its position in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) by 266.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 62,085 shares of the industrial products company’s stock after buying an additional 45,122 shares during the period. Barclays PLC owned 0.17% of Napco Security Technologies worth $2,511,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NSSC. Copeland Capital Management LLC increased its position in shares of 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 raised its position in Napco Security Technologies by 30.8% during the third quarter. FMR LLC now owns 2,102,688 shares of the industrial products company’s stock worth $85,075,000 after acquiring an additional 494,988 shares during the period. Emerald Advisers LLC raised its position in Napco Security Technologies by 118.3% during the second quarter. Emerald Advisers LLC now owns 488,583 shares of the industrial products company’s stock worth $25,382,000 after acquiring an additional 264,789 shares during the period. Emerald Mutual Fund Advisers Trust lifted its holdings in Napco Security Technologies by 170.8% during the second quarter. Emerald Mutual Fund Advisers Trust now owns 399,936 shares of the industrial products company’s stock valued at $20,777,000 after purchasing an additional 252,252 shares in the last quarter. Finally, Divisadero Street Capital Management LP grew its position in shares of Napco Security Technologies by 118.2% in the second quarter. Divisadero Street Capital Management LP now owns 394,804 shares of the industrial products company’s stock valued at $20,510,000 after purchasing an additional 213,838 shares during the period. Institutional investors and hedge funds own 85.07% of the company’s stock.

Napco Security Technologies Stock Up 1.0 %

Shares of Napco Security Technologies stock opened at $36.09 on Thursday. The business’s fifty day simple moving average is $38.40 and its 200-day simple moving average is $44.79. The firm has a market cap of $1.32 billion, a PE ratio of 26.54 and a beta of 1.62. Napco Security Technologies, Inc. has a 52 week low of $31.27 and a 52 week high of $58.09.

Napco Security Technologies (NASDAQ:NSSC) last announced its earnings results 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). The company had revenue of $44.00 million for the quarter, compared to analysts’ expectations of $46.56 million. Napco Security Technologies had a return on equity of 29.56% and a net margin of 26.43%. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the business earned $0.28 EPS. As a group, equities analysts expect that Napco Security Technologies, Inc. will post 1.49 earnings per share for the current year.

Napco Security Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Thursday, December 12th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.39%. The ex-dividend date is Thursday, December 12th. Napco Security Technologies’s payout ratio is 36.76%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. TD Cowen decreased their price target on shares of Napco Security Technologies from $60.00 to $46.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. StockNews.com upgraded Napco Security Technologies from a “sell” rating to a “hold” rating in a research report on Tuesday, December 3rd. Lake Street Capital decreased their price objective on Napco Security Technologies from $60.00 to $41.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. DA Davidson dropped their price target 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. Finally, Craig Hallum cut their target price on Napco Security Technologies from $65.00 to $48.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Napco Security Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.14.

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.