Franklin Resources Inc. Has $807,000 Stock Holdings in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Franklin Resources Inc. lifted its holdings in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) by 4.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,961 shares of the industrial products company’s stock after buying an additional 915 shares during the quarter. Franklin Resources Inc. owned about 0.05% of Napco Security Technologies worth $807,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of NSSC. AE Wealth Management LLC increased its stake in Napco Security Technologies by 3.8% in the second quarter. AE Wealth Management LLC now owns 5,189 shares of the industrial products company’s stock valued at $270,000 after purchasing an additional 189 shares in the last quarter. Quarry LP boosted its holdings in shares of Napco Security Technologies by 91.2% in the second quarter. Quarry LP now owns 654 shares of the industrial products company’s stock valued at $34,000 after buying an additional 312 shares during the period. Allworth Financial LP lifted its position in Napco Security Technologies by 18.9% in the 3rd quarter. Allworth Financial LP now owns 2,515 shares of the industrial products company’s stock valued at $102,000 after acquiring an additional 400 shares in the last quarter. KBC Group NV lifted its holdings in shares of Napco Security Technologies by 61.4% in the third quarter. KBC Group NV now owns 1,115 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 424 shares in the last quarter. Finally, US Bancorp DE lifted its stake in Napco Security Technologies by 9.1% in the 3rd quarter. US Bancorp DE now owns 5,329 shares of the industrial products company’s stock valued at $216,000 after acquiring an additional 443 shares in the last quarter. 85.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. TD Cowen decreased their target price on shares of Napco Security Technologies from $60.00 to $46.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. StockNews.com upgraded shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Lake Street Capital lowered their price target on Napco Security Technologies from $60.00 to $41.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Craig Hallum cut their price target on Napco Security Technologies from $65.00 to $48.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Finally, DA Davidson reduced their price objective on Napco Security Technologies from $55.00 to $48.00 and set a “buy” rating for the company in a 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, Napco Security Technologies has a consensus rating of “Moderate Buy” and an average target price of $47.14.

Napco Security Technologies Trading Down 2.1 %

Shares of NSSC opened at $35.50 on Monday. The stock has a market capitalization of $1.30 billion, a PE ratio of 26.10 and a beta of 1.62. The firm’s 50 day moving average is $38.05 and its 200-day moving average is $44.48. Napco Security Technologies, Inc. has a 12 month low of $31.27 and a 12 month high of $58.09.

Napco Security Technologies (NASDAQ:NSSC) last issued its earnings results on Monday, November 4th. The industrial products company reported $0.30 EPS 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 firm had revenue of $44.00 million during the quarter, compared to analyst estimates of $46.56 million. During the same quarter in the previous year, the firm posted $0.28 earnings per share. Napco Security Technologies’s quarterly revenue was up 5.5% compared to the same quarter last year. Equities research analysts predict that Napco Security Technologies, Inc. will post 1.49 earnings per share for the current fiscal year.

Napco Security Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, December 12th will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date is Thursday, December 12th. Napco Security Technologies’s dividend payout ratio is presently 36.76%.

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.