Yousif Capital Management LLC Reduces Position in Enpro Inc. (NYSE:NPO)

Yousif Capital Management LLC lessened its position in shares of Enpro Inc. (NYSE:NPO) by 1.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,001 shares of the industrial products company’s stock after selling 134 shares during the quarter. Yousif Capital Management LLC’s holdings in Enpro were worth $1,380,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. grew its stake in Enpro by 55.4% during the 4th quarter. Pacer Advisors Inc. now owns 1,212 shares of the industrial products company’s stock worth $209,000 after buying an additional 432 shares during the last quarter. KBC Group NV grew its stake in shares of Enpro by 34.2% in the 4th quarter. KBC Group NV now owns 891 shares of the industrial products company’s stock valued at $154,000 after purchasing an additional 227 shares during the last quarter. Tributary Capital Management LLC grew its stake in shares of Enpro by 0.9% in the 4th quarter. Tributary Capital Management LLC now owns 185,309 shares of the industrial products company’s stock valued at $31,957,000 after purchasing an additional 1,727 shares during the last quarter. Heritage Family Offices LLP grew its stake in shares of Enpro by 4.7% in the 4th quarter. Heritage Family Offices LLP now owns 1,934 shares of the industrial products company’s stock valued at $334,000 after purchasing an additional 87 shares during the last quarter. Finally, Argent Capital Management LLC grew its stake in shares of Enpro by 38.6% in the 4th quarter. Argent Capital Management LLC now owns 5,514 shares of the industrial products company’s stock valued at $951,000 after purchasing an additional 1,535 shares during the last quarter. Hedge funds and other institutional investors own 98.31% of the company’s stock.

Enpro Stock Down 2.0 %

NPO opened at $187.50 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.76 and a quick ratio of 2.00. The business has a 50 day simple moving average of $178.99 and a 200-day simple moving average of $166.57. The stock has a market capitalization of $3.94 billion, a P/E ratio of 72.96 and a beta of 1.49. Enpro Inc. has a 12 month low of $136.68 and a 12 month high of $197.94.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Oppenheimer lifted their target price on Enpro from $170.00 to $215.00 and gave the company an “outperform” rating in a research note on Monday, December 16th. StockNews.com downgraded Enpro from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th. Finally, KeyCorp lifted their target price on Enpro from $180.00 to $220.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th.

Enpro Company Profile

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.