Louisiana State Employees Retirement System Takes Position in National Presto Industries, Inc. (NYSE:NPK)

Louisiana State Employees Retirement System bought a new stake in National Presto Industries, Inc. (NYSE:NPK) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,500 shares of the conglomerate’s stock, valued at approximately $246,000.

Several other large investors have also modified their holdings of the stock. nVerses Capital LLC acquired a new stake in National Presto Industries during the 3rd quarter worth $30,000. Wilmington Savings Fund Society FSB acquired a new stake in National Presto Industries during the 3rd quarter worth $75,000. Newbridge Financial Services Group Inc. purchased a new position in National Presto Industries during the 4th quarter worth $79,000. Point72 Asia Singapore Pte. Ltd. raised its position in National Presto Industries by 190.8% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,483 shares of the conglomerate’s stock worth $111,000 after buying an additional 973 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new position in National Presto Industries during the 3rd quarter worth $193,000. Institutional investors and hedge funds own 58.57% of the company’s stock.

National Presto Industries Stock Performance

Shares of National Presto Industries stock opened at $102.00 on Thursday. The firm has a fifty day moving average of $96.66 and a two-hundred day moving average of $83.09. The company has a market cap of $724.22 million, a P/E ratio of 21.47 and a beta of 0.53. National Presto Industries, Inc. has a one year low of $69.58 and a one year high of $102.55.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of National Presto Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, December 3rd.

National Presto Industries Company Profile

National Presto Industries, Inc provides housewares and small appliance, defense, and safety products in North America. The company’s Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; vacuum sealers; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric knife sharpeners; and timers under the Presto Control Master brand.