RK Asset Management LLC cut its holdings in National Presto Industries Inc. (NYSE:NPK) by 2.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,256 shares of the conglomerate’s stock after selling 1,735 shares during the period. National Presto Industries makes up approximately 7.1% of RK Asset Management LLC’s portfolio, making the stock its 6th biggest position. RK Asset Management LLC’s holdings in National Presto Industries were worth $7,328,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of the company. Janus Henderson Group PLC increased its position in National Presto Industries by 114.4% in the 2nd quarter. Janus Henderson Group PLC now owns 463,308 shares of the conglomerate’s stock valued at $43,222,000 after buying an additional 247,170 shares in the last quarter. Morgan Stanley increased its position in National Presto Industries by 949.6% in the 2nd quarter. Morgan Stanley now owns 125,966 shares of the conglomerate’s stock valued at $11,751,000 after buying an additional 113,965 shares in the last quarter. JPMorgan Chase & Co. increased its position in National Presto Industries by 185.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 43,160 shares of the conglomerate’s stock valued at $3,884,000 after buying an additional 28,061 shares in the last quarter. Nuveen Asset Management LLC bought a new stake in National Presto Industries in the 2nd quarter valued at about $1,886,000. Finally, D. E. Shaw & Co. Inc. bought a new stake in National Presto Industries in the 2nd quarter valued at about $1,463,000. 71.75% of the stock is owned by hedge funds and other institutional investors.
National Presto Industries stock traded up $2.08 during midday trading on Friday, reaching $84.93. The stock had a trading volume of 784 shares, compared to its average volume of 60,520. National Presto Industries Inc. has a 12 month low of $82.14 and a 12 month high of $133.95. The company has a market capitalization of $580.45 million, a P/E ratio of 13.17 and a beta of 0.33. The company has a fifty day moving average price of $87.84 and a two-hundred day moving average price of $96.14. The company has a current ratio of 7.29, a quick ratio of 4.93 and a debt-to-equity ratio of 0.01.
National Presto Industries Company Profile
National Presto Industries Inc provides housewares and small appliances, and defense products primarily 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 single thermostatic control line of skillets, griddles, woks, and multi-purpose cookers under the Presto Control Master brand; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; rice cookers; microwave bacon cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers.
See Also: Buy-Side Analysts
Want to see what other hedge funds are holding NPK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for National Presto Industries Inc. (NYSE:NPK).
Receive News & Ratings for National Presto Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Presto Industries and related companies with MarketBeat.com's FREE daily email newsletter.