Trexquant Investment LP Sells 20,507 Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC)

Trexquant Investment LP lowered its position in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) by 13.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 127,056 shares of the industrial products company’s stock after selling 20,507 shares during the quarter. Trexquant Investment LP owned about 0.35% of Napco Security Technologies worth $4,518,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. New Age Alpha Advisors LLC acquired a new stake in Napco Security Technologies in the 4th quarter worth about $32,000. Physician Wealth Advisors Inc. acquired a new stake in shares of Napco Security Technologies in the fourth quarter valued at approximately $63,000. KBC Group NV boosted its stake in shares of Napco Security Technologies by 83.8% in the fourth quarter. KBC Group NV now owns 2,049 shares of the industrial products company’s stock valued at $73,000 after buying an additional 934 shares during the period. Arcadia Investment Management Corp MI acquired a new stake in Napco Security Technologies during the fourth quarter worth approximately $86,000. Finally, Farther Finance Advisors LLC increased its stake in Napco Security Technologies by 290.9% during the 4th quarter. Farther Finance Advisors LLC now owns 2,830 shares of the industrial products company’s stock worth $101,000 after acquiring an additional 2,106 shares during the period. Institutional investors own 85.07% of the company’s stock.

Napco Security Technologies Price Performance

Shares of Napco Security Technologies stock opened at $20.28 on Friday. The company’s 50 day moving average price is $25.75 and its two-hundred day moving average price is $33.69. The firm has a market capitalization of $738.21 million, a P/E ratio of 15.60 and a beta of 1.59. Napco Security Technologies, Inc. has a fifty-two week low of $19.63 and a fifty-two week high of $58.09.

Napco Security Technologies (NASDAQ:NSSC) last issued its quarterly earnings data on Monday, February 3rd. The industrial products company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.06). The firm had revenue of $42.90 million for the quarter, compared to the consensus estimate of $49.93 million. Napco Security Technologies had a return on equity of 27.65% and a net margin of 25.94%. The company’s revenue was down 9.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.34 EPS. On average, analysts expect that Napco Security Technologies, Inc. will post 1.24 earnings per share for the current year.

Napco Security Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th were given a dividend of $0.125 per share. The ex-dividend date was Wednesday, March 12th. This represents a $0.50 annualized dividend and a yield of 2.47%. Napco Security Technologies’s dividend payout ratio is presently 38.46%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on NSSC shares. Needham & Company LLC cut their target price on Napco Security Technologies from $40.00 to $37.00 and set a “buy” rating for the company in a research report on Friday, March 21st. Cowen cut shares of Napco Security Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th. TD Cowen lowered shares of Napco Security Technologies from a “buy” rating to a “hold” rating and decreased their target price for the company from $46.00 to $27.00 in a report on Tuesday, February 4th. Lake Street Capital cut their price target on shares of Napco Security Technologies from $30.00 to $28.00 and set a “buy” rating for the company in a report on Tuesday, March 25th. Finally, Craig Hallum cut shares of Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 price objective on the stock. in a research note on Tuesday, February 4th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $35.50.

Napco Security Technologies Profile

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.