Mpwm Advisory Solutions LLC Invests $54,000 in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Mpwm Advisory Solutions LLC bought a new position in Napco Security Technologies, Inc. (NASDAQ:NSSC) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,505 shares of the industrial products company’s stock, valued at approximately $54,000.

A number of other institutional investors have also recently added to or reduced their stakes in NSSC. Barclays PLC lifted its position in Napco Security Technologies by 266.0% in the third quarter. Barclays PLC now owns 62,085 shares of the industrial products company’s stock worth $2,511,000 after purchasing an additional 45,122 shares during the period. Franklin Resources Inc. lifted its position in Napco Security Technologies by 4.8% in the third quarter. Franklin Resources Inc. now owns 19,961 shares of the industrial products company’s stock worth $807,000 after purchasing an additional 915 shares during the period. JPMorgan Chase & Co. lifted its position in Napco Security Technologies by 74.6% in the third quarter. JPMorgan Chase & Co. now owns 67,795 shares of the industrial products company’s stock worth $2,743,000 after purchasing an additional 28,962 shares during the period. SG Americas Securities LLC lifted its position in Napco Security Technologies by 50.3% in the fourth quarter. SG Americas Securities LLC now owns 22,604 shares of the industrial products company’s stock worth $804,000 after purchasing an additional 7,565 shares during the period. Finally, Linden Thomas Advisory Services LLC lifted its position in Napco Security Technologies by 21.0% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 24,579 shares of the industrial products company’s stock worth $874,000 after purchasing an additional 4,265 shares during the period. 85.07% of the stock is currently owned by institutional investors and hedge funds.

Napco Security Technologies Stock Up 1.4%

Shares of NASDAQ:NSSC opened at $28.34 on Wednesday. The company’s fifty day moving average is $23.58 and its two-hundred day moving average is $29.88. Napco Security Technologies, Inc. has a 12-month low of $19.00 and a 12-month high of $58.09. The company has a market cap of $1.01 billion, a P/E ratio of 21.80 and a beta of 1.41.

Napco Security Technologies (NASDAQ:NSSC) last announced its earnings results on Monday, May 5th. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.01. Napco Security Technologies had a net margin of 25.94% and a return on equity of 27.65%. The company had revenue of $43.96 million for the quarter, compared to the consensus estimate of $45.11 million. During the same period in the previous year, the business earned $0.37 EPS. The company’s revenue was down 10.8% on a year-over-year basis. Equities research analysts anticipate that Napco Security Technologies, Inc. will post 1.24 earnings per share for the current year.

Napco Security Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 3rd. Shareholders of record on Thursday, June 12th will be paid a dividend of $0.14 per share. This is an increase from Napco Security Technologies’s previous quarterly dividend of $0.13. This represents a $0.56 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend is Thursday, June 12th. Napco Security Technologies’s payout ratio is 45.90%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Needham & Company LLC cut their price objective on Napco Security Technologies from $37.00 to $32.00 and set a “buy” rating for the company in a research report on Tuesday, May 6th. Cowen downgraded Napco Security Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Lake Street Capital set a $26.00 price objective on Napco Security Technologies in a research report on Monday, May 5th. Craig Hallum downgraded Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 price objective for the company. in a research report on Tuesday, February 4th. Finally, TD Cowen downgraded Napco Security Technologies from a “buy” rating to a “hold” rating and cut their price objective for the company from $46.00 to $27.00 in a research report on Tuesday, February 4th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $32.20.

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.