First National Advisers LLC Buys 4,538 Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC)

First National Advisers LLC lifted its stake in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) by 5.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 82,160 shares of the industrial products company’s stock after purchasing an additional 4,538 shares during the quarter. First National Advisers LLC owned 0.22% of Napco Security Technologies worth $2,922,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its holdings in shares of Napco Security Technologies by 72,300.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 724 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 723 shares during the last quarter. First Horizon Advisors Inc. boosted its position in Napco Security Technologies by 109.7% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,107 shares of the industrial products company’s stock worth $45,000 after buying an additional 579 shares during the period. KBC Group NV boosted its position in Napco Security Technologies by 61.4% during the 3rd quarter. KBC Group NV now owns 1,115 shares of the industrial products company’s stock worth $45,000 after buying an additional 424 shares during the period. Huntington National Bank boosted its position in Napco Security Technologies by 54.7% during the 3rd quarter. Huntington National Bank now owns 1,777 shares of the industrial products company’s stock worth $72,000 after buying an additional 628 shares during the period. Finally, Arcadia Investment Management Corp MI acquired a new stake in Napco Security Technologies during the 4th quarter worth approximately $86,000. 85.07% of the stock is owned by institutional investors.

Napco Security Technologies Stock Up 2.0 %

Napco Security Technologies stock opened at $25.19 on Friday. Napco Security Technologies, Inc. has a 12-month low of $23.00 and a 12-month high of $58.09. The firm’s fifty day moving average is $29.25 and its 200 day moving average is $35.46. The company has a market capitalization of $916.94 million, a PE ratio of 19.38 and a beta of 1.59.

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

Napco Security Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th will be given a dividend of $0.125 per share. The ex-dividend date is Wednesday, March 12th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.98%. Napco Security Technologies’s payout ratio is presently 38.46%.

Analyst Ratings Changes

Several research firms recently commented on NSSC. Lake Street Capital set a $30.00 target price on shares of Napco Security Technologies and gave the stock a “buy” rating in a research report on Tuesday, February 4th. TD Cowen downgraded shares of Napco Security Technologies from a “buy” rating to a “hold” rating and cut their target price for the stock from $46.00 to $27.00 in a research report on Tuesday, February 4th. StockNews.com upgraded shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a research report on Tuesday, December 3rd. Needham & Company LLC dropped their price target on shares of Napco Security Technologies from $52.00 to $40.00 and set a “buy” rating on the stock in a research report on Tuesday, February 4th. Finally, Cowen downgraded shares of Napco Security Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Napco Security Technologies presently has a consensus rating of “Hold” and a consensus target price of $36.33.

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.