Napco Security Technologies, Inc. (NASDAQ:NSSC) Shares Purchased by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC raised its stake in Napco Security Technologies, Inc. (NASDAQ:NSSC) by 23.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 196,472 shares of the industrial products company’s stock after acquiring an additional 37,262 shares during the period. Rice Hall James & Associates LLC owned 0.54% of Napco Security Technologies worth $6,987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of NSSC. Copeland Capital Management LLC boosted its stake in Napco Security Technologies by 108.6% in the third quarter. Copeland Capital Management LLC now owns 1,038,128 shares of the industrial products company’s stock valued at $42,003,000 after acquiring an additional 540,436 shares in the last quarter. FMR LLC boosted its stake in Napco Security Technologies by 30.8% in the third quarter. FMR LLC now owns 2,102,688 shares of the industrial products company’s stock valued at $85,075,000 after acquiring an additional 494,988 shares in the last quarter. Kornitzer Capital Management Inc. KS boosted its stake in Napco Security Technologies by 426.5% in the third quarter. Kornitzer Capital Management Inc. KS now owns 237,995 shares of the industrial products company’s stock valued at $9,629,000 after acquiring an additional 192,790 shares in the last quarter. Congress Asset Management Co. boosted its stake in Napco Security Technologies by 94.4% in the fourth quarter. Congress Asset Management Co. now owns 279,670 shares of the industrial products company’s stock valued at $9,945,000 after acquiring an additional 135,802 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of Napco Security Technologies by 74.3% in the third quarter. Rockefeller Capital Management L.P. now owns 300,901 shares of the industrial products company’s stock valued at $12,174,000 after buying an additional 128,316 shares during the last quarter. Institutional investors and hedge funds own 85.07% of the company’s stock.

Wall Street Analyst Weigh In

NSSC has been the subject of a number of research reports. DA Davidson reduced their target price on shares of Napco Security Technologies from $55.00 to $48.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Lake Street Capital reduced their target price on shares of Napco Security Technologies from $60.00 to $41.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. TD Cowen cut shares of Napco Security Technologies from a “buy” rating to a “hold” rating and reduced their target price for the company from $46.00 to $27.00 in a report on Tuesday, February 4th. StockNews.com raised shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. Finally, Craig Hallum cut shares of Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 target price for the company. in a report on Tuesday, February 4th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $38.17.

Napco Security Technologies Trading Up 1.5 %

Shares of Napco Security Technologies stock opened at $25.65 on Tuesday. Napco Security Technologies, Inc. has a 12-month low of $24.90 and a 12-month high of $58.09. The stock has a market cap of $940.84 million, a PE ratio of 19.73 and a beta of 1.64. The company has a 50-day moving average of $33.70 and a two-hundred day moving average of $39.14.

Napco Security Technologies (NASDAQ:NSSC) last issued 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 during the quarter, compared to analysts’ expectations of $49.93 million. During the same period last year, the business posted $0.34 earnings per share. The company’s quarterly revenue was down 9.3% on a year-over-year basis. On average, sell-side analysts forecast that Napco Security Technologies, Inc. will post 1.55 EPS for the current fiscal year.

Napco Security Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th will be given a $0.125 dividend. The ex-dividend date is Wednesday, March 12th. This represents a $0.50 annualized dividend and a dividend yield of 1.95%. Napco Security Technologies’s dividend payout ratio is presently 38.46%.

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.