Versor Investments LP Has $164,000 Holdings in NPK International Inc. $NPKI

Versor Investments LP lessened its position in shares of NPK International Inc. (NYSE:NPKI) by 72.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,500 shares of the company’s stock after selling 37,300 shares during the period. Versor Investments LP’s holdings in NPK International were worth $164,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in NPKI. Nisa Investment Advisors LLC acquired a new stake in NPK International during the second quarter worth approximately $45,000. PNC Financial Services Group Inc. acquired a new position in NPK International in the 2nd quarter valued at $184,000. Campbell & CO Investment Adviser LLC bought a new stake in shares of NPK International during the 2nd quarter valued at $248,000. 49 Wealth Management LLC acquired a new stake in shares of NPK International during the 2nd quarter worth $220,000. Finally, Geode Capital Management LLC acquired a new stake in shares of NPK International during the 2nd quarter worth $19,874,000. Institutional investors own 80.81% of the company’s stock.

Analysts Set New Price Targets

NPKI has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NPK International in a research note on Monday, December 29th. Wall Street Zen cut shares of NPK International from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Finally, HC Wainwright upped their price target on shares of NPK International from $12.00 to $18.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $14.17.

NPK International Stock Up 3.5%

Shares of NYSE NPKI opened at $14.44 on Friday. The company has a market cap of $1.22 billion, a price-to-earnings ratio of 37.99 and a beta of 1.29. The company has a current ratio of 2.20, a quick ratio of 2.00 and a debt-to-equity ratio of 0.02. NPK International Inc. has a 12 month low of $4.76 and a 12 month high of $15.05. The stock has a 50-day moving average price of $13.16 and a two-hundred day moving average price of $11.88.

NPK International Profile

NPK International, Inc (NYSE: NPKI) is a specialty chemical distributor supplying a broad range of industrial and performance materials across diverse end-markets. Its product portfolio includes acetic acid and derivatives, alcohols, ketones, esters, glycol ethers, glycols, specialty solvents, select inorganic chemicals and crop-protection intermediates. These materials serve industries such as coatings, adhesives and sealants, oil and gas, personal care, pharmaceuticals, agrochemicals and water treatment.

The company places a strong emphasis on supply-chain security and technical service, maintaining warehousing, logistics support and laboratory capabilities at its regional distribution centers.