XTX Topco Ltd Invests $672,000 in Napco Security Technologies, Inc. (NASDAQ:NSSC)

XTX Topco Ltd bought a new stake in shares of Napco Security Technologies, Inc. (NASDAQ:NSSCFree Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,597 shares of the industrial products company’s stock, valued at approximately $672,000.

Several other institutional investors also recently bought and sold shares of the stock. SG Americas Securities LLC boosted its stake in shares of Napco Security Technologies by 250.8% during the second quarter. SG Americas Securities LLC now owns 22,714 shares of the industrial products company’s stock valued at $1,180,000 after purchasing an additional 16,239 shares during the period. Thrivent Financial for Lutherans bought a new stake in Napco Security Technologies during the 3rd quarter valued at $2,644,000. Natixis Advisors LLC bought a new stake in Napco Security Technologies during the 2nd quarter valued at $6,141,000. Envestnet Asset Management Inc. boosted its position in Napco Security Technologies by 35.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 385,354 shares of the industrial products company’s stock valued at $20,019,000 after buying an additional 101,182 shares during the period. Finally, Copeland Capital Management LLC grew its holdings in Napco Security Technologies by 108.6% in the 3rd quarter. Copeland Capital Management LLC now owns 1,038,128 shares of the industrial products company’s stock worth $42,003,000 after acquiring an additional 540,436 shares during the last quarter. 85.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

NSSC has been the subject of a number of analyst reports. Needham & Company LLC increased their target price on shares of Napco Security Technologies from $52.00 to $57.00 and gave the stock a “buy” rating in a report on Tuesday, August 27th. Craig Hallum reduced their target price on Napco Security Technologies from $65.00 to $48.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Lake Street Capital dropped their price target on Napco Security Technologies from $60.00 to $41.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. StockNews.com raised shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Finally, DA Davidson decreased their price target on shares of Napco Security Technologies from $55.00 to $48.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Napco Security Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $47.14.

View Our Latest Stock Analysis on Napco Security Technologies

Napco Security Technologies Price Performance

NASDAQ:NSSC opened at $38.04 on Friday. The firm has a market capitalization of $1.40 billion, a P/E ratio of 27.97 and a beta of 1.62. Napco Security Technologies, Inc. has a one year low of $31.27 and a one year high of $58.09. The company’s 50-day simple moving average is $38.85 and its 200 day simple moving average is $45.64.

Napco Security Technologies (NASDAQ:NSSCGet Free Report) last issued its quarterly earnings results on Monday, November 4th. The industrial products company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.05). Napco Security Technologies had a return on equity of 29.56% and a net margin of 26.43%. The company had revenue of $44.00 million during the quarter, compared to the consensus estimate of $46.56 million. During the same period in the prior year, the firm earned $0.28 earnings per share. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, equities research analysts expect that Napco Security Technologies, Inc. will post 1.49 earnings per share for the current fiscal year.

Napco Security Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, December 12th will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.50 annualized dividend and a dividend yield of 1.31%. Napco Security Technologies’s payout ratio is presently 36.76%.

Napco Security Technologies Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Napco Security Technologies (NASDAQ:NSSC)

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