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

First National Advisers LLC raised its holdings in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) by 5.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 82,160 shares of the industrial products company’s stock after buying an additional 4,538 shares during the period. First National Advisers LLC’s holdings in Napco Security Technologies were worth $2,922,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of NSSC. Farther Finance Advisors LLC increased its stake in 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 in the last quarter. First Horizon Advisors Inc. increased its stake 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 valued at $45,000 after purchasing an additional 579 shares in the last quarter. KBC Group NV grew its stake in shares of Napco Security Technologies by 61.4% in the 3rd quarter. KBC Group NV now owns 1,115 shares of the industrial products company’s stock worth $45,000 after acquiring an additional 424 shares in the last quarter. Huntington National Bank grew its stake in shares of Napco Security Technologies by 54.7% in the 3rd quarter. Huntington National Bank now owns 1,777 shares of the industrial products company’s stock worth $72,000 after acquiring an additional 628 shares in the last quarter. Finally, Arcadia Investment Management Corp MI bought a new stake in shares of Napco Security Technologies in the 4th quarter worth $86,000. Institutional investors own 85.07% of the company’s stock.

Napco Security Technologies Stock Performance

Shares of NASDAQ:NSSC opened at $25.19 on Friday. The company’s 50-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 P/E ratio of 19.38 and a beta of 1.59. Napco Security Technologies, Inc. has a fifty-two week low of $23.00 and a fifty-two week high of $58.09.

Napco Security Technologies (NASDAQ:NSSC) last issued its earnings results on Monday, February 3rd. The industrial products company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.06). The business had revenue of $42.90 million for the quarter, compared to the consensus estimate of $49.93 million. Napco Security Technologies had a return on equity of 27.65% and a net margin of 25.94%. Napco Security Technologies’s revenue for the quarter was down 9.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.34 EPS. As a group, research analysts predict that Napco Security Technologies, Inc. will post 1.24 earnings per share for the current year.

Napco Security Technologies Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on NSSC. Craig Hallum lowered 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 research note on Tuesday, February 4th. Cowen lowered shares of Napco Security Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. 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 note on Tuesday, February 4th. StockNews.com upgraded shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Finally, TD Cowen lowered shares of Napco Security Technologies from a “buy” rating to a “hold” rating and reduced their target price for the stock from $46.00 to $27.00 in a research note on Tuesday, February 4th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target 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.