AlphaQuest LLC Has $335,000 Position in Napco Security Technologies, Inc. (NASDAQ:NSSC)

AlphaQuest LLC increased its position in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) by 38.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,425 shares of the industrial products company’s stock after acquiring an additional 2,639 shares during the period. AlphaQuest LLC’s holdings in Napco Security Technologies were worth $335,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in Napco Security Technologies during the fourth quarter worth $220,000. Aigen Investment Management LP acquired a new position in shares of Napco Security Technologies during the 4th quarter worth $318,000. Victory Capital Management Inc. lifted its position in shares of Napco Security Technologies by 75.7% during the 4th quarter. Victory Capital Management Inc. now owns 62,983 shares of the industrial products company’s stock worth $2,240,000 after buying an additional 27,145 shares during the last quarter. Alta Capital Management LLC boosted its stake in Napco Security Technologies by 6.5% in the fourth quarter. Alta Capital Management LLC now owns 399,599 shares of the industrial products company’s stock valued at $14,210,000 after buying an additional 24,226 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in Napco Security Technologies by 4.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 375,551 shares of the industrial products company’s stock valued at $13,355,000 after acquiring an additional 16,448 shares during the last quarter. Institutional investors and hedge funds own 85.07% of the company’s stock.

Napco Security Technologies Stock Up 2.0 %

Shares of Napco Security Technologies stock opened at $25.19 on Friday. The stock has a market cap of $916.94 million, a price-to-earnings ratio of 19.38 and a beta of 1.59. Napco Security Technologies, Inc. has a twelve month low of $23.00 and a twelve month high of $58.09. The company’s fifty day moving average is $29.46 and its 200 day moving average is $35.69.

Napco Security Technologies (NASDAQ:NSSC) last released its quarterly earnings results on Monday, February 3rd. The industrial products company reported $0.28 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 the consensus estimate of $49.93 million. During the same quarter last year, the firm posted $0.34 EPS. The company’s quarterly revenue was down 9.3% on a year-over-year basis. As a group, equities analysts anticipate that Napco Security Technologies, Inc. will post 1.24 earnings per share for the current fiscal year.

Napco Security Technologies Dividend Announcement

The company 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 dividend on an annualized basis and a dividend yield of 1.98%. Napco Security Technologies’s dividend payout ratio (DPR) is currently 38.46%.

Analyst Ratings Changes

NSSC has been the subject of a number of research reports. StockNews.com raised shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. Needham & Company LLC cut their target price 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. Cowen cut 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 price target on Napco Security Technologies and gave the company a “buy” rating in a research note on Tuesday, February 4th. Finally, TD Cowen lowered Napco Security Technologies from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $46.00 to $27.00 in a research report on Tuesday, February 4th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $36.33.

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.