Bridge City Capital LLC Has $2.46 Million Stock Position in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Bridge City Capital LLC raised its holdings in Napco Security Technologies, Inc. (NASDAQ:NSSC) by 1.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 69,250 shares of the industrial products company’s stock after buying an additional 667 shares during the quarter. Bridge City Capital LLC owned 0.19% of Napco Security Technologies worth $2,463,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of NSSC. KBC Group NV increased its stake in Napco Security Technologies by 61.4% in the third quarter. KBC Group NV now owns 1,115 shares of the industrial products company’s stock valued at $45,000 after acquiring an additional 424 shares during the period. Truvestments Capital LLC lifted its stake in shares of Napco Security Technologies by 6.7% during the fourth quarter. Truvestments Capital LLC now owns 7,009 shares of the industrial products company’s stock valued at $249,000 after acquiring an additional 443 shares during the period. First Horizon Advisors Inc. boosted its stake in shares of Napco Security Technologies by 109.7% in 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 during the last quarter. Isthmus Partners LLC grew its holdings in Napco Security Technologies by 0.7% during the 4th quarter. Isthmus Partners LLC now owns 87,363 shares of the industrial products company’s stock worth $3,107,000 after acquiring an additional 650 shares during the period. Finally, Franklin Resources Inc. grew its stake in shares of Napco Security Technologies by 4.8% during the third quarter. Franklin Resources Inc. now owns 19,961 shares of the industrial products company’s stock worth $807,000 after purchasing an additional 915 shares during the period. Institutional investors own 85.07% of the company’s stock.

Analyst Upgrades and Downgrades

NSSC has been the subject of several recent analyst reports. Lake Street Capital set a $30.00 price target on Napco Security Technologies and gave the stock a “buy” rating in a report on Tuesday, February 4th. TD Cowen cut shares of Napco Security Technologies from a “buy” rating to a “hold” rating and dropped their target price for the company from $46.00 to $27.00 in a report on Tuesday, February 4th. Needham & Company LLC reduced their price target on Napco Security Technologies from $40.00 to $37.00 and set a “buy” rating for the company in a research note on Friday. StockNews.com upgraded Napco Security Technologies from a “sell” rating to a “hold” rating in a research note 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 price objective on the stock. in a research note 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 data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $35.83.

Napco Security Technologies Stock Performance

NASDAQ NSSC opened at $23.94 on Friday. The company has a fifty day moving average of $28.20 and a 200-day moving average of $34.72. Napco Security Technologies, Inc. has a 52-week low of $23.00 and a 52-week high of $58.09. The company has a market capitalization of $871.44 million, a P/E ratio of 18.42 and a beta of 1.59.

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 the consensus estimate of $0.34 by ($0.06). The firm had revenue of $42.90 million during 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%. The firm’s revenue for the quarter was down 9.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.34 EPS. As a group, analysts forecast that Napco Security Technologies, Inc. will post 1.24 EPS for the current fiscal year.

Napco Security Technologies Announces Dividend

The firm also recently announced 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. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date is Wednesday, March 12th. Napco Security Technologies’s dividend payout ratio is presently 38.46%.

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.