Physician Wealth Advisors Inc. Makes New $63,000 Investment in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Physician Wealth Advisors Inc. purchased a new stake in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,765 shares of the industrial products company’s stock, valued at approximately $63,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of NSSC. Charles Schwab Investment Management Inc. boosted its position in Napco Security Technologies by 30.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 359,103 shares of the industrial products company’s stock worth $14,529,000 after purchasing an additional 83,871 shares during the last quarter. FMR LLC grew its position in Napco Security Technologies by 30.8% during the third quarter. FMR LLC now owns 2,102,688 shares of the industrial products company’s stock valued at $85,075,000 after buying an additional 494,988 shares during the period. BNP Paribas Financial Markets increased its holdings in Napco Security Technologies by 5.6% during the third quarter. BNP Paribas Financial Markets now owns 120,595 shares of the industrial products company’s stock valued at $4,879,000 after buying an additional 6,394 shares during the last quarter. Glenmede Trust Co. NA raised its position in Napco Security Technologies by 14.6% in the third quarter. Glenmede Trust Co. NA now owns 9,165 shares of the industrial products company’s stock worth $371,000 after acquiring an additional 1,165 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Napco Security Technologies by 215.7% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,640 shares of the industrial products company’s stock worth $795,000 after acquiring an additional 13,418 shares during the last quarter. 85.07% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. TD Cowen downgraded Napco Security Technologies from a “buy” rating to a “hold” rating and lowered their target price for the company from $46.00 to $27.00 in a research report on Tuesday, February 4th. StockNews.com raised shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. Cowen cut shares of Napco Security Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Craig Hallum cut shares of Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 target price on the stock. in a research note on Tuesday, February 4th. Finally, Lake Street Capital cut their price target on Napco Security Technologies from $30.00 to $28.00 and set a “buy” rating for the company in a research note on Tuesday, March 25th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Napco Security Technologies presently has a consensus rating of “Hold” and a consensus target price of $35.50.

Napco Security Technologies Stock Down 0.3 %

Shares of NASDAQ:NSSC opened at $23.02 on Tuesday. The firm has a fifty day simple moving average of $26.91 and a two-hundred day simple moving average of $34.15. The stock has a market capitalization of $837.95 million, a P/E ratio of 17.71 and a beta of 1.59. Napco Security Technologies, Inc. has a 52 week low of $22.36 and a 52 week high of $58.09.

Napco Security Technologies (NASDAQ:NSSC) last posted its quarterly earnings data 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 company had revenue of $42.90 million during the quarter, compared to the consensus estimate of $49.93 million. Napco Security Technologies had a net margin of 25.94% and a return on equity of 27.65%. Napco Security Technologies’s revenue for the quarter was down 9.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.34 earnings per share. On average, analysts expect that Napco Security Technologies, Inc. will post 1.24 earnings per share for the current year.

Napco Security Technologies Dividend Announcement

The company also recently disclosed 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. This represents a $0.50 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date of this dividend is Wednesday, March 12th. Napco Security Technologies’s dividend payout ratio (DPR) is 38.46%.

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.