Linden Thomas Advisory Services LLC Purchases 4,265 Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC)

Linden Thomas Advisory Services LLC increased its position in Napco Security Technologies, Inc. (NASDAQ:NSSC) by 21.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,579 shares of the industrial products company’s stock after purchasing an additional 4,265 shares during the quarter. Linden Thomas Advisory Services LLC owned approximately 0.07% of Napco Security Technologies worth $874,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Thrivent Financial for Lutherans bought a new position in shares of Napco Security Technologies during the third quarter valued at $2,644,000. State Street Corp lifted its holdings in shares of Napco Security Technologies by 2.2% during the third quarter. State Street Corp now owns 783,327 shares of the industrial products company’s stock valued at $31,790,000 after acquiring an additional 16,931 shares during the period. XTX Topco Ltd bought a new position in shares of Napco Security Technologies during the third quarter valued at $672,000. Barclays PLC lifted its holdings in shares of Napco Security Technologies by 266.0% during the third quarter. Barclays PLC now owns 62,085 shares of the industrial products company’s stock valued at $2,511,000 after acquiring an additional 45,122 shares during the period. Finally, Copeland Capital Management LLC lifted its holdings in shares of Napco Security Technologies by 108.6% during the third quarter. Copeland Capital Management LLC now owns 1,038,128 shares of the industrial products company’s stock valued at $42,003,000 after acquiring an additional 540,436 shares during the period. 85.07% of the stock is owned by institutional investors.

Napco Security Technologies Stock Down 1.1 %

Shares of NSSC stock opened at $36.54 on Monday. The stock has a 50-day moving average price of $36.81 and a 200 day moving average price of $42.04. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 26.87 and a beta of 1.65. Napco Security Technologies, Inc. has a 12 month low of $31.77 and a 12 month high of $58.09.

Napco Security Technologies (NASDAQ:NSSC) last announced its quarterly earnings data 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). The firm had revenue of $44.00 million during the quarter, compared to analyst estimates of $46.56 million. Napco Security Technologies had a return on equity of 29.56% and a net margin of 26.43%. Napco Security Technologies’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.28 earnings per share. Sell-side analysts predict that Napco Security Technologies, Inc. will post 1.55 earnings per share for the current fiscal year.

Napco Security Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Thursday, December 12th were given a $0.125 dividend. The ex-dividend date was Thursday, December 12th. This represents a $0.50 dividend on an annualized basis and a yield of 1.37%. Napco Security Technologies’s payout ratio is 36.76%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Craig Hallum cut their price objective on Napco Security Technologies from $65.00 to $48.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. StockNews.com raised Napco Security Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. TD Cowen cut their price target on Napco Security Technologies from $60.00 to $46.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. DA Davidson cut their price target on Napco Security Technologies from $55.00 to $48.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $52.00 price target on shares of Napco Security Technologies in a report on Thursday, January 16th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $46.43.

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.