National Presto Industries, Inc. (NYSE:NPK) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC decreased its holdings in shares of National Presto Industries, Inc. (NYSE:NPK) by 5.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,240 shares of the conglomerate’s stock after selling 200 shares during the quarter. Los Angeles Capital Management LLC’s holdings in National Presto Industries were worth $243,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of NPK. Gamco Investors INC. ET AL raised its holdings in National Presto Industries by 77.5% in the 1st quarter. Gamco Investors INC. ET AL now owns 47,565 shares of the conglomerate’s stock valued at $3,986,000 after acquiring an additional 20,765 shares during the last quarter. Steel Partners Holdings L.P. acquired a new stake in shares of National Presto Industries in the fourth quarter valued at approximately $1,009,000. Penn Mutual Asset Management LLC lifted its position in National Presto Industries by 72.5% during the fourth quarter. Penn Mutual Asset Management LLC now owns 27,344 shares of the conglomerate’s stock worth $2,195,000 after buying an additional 11,494 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in National Presto Industries by 3.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 322,275 shares of the conglomerate’s stock worth $25,872,000 after buying an additional 9,534 shares during the last quarter. Finally, Quadrature Capital Ltd grew its holdings in National Presto Industries by 230.2% in the 1st quarter. Quadrature Capital Ltd now owns 8,243 shares of the conglomerate’s stock valued at $691,000 after buying an additional 5,747 shares in the last quarter. 58.57% of the stock is currently owned by institutional investors and hedge funds.

National Presto Industries Trading Up 1.7 %

NYSE NPK opened at $76.69 on Monday. The stock has a fifty day simple moving average of $74.83 and a 200-day simple moving average of $76.90. The stock has a market cap of $544.50 million, a PE ratio of 16.93 and a beta of 0.57. National Presto Industries, Inc. has a twelve month low of $69.58 and a twelve month high of $86.08.

National Presto Industries (NYSE:NPK) last announced its earnings results on Thursday, August 1st. The conglomerate reported $0.85 earnings per share for the quarter. The company had revenue of $85.06 million during the quarter. National Presto Industries had a net margin of 9.56% and a return on equity of 9.59%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of National Presto Industries from a “hold” rating to a “buy” rating in a research report on Thursday, July 11th.

National Presto Industries Profile

National Presto Industries, Inc provides housewares and small appliance, defense, and safety products in North America. The company's Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; vacuum sealers; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric knife sharpeners; and timers under the Presto Control Master brand.