State Street Corp Cuts Holdings in National Presto Industries, Inc. (NYSE:NPK)

State Street Corp lowered its position in National Presto Industries, Inc. (NYSE:NPK) by 6.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 271,808 shares of the conglomerate’s stock after selling 19,355 shares during the period. State Street Corp’s holdings in National Presto Industries were worth $20,424,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Dimensional Fund Advisors LP raised its holdings in National Presto Industries by 5.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 344,347 shares of the conglomerate’s stock worth $25,871,000 after purchasing an additional 16,288 shares during the period. Renaissance Technologies LLC raised its stake in shares of National Presto Industries by 30.3% during the 2nd quarter. Renaissance Technologies LLC now owns 246,700 shares of the conglomerate’s stock worth $18,535,000 after buying an additional 57,300 shares during the period. Hotchkis & Wiley Capital Management LLC lifted its position in shares of National Presto Industries by 4.5% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 81,058 shares of the conglomerate’s stock valued at $6,091,000 after buying an additional 3,500 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in National Presto Industries by 12.6% in the 3rd quarter. Exchange Traded Concepts LLC now owns 22,942 shares of the conglomerate’s stock valued at $1,724,000 after acquiring an additional 2,571 shares during the period. Finally, International Assets Investment Management LLC grew its stake in National Presto Industries by 7,414.0% in the 3rd quarter. International Assets Investment Management LLC now owns 22,542 shares of the conglomerate’s stock valued at $1,694,000 after acquiring an additional 22,242 shares during the period. 58.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com cut shares of National Presto Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, December 3rd.

National Presto Industries Stock Up 0.6 %

NPK opened at $94.00 on Tuesday. National Presto Industries, Inc. has a twelve month low of $69.58 and a twelve month high of $94.38. The company has a market cap of $667.40 million, a PE ratio of 19.79 and a beta of 0.59. The company has a 50-day moving average price of $80.39 and a 200 day moving average price of $76.37.

About National Presto Industries

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.