Napco Security Technologies, Inc. (NASDAQ:NSSC) Shares Acquired by Barclays PLC

Barclays PLC raised its position in Napco Security Technologies, Inc. (NASDAQ:NSSC) by 266.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,085 shares of the industrial products company’s stock after purchasing an additional 45,122 shares during the period. Barclays PLC’s holdings in Napco Security Technologies were worth $2,511,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of NSSC. FMR LLC lifted its position in shares of Napco Security Technologies by 30.8% during the 3rd quarter. FMR LLC now owns 2,102,688 shares of the industrial products company’s stock worth $85,075,000 after buying an additional 494,988 shares during the last quarter. Copeland Capital Management LLC boosted its stake in Napco Security Technologies by 108.6% in 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 in the last quarter. State Street Corp increased its position 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 worth $31,790,000 after purchasing an additional 16,931 shares in the last quarter. Emerald Advisers LLC lifted its holdings in shares of Napco Security Technologies by 4.0% in the 3rd quarter. Emerald Advisers LLC now owns 508,257 shares of the industrial products company’s stock valued at $20,564,000 after purchasing an additional 19,674 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its position in shares of Napco Security Technologies by 35.2% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 439,421 shares of the industrial products company’s stock valued at $17,779,000 after purchasing an additional 114,346 shares during the period. Hedge funds and other institutional investors own 85.07% of the company’s stock.

Napco Security Technologies Stock Up 1.0 %

NASDAQ:NSSC opened at $36.09 on Thursday. The firm’s fifty day simple moving average is $38.40 and its 200-day simple moving average is $44.79. Napco Security Technologies, Inc. has a fifty-two week low of $31.27 and a fifty-two week high of $58.09. The stock has a market cap of $1.32 billion, a PE ratio of 26.54 and a beta of 1.62.

Napco Security Technologies (NASDAQ:NSSC) last announced its quarterly earnings results on Monday, November 4th. The industrial products company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.05). Napco Security Technologies had a return on equity of 29.56% and a net margin of 26.43%. The firm had revenue of $44.00 million for the quarter, compared to analysts’ expectations of $46.56 million. During the same period last year, the firm earned $0.28 EPS. Napco Security Technologies’s revenue was up 5.5% compared to the same quarter last year. Equities analysts anticipate that Napco Security Technologies, Inc. will post 1.49 earnings per share for the current year.

Napco Security Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, December 12th will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date is Thursday, December 12th. Napco Security Technologies’s dividend payout ratio is currently 36.76%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Lake Street Capital reduced their price objective on Napco Security Technologies from $60.00 to $41.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Craig Hallum decreased their price target on shares of Napco Security Technologies from $65.00 to $48.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. StockNews.com raised shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. DA Davidson lowered their price target on Napco Security Technologies from $55.00 to $48.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Finally, TD Cowen dropped their target price on Napco Security Technologies from $60.00 to $46.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $47.14.

Napco Security Technologies Company 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.