Franklin Resources Inc. Has $807,000 Stake in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Franklin Resources Inc. increased its holdings in Napco Security Technologies, Inc. (NASDAQ:NSSC) by 4.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 19,961 shares of the industrial products company’s stock after purchasing an additional 915 shares during the period. Franklin Resources Inc.’s holdings in Napco Security Technologies were worth $807,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Copeland Capital Management LLC lifted its position in Napco Security Technologies by 108.6% in the 3rd 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. FMR LLC boosted its stake in shares of Napco Security Technologies by 30.8% in 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. Emerald Advisers LLC increased its position in shares of Napco Security Technologies by 118.3% during the second quarter. Emerald Advisers LLC now owns 488,583 shares of the industrial products company’s stock valued at $25,382,000 after acquiring an additional 264,789 shares during the last quarter. Emerald Mutual Fund Advisers Trust grew its position in Napco Security Technologies by 170.8% during the second quarter. Emerald Mutual Fund Advisers Trust now owns 399,936 shares of the industrial products company’s stock valued at $20,777,000 after buying an additional 252,252 shares during the period. Finally, Divisadero Street Capital Management LP boosted its stake in Napco Security Technologies by 118.2% in the second quarter. Divisadero Street Capital Management LP now owns 394,804 shares of the industrial products company’s stock valued at $20,510,000 after acquiring an additional 213,838 shares during the last quarter. 85.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Napco Security Technologies Stock Down 2.1 %

Shares of NASDAQ:NSSC opened at $35.50 on Monday. The stock has a market cap of $1.30 billion, a PE ratio of 26.10 and a beta of 1.62. The company’s fifty day moving average is $38.05 and its 200 day moving average is $44.48. Napco Security Technologies, Inc. has a 52 week low of $31.27 and a 52 week high of $58.09.

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

Napco Security Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Thursday, December 12th will be paid a $0.125 dividend. The ex-dividend date is Thursday, December 12th. This represents a $0.50 annualized dividend and a dividend yield of 1.41%. Napco Security Technologies’s payout ratio is presently 36.76%.

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.