Coppell Advisory Solutions LLC Acquires New Shares in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Coppell Advisory Solutions LLC acquired a new position in Napco Security Technologies, Inc. (NASDAQ:NSSC) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,525 shares of the industrial products company’s stock, valued at approximately $89,000.

Several other hedge funds have also recently bought and sold shares of NSSC. Barclays PLC boosted its stake in shares of Napco Security Technologies by 266.0% during the 3rd quarter. Barclays PLC now owns 62,085 shares of the industrial products company’s stock worth $2,511,000 after acquiring an additional 45,122 shares in the last quarter. Truist Financial Corp boosted its position in Napco Security Technologies by 4.4% during the fourth quarter. Truist Financial Corp now owns 27,420 shares of the industrial products company’s stock worth $975,000 after purchasing an additional 1,168 shares during the period. Annex Advisory Services LLC grew its holdings in Napco Security Technologies by 4.1% during the fourth quarter. Annex Advisory Services LLC now owns 316,171 shares of the industrial products company’s stock valued at $11,243,000 after purchasing an additional 12,366 shares during the last quarter. Teacher Retirement System of Texas raised its position in shares of Napco Security Technologies by 6.4% in the fourth quarter. Teacher Retirement System of Texas now owns 44,370 shares of the industrial products company’s stock valued at $1,578,000 after purchasing an additional 2,670 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Napco Security Technologies by 74.6% in the third quarter. JPMorgan Chase & Co. now owns 67,795 shares of the industrial products company’s stock worth $2,743,000 after buying an additional 28,962 shares during the last quarter. 85.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently issued reports on NSSC. Lake Street Capital lowered their target price on shares of Napco Security Technologies from $30.00 to $28.00 and set a “buy” rating on the stock in a research note on Tuesday, March 25th. Cowen downgraded Napco Security Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Craig Hallum downgraded Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 target price for the company. in a research note on Tuesday, February 4th. TD Cowen downgraded Napco Security Technologies from a “buy” rating to a “hold” rating and dropped their price target for the stock from $46.00 to $27.00 in a research report on Tuesday, February 4th. Finally, Needham & Company LLC reduced their price objective on Napco Security Technologies from $40.00 to $37.00 and set a “buy” rating for the company in a research report on Friday, March 21st. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, Napco Security Technologies presently has an average rating of “Hold” and a consensus price target of $35.50.

Napco Security Technologies Trading Up 0.5 %

Shares of NSSC stock opened at $22.88 on Friday. The company has a market capitalization of $832.85 million, a P/E ratio of 17.60 and a beta of 1.51. Napco Security Technologies, Inc. has a 12 month low of $19.00 and a 12 month high of $58.09. The stock has a 50 day moving average of $23.25 and a two-hundred day moving average of $31.62.

Napco Security Technologies (NASDAQ:NSSC) last issued its earnings results on Monday, February 3rd. The industrial products company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.06). The firm had revenue of $42.90 million during the quarter, compared to the consensus estimate of $49.93 million. Napco Security Technologies had a return on equity of 27.65% and a net margin of 25.94%. The firm’s revenue for the quarter was down 9.3% compared to the same quarter last year. During the same period last year, the business earned $0.34 earnings per share. Sell-side analysts predict that Napco Security Technologies, Inc. will post 1.24 earnings per share for the current fiscal year.

Napco Security Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $0.50 annualized dividend and a dividend yield of 2.19%. Napco Security Technologies’s dividend payout ratio (DPR) is currently 38.46%.

About Napco Security Technologies

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.