Linden Thomas Advisory Services LLC Has $874,000 Position in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Linden Thomas Advisory Services LLC raised its stake in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) by 21.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,579 shares of the industrial products company’s stock after buying an additional 4,265 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Napco Security Technologies were worth $874,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Quarry LP grew its position in shares of Napco Security Technologies by 91.2% during the 2nd quarter. Quarry LP now owns 654 shares of the industrial products company’s stock worth $34,000 after buying an additional 312 shares during the period. Farther Finance Advisors LLC grew its position in shares of Napco Security Technologies by 72,300.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 724 shares of the industrial products company’s stock worth $29,000 after buying an additional 723 shares during the period. First Horizon Advisors Inc. grew its position in shares of Napco Security Technologies by 109.7% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,107 shares of the industrial products company’s stock worth $45,000 after buying an additional 579 shares during the period. KBC Group NV grew its position in shares of Napco Security Technologies by 61.4% in the 3rd quarter. KBC Group NV now owns 1,115 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 424 shares during the period. Finally, Huntington National Bank grew its position in shares of Napco Security Technologies by 54.7% in the 3rd quarter. Huntington National Bank now owns 1,777 shares of the industrial products company’s stock valued at $72,000 after purchasing an additional 628 shares during the period. 85.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on NSSC shares. Craig Hallum decreased their price objective on Napco Security Technologies from $65.00 to $48.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. 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 research report on Tuesday, November 5th. DA Davidson decreased their price objective on Napco Security Technologies from $55.00 to $48.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Needham & Company LLC reiterated a “buy” rating and issued a $52.00 price objective on shares of Napco Security Technologies in a research report on Thursday, January 16th. Finally, StockNews.com upgraded Napco Security Technologies from a “sell” rating to a “hold” rating in a research report on Tuesday, December 3rd. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $46.43.

Napco Security Technologies Stock Performance

NASDAQ NSSC opened at $36.54 on Monday. The stock has a market capitalization of $1.34 billion, a price-to-earnings ratio of 26.87 and a beta of 1.65. The stock’s 50 day moving average price is $36.81 and its two-hundred day moving average price is $42.04. Napco Security Technologies, Inc. has a 52 week low of $31.77 and a 52 week high of $58.09.

Napco Security Technologies (NASDAQ:NSSC) last announced its quarterly earnings data on Monday, November 4th. The industrial products company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $44.00 million for the quarter, compared to the consensus estimate of $46.56 million. During the same quarter in the prior year, the company earned $0.28 EPS. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, equities research analysts forecast that Napco Security Technologies, Inc. will post 1.55 EPS for the current year.

Napco Security Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Thursday, December 12th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend was Thursday, December 12th. Napco Security Technologies’s dividend payout ratio is currently 36.76%.

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.