Napco Security Technologies, Inc. (NASDAQ:NSSC) Holdings Lifted by Alliancebernstein L.P.

Alliancebernstein L.P. boosted its holdings in Napco Security Technologies, Inc.

(NASDAQ:NSSC – Free Report) by 2.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,441 shares of the industrial products company’s stock after acquiring an additional 939 shares during the quarter.



Alliancebernstein L.P. owned 0.

10% of Napco Security Technologies worth $1,331,000 at the end of the most recent quarter. Several other hedge funds have also recently added to or reduced their stakes in NSSC. Truvestments Capital LLC lifted its stake in Napco Security Technologies by 6.

7% during the fourth quarter. Truvestments Capital LLC now owns 7,009 shares of the industrial products company’s stock valued at $249,000 after purchasing an additional 443 shares during the last quarter. Isthmus Partners LLC raised its position in Napco Security Technologies by 0.

7% during the fourth quarter. Isthmus Partners LLC now owns 87,363 shares of the industrial products company’s stock valued at $3,107,000 after buying an additional 650 shares during the period. Bridge City Capital LLC lifted its position in shares of Napco Security Technologies by 1.

0% in the fourth quarter. Bridge City Capital LLC now owns 69,250 shares of the industrial products company’s stock worth $2,463,000 after purchasing an additional 667 shares in the last quarter. New Age Alpha Advisors LLC acquired a new stake in shares of Napco Security Technologies during the 4th quarter valued at $32,000.

Finally, Franklin Resources Inc. grew its stake in Napco Security Technologies by 4.8% in the third quarter.

Franklin Resources Inc. now owns 19,961 shares of the industrial products company’s stock valued at $807,000 after purchasing an additional 915 shares in the last quarter. Institutional investors own 85.

07% of the company’s stock. Napco Security Technologies Stock PerformanceShares of NSSC opened at $21.69 on Friday.

The firm has a market capitalization of $789.54 million, a price-to-earnings ratio of 16.68 and a beta of 1.

51. Napco Security Technologies, Inc. has a 52 week low of $19.

00 and a 52 week high of $58.09. The business’s fifty day moving average price is $23.

66 and its two-hundred day moving average price is $32.30. Napco Security Technologies (NASDAQ:NSSC – Get Free Report) last announced its quarterly earnings data on Monday, February 3rd.

The industrial products company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.

06). Napco Security Technologies had a net margin of 25.94% and a return on equity of 27.

65%. The business had revenue of $42.90 million during the quarter, compared to analyst estimates of $49.

93 million. The company’s quarterly revenue was down 9.3% on a year-over-year basis.

During the same quarter in the prior year, the company earned $0.34 earnings per share. As a group, research analysts forecast that Napco Security Technologies, Inc.

will post 1.24 EPS for the current year. Napco Security Technologies Announces DividendThe company also recently declared 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 was Wednesday, March 12th.

This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.31%.

Napco Security Technologies’s dividend payout ratio is 38.46%. Analyst Ratings ChangesSeveral equities analysts have weighed in on the company.

Craig Hallum lowered Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 target price on the stock. in a report on Tuesday, February 4th.

Needham & Company LLC decreased their price target on shares of Napco Security Technologies from $40.00 to $37.00 and set a “buy” rating on the stock in a research report on Friday, March 21st.

TD Cowen cut Napco Security Technologies from a “buy” rating to a “hold” rating and lowered their price objective for the company from $46.00 to $27.00 in a research report on Tuesday, February 4th.

Lake Street Capital dropped their price target on shares of Napco Security Technologies from $30.00 to $28.00 and set a “buy” rating for the company in a research report on Tuesday, March 25th.

Finally, Cowen cut Napco Security Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, February 4th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.

com, Napco Security Technologies presently has an average rating of “Hold” and an average price target of $35.50.Get Our Latest Stock Analysis on Napco Security TechnologiesNapco Security Technologies Profile (Free Report)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.Further ReadingFive stocks we like better than Napco Security TechnologiesHigh Flyers: 3 Natural Gas Stocks for March 20223 Mid-Cap to Mega-Cap Stocks Have Announced Significant Buybacks3 Grocery Stocks That Are Proving They Are Still Essential These 3 Stocks Have Huge Last 12 Months Shareholder YieldsWhy Are These Companies Considered Blue Chips?Prominent Hedge Fund Acquires Huge Stake in HPE: Is It a Buy Now?.