Jump Financial LLC Makes New $308,000 Investment in National Presto Industries, Inc. (NYSE:NPK)

Jump Financial LLC acquired a new stake in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,125 shares of the conglomerate's stock, valued at approximately $308,000.

Several other hedge funds also recently made changes to their positions in NPK. PNC Financial Services Group Inc. raised its holdings in National Presto Industries by 50.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 362 shares of the conglomerate's stock worth $36,000 after buying an additional 121 shares during the period. US Bancorp DE raised its position in National Presto Industries by 11.6% during the fourth quarter. US Bancorp DE now owns 1,616 shares of the conglomerate's stock valued at $159,000 after buying an additional 168 shares during the period. Martingale Asset Management L P lifted its stake in National Presto Industries by 2.3% in the 4th quarter. Martingale Asset Management L P now owns 8,915 shares of the conglomerate's stock worth $877,000 after acquiring an additional 200 shares in the last quarter. Teacher Retirement System of Texas boosted its position in National Presto Industries by 1.8% during the 4th quarter. Teacher Retirement System of Texas now owns 12,104 shares of the conglomerate's stock worth $1,191,000 after acquiring an additional 210 shares during the period. Finally, Sei Investments Co. grew its stake in National Presto Industries by 9.5% during the 4th quarter. Sei Investments Co. now owns 3,444 shares of the conglomerate's stock valued at $339,000 after acquiring an additional 300 shares in the last quarter. Institutional investors and hedge funds own 58.57% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of National Presto Industries from a "hold" rating to a "buy" rating in a research report on Tuesday, March 18th.

National Presto Industries Stock Up 0.7 %

Shares of NYSE:NPK traded up $0.57 during trading on Friday, reaching $85.73. 3,158 shares of the company traded hands, compared to its average volume of 38,306. The firm has a fifty day simple moving average of $88.26 and a 200 day simple moving average of $88.41. National Presto Industries, Inc. has a 1-year low of $69.58 and a 1-year high of $103.93. The firm has a market cap of $612.42 million, a P/E ratio of 18.05 and a beta of 0.55.

National Presto Industries (NYSE:NPK - Get Free Report) last issued its earnings results on Friday, March 14th. The conglomerate reported $2.91 EPS for the quarter. National Presto Industries had a return on equity of 9.88% and a net margin of 9.63%. The firm had revenue of $134.69 million for the quarter.

National Presto Industries Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Monday, March 17th. Shareholders of record on Tuesday, March 4th were paid a $1.00 dividend. This represents a yield of 1%. The ex-dividend date of this dividend was Tuesday, March 4th. National Presto Industries's dividend payout ratio (DPR) is presently 17.21%.

About National Presto Industries

National Presto Industries, Inc provides housewares and small appliance, defense, and safety products in North America. The company's Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; vacuum sealers; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric knife sharpeners; and timers under the Presto Control Master brand.