Doma Perpetual Capital Management LLC Boosts Stake in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Doma Perpetual Capital Management LLC increased its position in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC - Free Report) by 8.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 766,532 shares of the industrial products company's stock after acquiring an additional 59,496 shares during the period. Napco Security Technologies comprises approximately 13.6% of Doma Perpetual Capital Management LLC's portfolio, making the stock its 5th biggest holding. Doma Perpetual Capital Management LLC owned about 2.09% of Napco Security Technologies worth $27,258,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of NSSC. Barclays PLC increased 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 purchasing an additional 45,122 shares during the last quarter. Truist Financial Corp boosted its holdings in Napco Security Technologies by 4.4% in 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 in the last quarter. Annex Advisory Services LLC increased its position 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 worth $11,243,000 after buying an additional 12,366 shares during the last quarter. Teacher Retirement System of Texas raised its holdings in Napco Security Technologies by 6.4% during 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 buying an additional 2,670 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position 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. Institutional investors and hedge funds own 85.07% of the company's stock.

Napco Security Technologies Price Performance

NSSC stock traded up $0.11 on Friday, reaching $22.88. 249,154 shares of the company were exchanged, compared to its average volume of 506,103. Napco Security Technologies, Inc. has a 12 month low of $19.00 and a 12 month high of $58.09. The stock's fifty day moving average price is $23.25 and its 200 day moving average price is $31.56. The firm has a market capitalization of $832.85 million, a PE ratio of 17.60 and a beta of 1.51.

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 EPS for the quarter, missing analysts' consensus estimates 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 company had revenue of $42.90 million for the quarter, compared to analyst estimates of $49.93 million. During the same period in the prior year, the company posted $0.34 EPS. The firm's quarterly revenue was down 9.3% on a year-over-year basis. As a group, research analysts expect that Napco Security Technologies, Inc. will post 1.24 EPS for the current fiscal year.

Napco Security Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.19%. The ex-dividend date was Wednesday, March 12th. Napco Security Technologies's payout ratio is presently 38.46%.

Analyst Ratings Changes

A number of research analysts have recently commented on NSSC shares. TD Cowen lowered 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 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 on the stock in a research report on Tuesday, March 25th. Needham & Company LLC decreased their price objective on shares of Napco Security Technologies from $40.00 to $37.00 and set a "buy" rating for the company in a report on Friday, March 21st. Cowen lowered shares of Napco Security Technologies from a "buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Finally, Craig Hallum lowered shares of Napco Security Technologies from a "buy" rating to a "hold" rating and set a $28.00 target price for the company. in a research report on Tuesday, February 4th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $35.50.

Napco Security Technologies 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.