Moody Aldrich Partners LLC Has $1.44 Million Position in NAPCO Security Technologies, Inc. (NASDAQ:NSSC)

Moody Aldrich Partners LLC cut its position in shares of NAPCO Security Technologies, Inc. (NASDAQ:NSSC - Free Report) by 21.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 62,464 shares of the industrial products company's stock after selling 16,918 shares during the quarter. Moody Aldrich Partners LLC owned 0.17% of NAPCO Security Technologies worth $1,438,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of NSSC. GAMMA Investing LLC boosted its position in NAPCO Security Technologies by 227.2% during the 1st quarter. GAMMA Investing LLC now owns 1,106 shares of the industrial products company's stock worth $25,000 after acquiring an additional 768 shares during the last quarter. New Age Alpha Advisors LLC acquired a new position in NAPCO Security Technologies during the fourth quarter worth $32,000. Caption Management LLC acquired a new position in NAPCO Security Technologies during the fourth quarter worth $33,000. Point72 Asia Singapore Pte. Ltd. bought a new position in NAPCO Security Technologies in the fourth quarter valued at $53,000. Finally, Mpwm Advisory Solutions LLC acquired a new stake in NAPCO Security Technologies in the 4th quarter valued at $54,000. Institutional investors and hedge funds own 85.07% of the company's stock.

NAPCO Security Technologies Price Performance

Shares of NASDAQ NSSC opened at $29.95 on Friday. The company has a 50-day moving average price of $27.51 and a 200-day moving average price of $27.83. The stock has a market capitalization of $1.07 billion, a P/E ratio of 24.55 and a beta of 1.43. NAPCO Security Technologies, Inc. has a 1 year low of $19.00 and a 1 year high of $58.09.

NAPCO Security Technologies (NASDAQ:NSSC - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.01. The business had revenue of $43.96 million during the quarter, compared to the consensus estimate of $45.11 million. NAPCO Security Technologies had a return on equity of 26.14% and a net margin of 25.00%. The company's quarterly revenue was down 10.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 EPS. As a group, equities research analysts anticipate that NAPCO Security Technologies, Inc. will post 1.24 earnings per share for the current fiscal year.

NAPCO Security Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Thursday, June 12th were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.87%. This is an increase from NAPCO Security Technologies's previous quarterly dividend of $0.13. The ex-dividend date was Thursday, June 12th. NAPCO Security Technologies's dividend payout ratio (DPR) is presently 45.90%.

Analysts Set New Price Targets

NSSC has been the topic of several analyst reports. DA Davidson set a $33.00 price target on shares of NAPCO Security Technologies and gave the stock a "buy" rating in a research report on Wednesday, June 25th. Lake Street Capital set a $26.00 target price on NAPCO Security Technologies in a report on Monday, May 5th. Finally, Needham & Company LLC decreased their price target on NAPCO Security Technologies from $37.00 to $32.00 and set a "buy" rating for the company in a research note on Tuesday, May 6th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $29.20.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.