Exchange Traded Concepts LLC Has $753,000 Holdings in National Presto Industries, Inc. (NYSE:NPK)

Exchange Traded Concepts LLC lessened its stake in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) by 64.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,567 shares of the conglomerate's stock after selling 15,354 shares during the quarter. Exchange Traded Concepts LLC owned 0.12% of National Presto Industries worth $753,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of NPK. GAMMA Investing LLC lifted its holdings in shares of National Presto Industries by 60.5% during the first quarter. GAMMA Investing LLC now owns 337 shares of the conglomerate's stock valued at $30,000 after acquiring an additional 127 shares during the period. PNC Financial Services Group Inc. increased its position in shares of 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 purchasing an additional 121 shares in the last quarter. Lazard Asset Management LLC lifted its holdings in National Presto Industries by 64.6% during the 4th quarter. Lazard Asset Management LLC now owns 856 shares of the conglomerate's stock valued at $84,000 after purchasing an additional 336 shares during the last quarter. US Bancorp DE lifted its holdings in National Presto Industries by 11.6% during the 4th quarter. US Bancorp DE now owns 1,616 shares of the conglomerate's stock valued at $159,000 after purchasing an additional 168 shares during the last quarter. Finally, Janus Henderson Group PLC acquired a new position in National Presto Industries in the fourth quarter valued at about $230,000. Institutional investors and hedge funds own 58.57% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered shares of National Presto Industries from a "buy" rating to a "hold" rating in a report on Monday, May 12th.

National Presto Industries Stock Up 0.2%

NPK traded up $0.20 during trading on Tuesday, hitting $97.00. The company's stock had a trading volume of 118,628 shares, compared to its average volume of 39,885. The firm's 50 day moving average price is $86.96 and its two-hundred day moving average price is $91.42. The stock has a market capitalization of $693.55 million, a price-to-earnings ratio of 16.28 and a beta of 0.46. National Presto Industries, Inc. has a 12 month low of $69.58 and a 12 month high of $103.93.

National Presto Industries (NYSE:NPK - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The conglomerate reported $1.07 earnings per share (EPS) for the quarter. National Presto Industries had a return on equity of 11.97% and a net margin of 10.24%. The business had revenue of $103.64 million during the quarter.

National Presto Industries Profile

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.