Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in National Presto Industries, Inc. (NYSE:NPK)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 3,600 shares of the conglomerate's stock, valued at approximately $316,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.05% of National Presto Industries as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of NPK. GAMMA Investing LLC lifted its holdings in shares of National Presto Industries by 60.5% in the first quarter. GAMMA Investing LLC now owns 337 shares of the conglomerate's stock valued at $30,000 after purchasing an additional 127 shares in the last quarter. Lazard Asset Management LLC boosted 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 worth $84,000 after acquiring an additional 336 shares during the last quarter. Janus Henderson Group PLC purchased a new stake in shares of National Presto Industries in the fourth quarter valued at about $230,000. Graham Capital Management L.P. purchased a new position in National Presto Industries during the fourth quarter worth about $258,000. Finally, Stifel Financial Corp bought a new stake in National Presto Industries in the 4th quarter worth about $280,000. Institutional investors and hedge funds own 58.57% of the company's stock.

National Presto Industries Price Performance

Shares of National Presto Industries stock traded down $0.47 during trading hours on Thursday, hitting $99.53. 16,587 shares of the company's stock traded hands, compared to its average volume of 61,952. The stock has a market capitalization of $711.64 million, a price-to-earnings ratio of 16.68 and a beta of 0.51. National Presto Industries, Inc. has a 12-month low of $69.80 and a 12-month high of $110.82. The company has a fifty day simple moving average of $98.50 and a 200-day simple moving average of $93.06.

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

Analyst Ratings Changes

Separately, Wall Street Zen downgraded National Presto Industries from a "buy" rating to a "hold" rating in a research note on Monday, May 12th.

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.