Zurcher Kantonalbank Zurich Cantonalbank Has $930,000 Stock Holdings in Napco Security Technologies, Inc. (NASDAQ:NSSC)

Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Napco Security Technologies, Inc. (NASDAQ:NSSC) by 33.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 26,156 shares of the industrial products company’s stock after buying an additional 6,516 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Napco Security Technologies were worth $930,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in NSSC. First Horizon Advisors Inc. increased its stake in Napco Security Technologies by 109.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,107 shares of the industrial products company’s stock valued at $45,000 after buying an additional 579 shares during the period. KBC Group NV increased its stake in Napco Security Technologies by 61.4% in the 3rd quarter. KBC Group NV now owns 1,115 shares of the industrial products company’s stock valued at $45,000 after buying an additional 424 shares during the period. Arcadia Investment Management Corp MI acquired a new position in Napco Security Technologies in the 4th quarter valued at approximately $86,000. Raymond James Financial Inc. acquired a new position in Napco Security Technologies in the 4th quarter valued at approximately $220,000. Finally, Truvestments Capital LLC increased its stake in Napco Security Technologies by 10.9% in the 3rd quarter. Truvestments Capital LLC now owns 6,566 shares of the industrial products company’s stock valued at $266,000 after buying an additional 645 shares during the period. Institutional investors and hedge funds own 85.07% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the stock. TD Cowen downgraded shares of Napco Security Technologies from a “buy” rating to a “hold” rating and decreased their target price for the stock from $46.00 to $27.00 in a research report on Tuesday, February 4th. StockNews.com raised shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a research report on Tuesday, December 3rd. Craig Hallum downgraded 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. Needham & Company LLC decreased their target price on shares of Napco Security Technologies from $52.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, February 4th. Finally, Cowen downgraded shares of Napco Security Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $36.33.

Napco Security Technologies Trading Up 0.8 %

NASDAQ NSSC opened at $24.24 on Friday. The company has a fifty day simple moving average of $28.39 and a 200 day simple moving average of $34.94. The company has a market cap of $882.36 million, a P/E ratio of 18.65 and a beta of 1.59. Napco Security Technologies, Inc. has a 1 year low of $23.00 and a 1 year high of $58.09.

Napco Security Technologies (NASDAQ:NSSC) last issued its quarterly earnings results on Monday, February 3rd. The industrial products company reported $0.28 earnings per share 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 during the quarter, compared to the consensus estimate of $49.93 million. During the same period last year, the company earned $0.34 earnings per share. Napco Security Technologies’s revenue for the quarter was down 9.3% on a year-over-year basis. Equities research analysts forecast that Napco Security Technologies, Inc. will post 1.24 EPS for the current fiscal year.

Napco Security Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend is Wednesday, March 12th. Napco Security Technologies’s dividend payout ratio is 38.46%.

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.