NAPCO Security Technologies, Inc. (NSSC) Shares Bought by Northern Trust Corp

Northern Trust Corp boosted its position in NAPCO Security Technologies, Inc. (NASDAQ:NSSC) by 319.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 146,111 shares of the industrial products company’s stock after acquiring an additional 111,318 shares during the quarter. Northern Trust Corp owned 0.78% of NAPCO Security Technologies worth $1,373,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of NSSC. Kennedy Capital Management Inc. acquired a new position in NAPCO Security Technologies in the second quarter valued at $1,225,000. Goldman Sachs Group Inc. acquired a new position in shares of NAPCO Security Technologies during the first quarter worth about $496,000. Cadence Capital Management LLC lifted its stake in shares of NAPCO Security Technologies by 72.5% during the second quarter. Cadence Capital Management LLC now owns 110,461 shares of the industrial products company’s stock worth $1,038,000 after purchasing an additional 46,416 shares in the last quarter. Municipal Employees Retirement System of Michigan acquired a new position in shares of NAPCO Security Technologies during the second quarter worth about $352,000. Finally, Wedge Capital Management L L P NC acquired a new position in shares of NAPCO Security Technologies during the second quarter worth about $300,000. Hedge funds and other institutional investors own 29.94% of the company’s stock.

Separately, Canaccord Genuity restated a “buy” rating and set a $14.00 price objective on shares of NAPCO Security Technologies in a research note on Monday, November 6th.

NAPCO Security Technologies, Inc. (NASDAQ NSSC) opened at $10.00 on Tuesday. The company has a market capitalization of $189.43, a PE ratio of 31.41 and a beta of 0.56. NAPCO Security Technologies, Inc. has a one year low of $7.40 and a one year high of $10.95. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.77 and a current ratio of 5.89.

NAPCO Security Technologies (NASDAQ:NSSC) last issued its quarterly earnings data on Monday, November 6th. The industrial products company reported $0.05 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.05. The company had revenue of $21.17 million for the quarter, compared to analysts’ expectations of $21.56 million. NAPCO Security Technologies had a return on equity of 10.70% and a net margin of 6.70%. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.03 earnings per share.

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NAPCO Security Technologies Company Profile

NAPCO Security Technologies, Inc is a manufacturer of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. These products are used for commercial, residential, institutional, industrial and governmental applications, and are sold across the world principally to independent distributors, dealers and installers of security equipment.

Institutional Ownership by Quarter for NAPCO Security Technologies (NASDAQ:NSSC)

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