Victory Capital Management Inc. Has $470,000 Stake in EnPro Industries, Inc. (NPO)

Victory Capital Management Inc. grew its position in EnPro Industries, Inc. (NYSE:NPO) by 27.7% in the 3rd quarter, Holdings Channel reports. The firm owned 6,443 shares of the industrial products company’s stock after purchasing an additional 1,396 shares during the period. Victory Capital Management Inc.’s holdings in EnPro Industries were worth $470,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. BlackRock Inc. raised its holdings in shares of EnPro Industries by 5.0% in the second quarter. BlackRock Inc. now owns 2,902,994 shares of the industrial products company’s stock valued at $203,064,000 after purchasing an additional 138,335 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of EnPro Industries by 30.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,069,483 shares of the industrial products company’s stock valued at $74,811,000 after purchasing an additional 248,556 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of EnPro Industries by 91.3% in the second quarter. Gamco Investors INC. ET AL now owns 882,202 shares of the industrial products company’s stock valued at $61,710,000 after purchasing an additional 421,102 shares during the last quarter. FMR LLC raised its holdings in shares of EnPro Industries by 243.8% in the second quarter. FMR LLC now owns 618,705 shares of the industrial products company’s stock valued at $43,278,000 after purchasing an additional 438,735 shares during the last quarter. Finally, Macquarie Group Ltd. raised its holdings in shares of EnPro Industries by 2.2% in the second quarter. Macquarie Group Ltd. now owns 607,030 shares of the industrial products company’s stock valued at $42,462,000 after purchasing an additional 13,095 shares during the last quarter. Institutional investors own 98.81% of the company’s stock.

NYSE NPO opened at $70.38 on Friday. EnPro Industries, Inc. has a 52-week low of $57.31 and a 52-week high of $94.79. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.74 and a quick ratio of 1.85. The stock has a market cap of $1.43 billion, a P/E ratio of 30.60, a P/E/G ratio of 1.23 and a beta of 1.21.

EnPro Industries (NYSE:NPO) last posted its quarterly earnings data on Wednesday, October 31st. The industrial products company reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.26. EnPro Industries had a net margin of 4.63% and a return on equity of 8.68%. The business had revenue of $388.20 million during the quarter, compared to the consensus estimate of $377.13 million. During the same quarter last year, the company posted $0.73 earnings per share. The firm’s quarterly revenue was up 12.9% compared to the same quarter last year. On average, equities research analysts anticipate that EnPro Industries, Inc. will post 3.74 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 19th. Investors of record on Wednesday, December 5th will be issued a dividend of $0.24 per share. The ex-dividend date is Tuesday, December 4th. This represents a $0.96 dividend on an annualized basis and a yield of 1.36%. EnPro Industries’s dividend payout ratio (DPR) is presently 41.74%.

Several analysts have recently commented on the stock. ValuEngine downgraded shares of EnPro Industries from a “hold” rating to a “sell” rating in a report on Tuesday, November 20th. Zacks Investment Research downgraded shares of EnPro Industries from a “hold” rating to a “sell” rating in a report on Saturday, August 4th. TheStreet upgraded shares of EnPro Industries from a “c+” rating to a “b-” rating in a report on Monday, August 6th. SunTrust Banks restated a “buy” rating and set a $88.00 price objective on shares of EnPro Industries in a report on Thursday, August 16th. Finally, KeyCorp decreased their price objective on shares of EnPro Industries from $90.00 to $74.00 and set an “overweight” rating for the company in a report on Thursday, November 1st. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the stock. EnPro Industries has an average rating of “Buy” and an average target price of $84.40.

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EnPro Industries Company Profile

EnPro Industries, Inc designs, develops, manufactures, and markets engineered industrial products worldwide. The company's Sealing Products segment offers metallic, non-metallic, and composite material gaskets; dynamic seals; compression packings; resilient metal seals; elastomeric seals; hydraulic components; expansion joints; flange sealing and isolation products; pipeline casing spacers/isolators; casing end seals; modular sealing systems for sealing pipeline penetrations; hole forming products; manhole infiltration sealing systems; bellows and bellows assemblies; pedestals; custom-engineered mechanical seals; polytetrafluoroethylene products; and heavy-duty commercial vehicle parts.

Read More: Intrinsic Value

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Institutional Ownership by Quarter for EnPro Industries (NYSE:NPO)

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