Quest Partners LLC Reduces Stock Holdings in National Presto Industries, Inc. (NYSE:NPK)

Quest Partners LLC lowered its position in National Presto Industries, Inc. (NYSE:NPK) by 38.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,321 shares of the conglomerate’s stock after selling 1,446 shares during the quarter. Quest Partners LLC’s holdings in National Presto Industries were worth $174,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of NPK. Vanguard Group Inc. grew its holdings in shares of National Presto Industries by 0.7% in the first quarter. Vanguard Group Inc. now owns 607,135 shares of the conglomerate’s stock valued at $50,878,000 after purchasing an additional 4,061 shares during the period. Price T Rowe Associates Inc. MD lifted its position in National Presto Industries by 15.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,664 shares of the conglomerate’s stock valued at $475,000 after buying an additional 774 shares during the last quarter. Mather Group LLC. acquired a new position in National Presto Industries in the second quarter valued at about $68,000. First Personal Financial Services lifted its position in National Presto Industries by 6.2% in the second quarter. First Personal Financial Services now owns 4,000 shares of the conglomerate’s stock valued at $301,000 after buying an additional 235 shares during the last quarter. Finally, Rhumbline Advisers lifted its position in National Presto Industries by 4.2% in the second quarter. Rhumbline Advisers now owns 14,784 shares of the conglomerate’s stock valued at $1,111,000 after buying an additional 593 shares during the last quarter. Hedge funds and other institutional investors own 58.57% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of National Presto Industries from a “hold” rating to a “buy” rating in a research report on Thursday, September 26th.

National Presto Industries Price Performance

NYSE NPK opened at $78.52 on Thursday. The firm’s 50-day moving average is $74.61 and its two-hundred day moving average is $74.79. National Presto Industries, Inc. has a 12 month low of $69.58 and a 12 month high of $86.08. The stock has a market capitalization of $557.49 million, a P/E ratio of 16.69 and a beta of 0.57.

National Presto Industries Company 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.