Emerald Advisers LLC Purchases 26,835 Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC)

Emerald Advisers LLC lifted its position in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) by 5.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 535,092 shares of the industrial products company’s stock after buying an additional 26,835 shares during the period. Emerald Advisers LLC’s holdings in Napco Security Technologies were worth $19,028,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in Napco Security Technologies by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 2,849,651 shares of the industrial products company’s stock valued at $101,334,000 after purchasing an additional 32,482 shares during the last quarter. Bridge City Capital LLC lifted its stake in Napco Security Technologies by 1.0% in the 4th quarter. Bridge City Capital LLC now owns 69,250 shares of the industrial products company’s stock valued at $2,463,000 after purchasing an additional 667 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in Napco Security Technologies in the 4th quarter valued at approximately $239,000. Sei Investments Co. lifted its stake in Napco Security Technologies by 18.3% in the 4th quarter. Sei Investments Co. now owns 45,148 shares of the industrial products company’s stock valued at $1,605,000 after purchasing an additional 6,991 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in Napco Security Technologies by 5.1% in the 4th quarter. American Century Companies Inc. now owns 85,241 shares of the industrial products company’s stock valued at $3,031,000 after purchasing an additional 4,106 shares during the last quarter. Institutional investors own 85.07% of the company’s stock.

Napco Security Technologies Stock Down 1.2 %

NSSC opened at $23.94 on Friday. Napco Security Technologies, Inc. has a twelve month low of $23.00 and a twelve month high of $58.09. The company has a fifty day moving average of $28.20 and a 200-day moving average of $34.72. The stock has a market cap of $871.44 million, a PE ratio of 18.42 and a beta of 1.59.

Napco Security Technologies (NASDAQ:NSSC) last posted its quarterly earnings data on Monday, February 3rd. The industrial products company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.06). Napco Security Technologies had a return on equity of 27.65% and a net margin of 25.94%. The firm had revenue of $42.90 million for the quarter, compared to analyst estimates of $49.93 million. During the same quarter last year, the company earned $0.34 earnings per share. The company’s quarterly revenue was down 9.3% compared to the same quarter last year. Sell-side analysts anticipate that Napco Security Technologies, Inc. will post 1.24 EPS for the current fiscal year.

Napco Security Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 12th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date is Wednesday, March 12th. Napco Security Technologies’s payout ratio is 38.46%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on NSSC. Cowen downgraded shares of Napco Security Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. StockNews.com raised shares of Napco Security Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Lake Street Capital set a $30.00 price target on shares of Napco Security Technologies and gave the company a “buy” rating in a research note on Tuesday, February 4th. Craig Hallum downgraded shares of Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 price target for the company. in a research note on Tuesday, February 4th. Finally, TD Cowen downgraded shares of Napco Security Technologies from a “buy” rating to a “hold” rating and dropped their price target for the company from $46.00 to $27.00 in a research note on Tuesday, February 4th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Napco Security Technologies presently has a consensus rating of “Hold” and a consensus price target of $35.83.

About Napco Security Technologies

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.