National Presto Industries, Inc. $NPK Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH trimmed its holdings in shares of National Presto Industries, Inc. (NYSE:NPK) by 25.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,700 shares of the conglomerate’s stock after selling 900 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in National Presto Industries were worth $264,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the business. Solstein Capital LLC acquired a new stake in shares of National Presto Industries during the 2nd quarter worth about $58,000. AlphaQuest LLC increased its stake in National Presto Industries by 49.5% in the first quarter. AlphaQuest LLC now owns 1,501 shares of the conglomerate’s stock valued at $132,000 after purchasing an additional 497 shares during the last quarter. Quantbot Technologies LP purchased a new position in National Presto Industries in the first quarter valued at approximately $217,000. Creative Planning raised its holdings in National Presto Industries by 11.5% during the second quarter. Creative Planning now owns 2,676 shares of the conglomerate’s stock worth $262,000 after purchasing an additional 275 shares in the last quarter. Finally, Meixler Investment Management Ltd. purchased a new stake in shares of National Presto Industries during the 2nd quarter worth approximately $296,000. Hedge funds and other institutional investors own 58.57% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of National Presto Industries in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

National Presto Industries Stock Up 0.1%

Shares of National Presto Industries stock opened at $93.85 on Friday. The firm has a market cap of $671.22 million, a price-to-earnings ratio of 16.10 and a beta of 0.49. National Presto Industries, Inc. has a 52-week low of $77.63 and a 52-week high of $120.49. The company’s 50-day simple moving average is $106.37 and its 200-day simple moving average is $102.23.

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.