National Presto Industries, Inc. (NYSE:NPK) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC decreased its position in shares of National Presto Industries, Inc. (NYSE:NPK) by 20.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,005 shares of the conglomerate’s stock after selling 504 shares during the period. Nisa Investment Advisors LLC’s holdings in National Presto Industries were worth $161,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of NPK. Captrust Financial Advisors raised its position in National Presto Industries by 74.3% in the 1st quarter. Captrust Financial Advisors now owns 509 shares of the conglomerate’s stock valued at $39,000 after purchasing an additional 217 shares in the last quarter. Tower Research Capital LLC TRC raised its position in National Presto Industries by 695.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,106 shares of the conglomerate’s stock valued at $81,000 after purchasing an additional 967 shares in the last quarter. Quantbot Technologies LP acquired a new stake in National Presto Industries in the 1st quarter valued at about $86,000. Lazard Asset Management LLC acquired a new stake in National Presto Industries in the 2nd quarter valued at about $116,000. Finally, Teachers Retirement System of The State of Kentucky acquired a new stake in National Presto Industries in the 3rd quarter valued at about $122,000. Institutional investors and hedge funds own 58.57% of the company’s stock.

National Presto Industries Stock Performance

Shares of NYSE NPK opened at $81.60 on Friday. National Presto Industries, Inc. has a fifty-two week low of $66.83 and a fifty-two week high of $84.29. The firm has a market capitalization of $581.32 million, a PE ratio of 16.79 and a beta of 0.59. The stock’s 50-day simple moving average is $78.95 and its 200-day simple moving average is $78.40.

National Presto Industries (NYSE:NPK) last issued its earnings results on Tuesday, February 20th. The conglomerate reported $1.85 earnings per share for the quarter. National Presto Industries had a return on equity of 10.14% and a net margin of 10.14%. The business had revenue of $98.42 million for the quarter.

National Presto Industries Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a dividend of $1.00 per share. This represents a dividend yield of 1.28%. The ex-dividend date was Thursday, February 29th. National Presto Industries’s dividend payout ratio (DPR) is presently 20.58%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised National Presto Industries from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 22nd.

About National Presto Industries

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.