Deutsche Bank AG Purchases 9,878 Shares of Napco Security Technologies, Inc. (NASDAQ:NSSC)

Deutsche Bank AG boosted its position in shares of Napco Security Technologies, Inc. (NASDAQ:NSSC) by 47.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,638 shares of the industrial products company’s stock after acquiring an additional 9,878 shares during the period. Deutsche Bank AG owned 0.08% of Napco Security Technologies worth $1,089,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Corient Private Wealth LLC grew its stake in Napco Security Technologies by 102.4% during the 4th quarter. Corient Private Wealth LLC now owns 18,104 shares of the industrial products company’s stock worth $644,000 after buying an additional 768,629 shares during the last quarter. Wellington Management Group LLP acquired a new stake in Napco Security Technologies in the fourth quarter worth about $10,427,000. JPMorgan Chase & Co. grew its stake in shares of Napco Security Technologies by 318.6% during the fourth quarter. JPMorgan Chase & Co. now owns 283,812 shares of the industrial products company’s stock worth $10,092,000 after acquiring an additional 216,017 shares during the last quarter. Marshall Wace LLP grew its stake in shares of Napco Security Technologies by 122.9% during the fourth quarter. Marshall Wace LLP now owns 322,293 shares of the industrial products company’s stock worth $11,461,000 after acquiring an additional 177,727 shares during the last quarter. Finally, Copeland Capital Management LLC increased its holdings in shares of Napco Security Technologies by 15.1% during the fourth quarter. Copeland Capital Management LLC now owns 1,194,623 shares of the industrial products company’s stock valued at $42,481,000 after acquiring an additional 156,495 shares in the last quarter. 85.07% of the stock is currently owned by institutional investors and hedge funds.

Napco Security Technologies Price Performance

NASDAQ:NSSC opened at $28.10 on Monday. The firm has a market capitalization of $1.00 billion, a P/E ratio of 21.62 and a beta of 1.41. Napco Security Technologies, Inc. has a 1-year low of $19.00 and a 1-year high of $58.09. The company’s fifty day moving average price is $23.77 and its 200-day moving average price is $29.65.

Napco Security Technologies (NASDAQ:NSSC) last posted its earnings results on Monday, May 5th. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. The company had revenue of $43.96 million during the quarter, compared to the consensus estimate of $45.11 million. Napco Security Technologies had a net margin of 25.94% and a return on equity of 27.65%. The firm’s quarterly revenue was down 10.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.37 earnings per share. Equities analysts anticipate that Napco Security Technologies, Inc. will post 1.24 EPS for the current fiscal year.

Napco Security Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Thursday, June 12th will be paid a $0.14 dividend. This is an increase from Napco Security Technologies’s previous quarterly dividend of $0.13. The ex-dividend date is Thursday, June 12th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.99%. Napco Security Technologies’s dividend payout ratio is presently 45.90%.

Wall Street Analysts Forecast Growth

NSSC has been the topic of several research analyst reports. Craig Hallum downgraded shares of Napco Security Technologies from a “buy” rating to a “hold” rating and set a $28.00 target price on the stock. in a research report on Tuesday, February 4th. Cowen downgraded shares of Napco Security Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. TD Cowen downgraded Napco Security Technologies from a “buy” rating to a “hold” rating and cut their target price for the company from $46.00 to $27.00 in a research report on Tuesday, February 4th. Lake Street Capital set a $26.00 target price on Napco Security Technologies in a research note on Monday, May 5th. Finally, Needham & Company LLC dropped their price target on Napco Security Technologies from $37.00 to $32.00 and set a “buy” rating on the stock in a research note on Tuesday, May 6th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $32.20.

Napco Security Technologies Profile

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.