Universal Beteiligungs und Servicegesellschaft mbH Takes $316,000 Position in National Presto Industries, Inc. (NYSE:NPK)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in National Presto Industries, Inc. (NYSE:NPK) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 3,600 shares of the conglomerate’s stock, valued at approximately $316,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.05% of National Presto Industries at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of NPK. American Century Companies Inc. grew its holdings in shares of National Presto Industries by 9.9% in the 4th quarter. American Century Companies Inc. now owns 10,647 shares of the conglomerate’s stock valued at $1,048,000 after acquiring an additional 956 shares in the last quarter. Sei Investments Co. grew its holdings in National Presto Industries by 9.5% during the fourth quarter. Sei Investments Co. now owns 3,444 shares of the conglomerate’s stock worth $339,000 after purchasing an additional 300 shares during the period. LPL Financial LLC bought a new position in National Presto Industries during the fourth quarter worth about $2,092,000. Vanguard Group Inc. lifted its position in National Presto Industries by 8.0% during the fourth quarter. Vanguard Group Inc. now owns 364,775 shares of the conglomerate’s stock worth $35,901,000 after acquiring an additional 26,987 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in National Presto Industries by 9.2% during the fourth quarter. JPMorgan Chase & Co. now owns 45,069 shares of the conglomerate’s stock worth $4,436,000 after acquiring an additional 3,792 shares during the last quarter. Institutional investors own 58.57% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded shares of National Presto Industries from a “buy” rating to a “hold” rating in a research report on Monday, May 12th.

National Presto Industries Stock Down 1.1%

Shares of NPK stock opened at $95.39 on Monday. National Presto Industries, Inc. has a 12-month low of $69.80 and a 12-month high of $110.82. The firm has a 50 day moving average price of $97.70 and a two-hundred day moving average price of $92.97. The company has a market capitalization of $682.04 million, a PE ratio of 16.01 and a beta of 0.51.

National Presto Industries (NYSE:NPK) last released its quarterly earnings results on Wednesday, May 7th. The conglomerate reported $1.07 earnings per share for the quarter. National Presto Industries had a net margin of 10.24% and a return on equity of 11.97%. The company had revenue of $103.64 million during the quarter.

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.