National Bank of Canada FI lessed its stake in National Presto Industries, Inc. (NYSE:NPK – Get Rating) by 5.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,585 shares of the conglomerate’s stock after selling 187 shares during the period. National Bank of Canada FI owned 0.05% of National Presto Industries worth $276,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in the stock. Renaissance Technologies LLC increased its stake in National Presto Industries by 0.3% in the 4th quarter. Renaissance Technologies LLC now owns 195,500 shares of the conglomerate’s stock worth $16,037,000 after buying an additional 600 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in National Presto Industries by 3.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 133,895 shares of the conglomerate’s stock worth $10,983,000 after buying an additional 4,253 shares during the period. Euclidean Technologies Management LLC increased its stake in National Presto Industries by 11.1% in the 4th quarter. Euclidean Technologies Management LLC now owns 25,138 shares of the conglomerate’s stock worth $2,062,000 after buying an additional 2,502 shares during the period. Uncommon Cents Investing LLC increased its stake in National Presto Industries by 10.1% in the 1st quarter. Uncommon Cents Investing LLC now owns 22,720 shares of the conglomerate’s stock worth $1,748,000 after buying an additional 2,080 shares during the period. Finally, Rhumbline Advisers increased its stake in National Presto Industries by 1.3% in the 4th quarter. Rhumbline Advisers now owns 20,683 shares of the conglomerate’s stock worth $1,697,000 after buying an additional 260 shares during the period. Hedge funds and other institutional investors own 52.99% of the company’s stock.
National Presto Industries Stock Performance
NYSE NPK opened at $74.13 on Thursday. The company has a market capitalization of $522.91 million, a price-to-earnings ratio of 31.15 and a beta of 0.60. The company’s 50-day simple moving average is $67.52 and its two-hundred day simple moving average is $73.75. National Presto Industries, Inc. has a one year low of $59.99 and a one year high of $92.41.
Analysts Set New Price Targets
Separately, StockNews.com raised shares of National Presto Industries from a “hold” rating to a “buy” rating in a research note on Thursday, August 4th.
About National Presto Industries
National Presto Industries Inc provides housewares and small electric appliance, and defense products primarily in North America. It operates through three segments: Housewares/Small Appliance, Defense, and Safety. The company’s Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control single thermostatic control line of skillets, griddles, woks, and multi-purpose cookers; slow cooker; deep fryer; air fryer; waffle makers; pizza oven; slicers/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers under the Presto Control Master brand.
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