Copeland Capital Management LLC Has $79.14 Million Holdings in NAPCO Security Technologies, Inc. $NSSC

Copeland Capital Management LLC boosted its holdings in NAPCO Security Technologies, Inc. (NASDAQ:NSSC) by 41.4% during the 1st quarter, Holdings Channel reports. The fund owned 2,009,089 shares of the industrial products company’s stock after acquiring an additional 588,297 shares during the quarter. NAPCO Security Technologies comprises 1.8% of Copeland Capital Management LLC’s portfolio, making the stock its 10th largest holding. Copeland Capital Management LLC owned 0.06% of NAPCO Security Technologies worth $79,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. IFP Advisors Inc grew its position in NAPCO Security Technologies by 193.3% in the 3rd quarter. IFP Advisors Inc now owns 572 shares of the industrial products company’s stock valued at $25,000 after buying an additional 377 shares in the last quarter. ProShare Advisors LLC raised its stake in shares of NAPCO Security Technologies by 6.9% in the 4th quarter. ProShare Advisors LLC now owns 6,313 shares of the industrial products company’s stock worth $263,000 after buying an additional 407 shares in the last quarter. Legal & General Group Plc raised its stake in shares of NAPCO Security Technologies by 1.0% in the 3rd quarter. Legal & General Group Plc now owns 43,937 shares of the industrial products company’s stock worth $1,887,000 after buying an additional 430 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in shares of NAPCO Security Technologies by 1.3% in the third quarter. Alliancebernstein L.P. now owns 36,826 shares of the industrial products company’s stock valued at $1,582,000 after buying an additional 474 shares during the period. Finally, Maseco LLP acquired a new position in NAPCO Security Technologies during the fourth quarter worth about $25,000. 85.07% of the stock is currently owned by institutional investors.

NAPCO Security Technologies Trading Down 1.5%

NSSC opened at $36.12 on Friday. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 34.73 and a beta of 1.44. NAPCO Security Technologies, Inc. has a 1 year low of $29.27 and a 1 year high of $48.12. The stock has a fifty day moving average price of $36.89 and a 200 day moving average price of $40.43.

NAPCO Security Technologies (NASDAQ:NSSC) last announced its quarterly earnings results on Monday, May 4th. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. NAPCO Security Technologies had a return on equity of 28.93% and a net margin of 18.70%.The business had revenue of $49.17 million during the quarter, compared to analyst estimates of $49.26 million. During the same period in the previous year, the company earned $0.28 EPS. The firm’s revenue was up 11.8% on a year-over-year basis. As a group, sell-side analysts forecast that NAPCO Security Technologies, Inc. will post 1.48 earnings per share for the current fiscal year.

NAPCO Security Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 3rd. Investors of record on Friday, June 12th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, June 12th. NAPCO Security Technologies’s payout ratio is presently 57.69%.

Analysts Set New Price Targets

Several research firms have recently weighed in on NSSC. Wall Street Zen lowered shares of NAPCO Security Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. TD Cowen reissued a “buy” rating and issued a $53.00 price target (up from $50.00) on shares of NAPCO Security Technologies in a research note on Tuesday, May 5th. Weiss Ratings cut shares of NAPCO Security Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Finally, DA Davidson reissued a “buy” rating and issued a $52.00 target price on shares of NAPCO Security Technologies in a research report on Tuesday, May 5th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, NAPCO Security Technologies currently has an average rating of “Moderate Buy” and an average price target of $48.67.

NAPCO Security Technologies Company Profile

NAPCO Security Technologies, Inc (NASDAQ: NSSC) is a designer and manufacturer of electronic security solutions for commercial and residential applications. The company’s product portfolio spans intrusion and fire alarm control panels, alarm communicators, access control locks and readers, as well as a broad range of peripheral modules and integrated security accessories. NAPCO’s offerings are engineered to deliver scalable, networked security systems suitable for new installations and retrofit projects alike.

Key product lines include hybrid alarm control panels that support both wired and wireless peripherals, cellular and IP alarm communicators for reliable central station reporting, and the acclaimed “Alarm Lock” series of standalone and networked electronic door locks.