CLARET ASSET MANAGEMENT Corp cut its position in shares of National Presto Industries Inc. (NYSE:NPK) by 2.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 66,126 shares of the conglomerate’s stock after selling 1,915 shares during the quarter. National Presto Industries accounts for 1.7% of CLARET ASSET MANAGEMENT Corp’s portfolio, making the stock its 16th largest position. CLARET ASSET MANAGEMENT Corp owned about 0.95% of National Presto Industries worth $7,731,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently bought and sold shares of the company. LS Investment Advisors LLC grew its stake in shares of National Presto Industries by 242.2% in the fourth quarter. LS Investment Advisors LLC now owns 698 shares of the conglomerate’s stock worth $82,000 after acquiring an additional 494 shares during the last quarter. Pacer Advisors Inc. bought a new position in National Presto Industries in the third quarter worth $145,000. Hartford Investment Management Co. bought a new position in National Presto Industries in the third quarter worth $209,000. WINTON GROUP Ltd bought a new position in National Presto Industries in the third quarter worth $232,000. Finally, Oregon Public Employees Retirement Fund bought a new position in National Presto Industries in the fourth quarter worth $223,000. 64.74% of the stock is owned by institutional investors.
NPK stock traded up $2.32 during midday trading on Thursday, hitting $109.24. The stock had a trading volume of 64,900 shares, compared to its average volume of 35,968. The stock has a market cap of $733.77 million, a P/E ratio of 16.69 and a beta of 0.40. National Presto Industries Inc. has a 52 week low of $92.00 and a 52 week high of $140.32.
The company also recently announced an annual dividend, which will be paid on Friday, March 15th. Investors of record on Friday, March 1st will be given a $1.00 dividend. The ex-dividend date of this dividend is Thursday, February 28th. This represents a yield of 0.83%.
National Presto Industries Profile
National Presto Industries Inc provides housewares and small appliances, and defense products primarily in North America. The company operates in two segments, Housewares/Small Appliance and Defense. The 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 under the Presto Control Master brand; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; rice cookers; microwave bacon cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers.
See Also: Liquidity
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