JPMorgan Chase & Co. lifted its position in National Presto Industries Inc. (NYSE:NPK) by 371.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,683 shares of the conglomerate’s stock after purchasing an additional 6,052 shares during the quarter. JPMorgan Chase & Co. owned 0.11% of National Presto Industries worth $821,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the stock. Advisory Services Network LLC lifted its holdings in National Presto Industries by 7.3% in the 2nd quarter. Advisory Services Network LLC now owns 1,141 shares of the conglomerate’s stock worth $126,000 after buying an additional 78 shares during the period. Northern Trust Corp raised its position in shares of National Presto Industries by 0.3% in the 2nd quarter. Northern Trust Corp now owns 63,185 shares of the conglomerate’s stock worth $6,982,000 after acquiring an additional 167 shares in the last quarter. Thrivent Financial For Lutherans raised its position in shares of National Presto Industries by 6.2% in the 2nd quarter. Thrivent Financial For Lutherans now owns 3,105 shares of the conglomerate’s stock worth $343,000 after acquiring an additional 180 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of National Presto Industries by 0.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 32,094 shares of the conglomerate’s stock worth $3,547,000 after acquiring an additional 217 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. raised its position in shares of National Presto Industries by 22.1% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,709 shares of the conglomerate’s stock worth $301,000 after acquiring an additional 490 shares in the last quarter. Institutional investors own 54.68% of the company’s stock.
Shares of National Presto Industries Inc. (NYSE:NPK) traded down $1.15 on Monday, reaching $96.95. The company’s stock had a trading volume of 48,153 shares, compared to its average volume of 46,319. The stock has a market cap of $683.41, a P/E ratio of 11.90 and a beta of 0.41. National Presto Industries Inc. has a 1-year low of $91.75 and a 1-year high of $121.40.
National Presto Industries (NYSE:NPK) last released its earnings results on Monday, November 13th. The conglomerate reported $1.19 earnings per share for the quarter. The company had revenue of $70.61 million for the quarter. National Presto Industries had a return on equity of 16.08% and a net margin of 16.28%.
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National Presto Industries Profile
National Presto Industries, Inc operates through two business segments: the Housewares/Small Appliance segment and the Defense segment. The Housewares/Small Appliance segment designs, markets and distributes housewares and small electrical appliances, including pressure cookers and canners, kitchen electrics and comfort appliances.
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