Uncommon Cents Investing LLC Sells 580 Shares of National Presto Industries, Inc. (NYSE:NPK)

Uncommon Cents Investing LLC lessened its position in National Presto Industries, Inc. (NYSE:NPK) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,585 shares of the conglomerate’s stock after selling 580 shares during the quarter. Uncommon Cents Investing LLC’s holdings in National Presto Industries were worth $1,653,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in NPK. Captrust Financial Advisors boosted its stake in shares of National Presto Industries by 74.3% in the 1st quarter. Captrust Financial Advisors now owns 509 shares of the conglomerate’s stock valued at $39,000 after purchasing an additional 217 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in National Presto Industries by 695.7% in the second quarter. Tower Research Capital LLC TRC now owns 1,106 shares of the conglomerate’s stock worth $81,000 after purchasing an additional 967 shares during the last quarter. Quantbot Technologies LP purchased a new stake in National Presto Industries during the first quarter valued at about $86,000. Lazard Asset Management LLC bought a new position in shares of National Presto Industries during the second quarter valued at about $116,000. Finally, Teachers Retirement System of The State of Kentucky bought a new stake in shares of National Presto Industries in the 3rd quarter valued at about $122,000. Institutional investors own 58.57% of the company’s stock.

National Presto Industries Price Performance

Shares of NYSE:NPK opened at $83.80 on Friday. National Presto Industries, Inc. has a 1 year low of $66.83 and a 1 year high of $84.29. The stock’s 50-day moving average is $78.63 and its 200 day moving average is $77.55. The company has a market cap of $596.66 million, a PE ratio of 17.24 and a beta of 0.58.

National Presto Industries (NYSE:NPK) last announced its earnings results on Tuesday, February 20th. The conglomerate reported $1.85 EPS for the quarter. The company had revenue of $98.42 million during the quarter. National Presto Industries had a return on equity of 10.14% and a net margin of 10.14%.

National Presto Industries Announces Dividend

The business also recently announced an annual dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a $1.00 dividend. The ex-dividend date was Thursday, February 29th. This represents a dividend yield of 1.28%. National Presto Industries’s dividend payout ratio is 20.58%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded National Presto Industries from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 22nd.

About National Presto Industries

National Presto Industries Inc provides housewares and small electric 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; 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.