Exchange Traded Concepts LLC Boosts Holdings in National Presto Industries, Inc. (NYSE:NPK)

Exchange Traded Concepts LLC raised its holdings in National Presto Industries, Inc. (NYSE:NPK) by 4.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 23,921 shares of the conglomerate’s stock after acquiring an additional 979 shares during the period. Exchange Traded Concepts LLC’s holdings in National Presto Industries were worth $2,354,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its holdings in National Presto Industries by 55.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 41,277 shares of the conglomerate’s stock valued at $3,102,000 after buying an additional 14,663 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of National Presto Industries in the 3rd quarter valued at about $75,000. Sanctuary Advisors LLC lifted its stake in shares of National Presto Industries by 50.7% in the 3rd quarter. Sanctuary Advisors LLC now owns 4,852 shares of the conglomerate’s stock valued at $382,000 after purchasing an additional 1,633 shares in the last quarter. Barclays PLC lifted its stake in shares of National Presto Industries by 301.6% in the 3rd quarter. Barclays PLC now owns 11,109 shares of the conglomerate’s stock valued at $835,000 after purchasing an additional 8,343 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of National Presto Industries by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 123,146 shares of the conglomerate’s stock valued at $9,255,000 after purchasing an additional 2,827 shares in the last quarter. Hedge funds and other institutional investors own 58.57% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered National Presto Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, December 3rd.

National Presto Industries Price Performance

NYSE NPK opened at $98.02 on Monday. The firm has a market capitalization of $695.94 million, a P/E ratio of 20.64 and a beta of 0.54. National Presto Industries, Inc. has a 1-year low of $69.58 and a 1-year high of $99.39. The business’s 50-day simple moving average is $90.99 and its 200-day simple moving average is $80.42.

National Presto Industries Company Profile

National Presto Industries, Inc provides housewares and small 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; vacuum sealers; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric knife sharpeners; and timers under the Presto Control Master brand.