BNP Paribas Arbitrage SA Increases Holdings in National Presto Industries, Inc. (NPK)

BNP Paribas Arbitrage SA boosted its holdings in shares of National Presto Industries, Inc. (NYSE:NPK) by 72.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,769 shares of the conglomerate’s stock after acquiring an additional 1,159 shares during the period. BNP Paribas Arbitrage SA’s holdings in National Presto Industries were worth $295,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in NPK. LSV Asset Management raised its position in National Presto Industries by 84.4% during the second quarter. LSV Asset Management now owns 33,763 shares of the conglomerate’s stock worth $3,730,000 after acquiring an additional 15,453 shares during the last quarter. Alliancebernstein L.P. raised its position in National Presto Industries by 534.3% during the second quarter. Alliancebernstein L.P. now owns 13,320 shares of the conglomerate’s stock worth $1,472,000 after acquiring an additional 11,220 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in National Presto Industries by 28.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 43,357 shares of the conglomerate’s stock worth $4,791,000 after acquiring an additional 9,648 shares during the last quarter. Citadel Advisors LLC raised its position in National Presto Industries by 38.6% during the second quarter. Citadel Advisors LLC now owns 34,543 shares of the conglomerate’s stock worth $3,817,000 after acquiring an additional 9,618 shares during the last quarter. Finally, OxFORD Asset Management LLP acquired a new position in National Presto Industries during the second quarter worth about $836,000. Institutional investors own 54.74% of the company’s stock.

National Presto Industries, Inc. (NPK) traded up $0.15 during trading hours on Wednesday, hitting $97.20. 72,100 shares of the stock were exchanged, compared to its average volume of 24,762. The firm has a market capitalization of $697.20, a price-to-earnings ratio of 12.30 and a beta of 0.45. National Presto Industries, Inc. has a twelve month low of $91.75 and a twelve month high of $121.40.

Separately, BidaskClub lowered shares of National Presto Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, August 15th.

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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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Institutional Ownership by Quarter for National Presto Industries (NYSE:NPK)

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